Financial Releases

RFMD(R) to Extend Leadership in RF Switches Through Expanded Portfolio of Standard RF Components

RFMD(R) to Extend Leadership in RF Switches Through Expanded Portfolio of Standard RF Components

RFMD's Multi-Market Products Group to Deliver Family of High-Performance RF Switches

NEW YORK, Nov. 15 /PRNewswire-FirstCall/ -- RF Micro Devices, (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance radio frequency systems and solutions, announced at its analyst day today that its newly formed Multi-Market Products Group (MPG) will add a wide range of RF switch products to its industry-leading Standard RF Components product portfolio. The expanded product offerings will leverage RFMD's increasing internal pHEMT manufacturing capabilities and extend RFMD's leadership position in pHEMT switches, driven by RFMD's Cellular Products Group (CPG).

"The Multi-Market Products Group is bringing to market a broad range of high-performance, multi-purpose discrete RF switches that will build upon RFMD's core manufacturing competences as well as our Cellular Products Group's proven success in pHEMT switches," stated Norm Hilgendorf, general manager of RFMD's Standard RF Components business unit. "We plan to introduce more than twenty new switch products that will feature high power, high linearity, high isolation and low insertion loss performance."

Greg Thompson, vice president of sales for MPG, said, "RFMD ships greater than one million pHEMT switches per day with our highly integrated transmit modules for cellular handsets. Our molecular beam epitaxy (MBE)-based gallium arsenide (GaAs) pHEMT switches demonstrate very high reliability and excellent electrostatic discharge (ESD) performance. The new portfolio of switches to be introduced by our Multi-Market Products Group will demonstrate some of the strategic benefits created by the combination of RFMD and Sirenza Microdevices."

About RFMD: RF Micro Devices (Nasdaq: RFMD) is a global leader in the design and manufacture of high-performance radio frequency systems and solutions for applications that drive wireless and broadband communications. RFMD's cellular front ends, cellular transceivers, RF components and system- on-chip (SoC) solutions enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, cellular base station, wireless local area network (WLAN), CATV networking, aerospace, defense, and global positioning systems (GPS) markets. Recognized for its diverse portfolio of state-of-the-art semiconductor technologies and vast RF systems expertise, RFMD is a preferred supplier to the world's leading mobile device and RF equipment manufacturers.

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

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 the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, 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 -0-
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