Financial Releases

RF Micro Devices to Host Analyst Day on November 12, 2008

RF Micro Devices to Host Analyst Day on November 12, 2008GREENSBORO, N.C., Oct 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance semiconductor components, today announced that its fourth annual Analyst Day will be held on November 12, 2008 from 7:30 a.m. ET to approximately 11:00 a.m. ET in New York, NY. Presenters at the event (in order of appearance) will include:

-- Bob Bruggeworth, president and chief executive officer of RFMD®

-- Eric Creviston, president of RFMD's Cellular Products Group (CPG)

-- Bob Van Buskirk, president of RFMD's Multi-Market Products Group (MPG)

-- Dean Priddy, vice president of administration and chief financial officer of RFMD

RFMD's executive team will present an overview of the Company's market outlook, growth opportunities and competitive strengths, as well as review the Company's financial outlook and guidance.

Institutional investors and financial analysts are invited to contact Samantha Alphonso at the Financial Relations Board at 212.827.3746 (salphonso@frbir.com) to register for the event. The event will be available to the public via a live audio webcast at http://www.rfmd.com/ir. To access the live event, please go to the Web site at least 15 minutes early to register and download any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available within 24 hours of the event.

About RFMD: RF Micro Devices, Inc. (Nasdaq: RFMD) is a global leader in the design and manufacture of high-performance semiconductor components. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), CATV/broadband and aerospace and defense markets. RFMD is recognized for its diverse portfolio of semiconductor technologies and RF systems expertise and is a preferred supplier to the world's leading mobile device, customer premises and communications equipment providers.

Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001-certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at www.rfmd.com.

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including variability in quarterly operating results, the rate of growth and development of wireless markets, risks associated with our planned exit from our wireless systems business, including cellular transceivers and GPS solutions, the risk that restructuring charges may be greater than originally anticipated and that the cost savings and other benefits from the restructuring may not be achieved, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to complete acquisitions and integrate acquired companies, including the risk that we may not realize expected synergies from our business combinations, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, our ability to reduce costs and improve gross margins by implementing innovative technologies, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.

RF MICRO DEVICES® and RFMD® are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.

SOURCE RF Micro Devices, Inc.

http://www.rfmd.com