Financial Releases

TriQuint Reports Inducement Equity Grants Under Nasdaq Marketplace Rule 5635

HILLSBORO, OR (USA) – May 4, 2009 – TriQuint Semiconductor, Inc (NASDAQ: TQNT), a supplier of high performance products for wireless communications, announced today that on April 26, 2009, the Compensation Committee of its Board of Directors approved stock option awards for an aggregate of 87,688 shares of TriQuint’s common stock to three new hires under the Company's 2008 Inducement Award Program.  The stock option grants were effective May 1, 2009.  The options will vest 25% on September 1, 2010 with the remaining 75% vesting quarterly over the next three years, and have an exercise price of $3.83, which was the closing price of TriQuint’s common stock on May 1, 2009.  The option grants expire on May 1, 2019.

TriQuint’s Compensation Committee, which is solely comprised of independent directors, approved the grant of the stock options in accordance with NASDAQ Marketplace Rule 5635(c)(4).

FACTS ABOUT TRIQUINT

Founded in 1985, we “Connect the Digital World to the Global Network”™ by supplying high-performance RF modules, components and foundry services to the world's leading communications companies. Specifically, TriQuint supplies products to four out of the top five mobile phone manufacturers, and is a leading gallium arsenide (GaAs) supplier to major defense and space contractors. TriQuint creates standard and custom products using advanced processes that include gallium arsenide, surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies to serve diverse markets including wireless handsets, laptops, GPS/PND,  base stations, broadband communications and military. TriQuint is also the lead researcher in a multi-year DARPA program to develop advanced gallium nitride (GaN) amplifiers. TriQuint, as named by Strategy Analytics1, is the number-three worldwide leader in GaAs devices and the world’s largest commercial GaAs foundry. TriQuint has ISO9001 certified manufacturing facilities in Oregon, Texas, and Florida and a production plant in Costa Rica; design centers are located in North America and Germany. Visit TriQuint at www.triquint.com/rf to receive new product information and to register for our newsletters.
1 Announced February 2009 and August 2008, respectively.

Steve Buhaly
VP of Finance & Administration, CFO
TriQuint Semiconductor, Inc
Tel: +1.503.615.9401
E-mail: sbuhaly@tqs.com

Media Contact:
Brandi Frye
Director, Marketing Comms
TriQuint Semiconductor, Inc.
Tel: +1.503.615.9488
E-mail:bfrye@tqs.com