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Peregrine Semiconductor Adds Sales Channel Partners in EMEA and the Asia Pacific

Companies mentioned in this article: Peregrine Semiconductor

TAMPA, Fla. -- (BUSINESS WIRE) -- PEREGRINE SEMICONDUCTOR WORLDWIDE SALES CONFERENCE – Peregrine Semiconductor Corp. (NASDAQ: PSMI), founder of RF SOI (silicon on insulator) and pioneer of advanced RF solutions, announces the addition of six new sales channel partners in the EMEA and Asia Pacific regions. The channel partners have been appointed to drive design wins for UltraCMOS high-performance analog (HPA) products in these important markets. To serve EMEA, Peregrine has appointed Interlligent, Link Microtek and Vostock. In the Asia Pacific region, Peregrine has appointed Asiacom, Tecnomic and Acromax.

“EMEA and the Asia Pacific are regions where Peregrine sees a tremendous growth opportunity for our UltraCMOS HPA products,” says Carl Burrow, Peregrine’s vice president of sales and marketing. “In connection with our annual worldwide sales conference, we are pleased to announce the addition of Interlligent, Link Microtek, Vostock, Asiacom, Tecnomic and Acromax to our EMEA and Asia Pacific sales channels. These sales partners have advanced RF knowledge and expertise, especially as it relates to applications for our HPA products.”

Peregrine’s HPA products include RF switches, tuners, digital step attenuators, power limiters and mixers. Built on UltraCMOS technology, these products offer advanced performance, flexibility, reliability and ease of use. UltraCMOS HPA products are used in a wide range of applications including automotive, military and defense, test-and-measurement equipment and wireless infrastructure.

The Peregrine Semiconductor Worldwide Sales Conference brings together international sales representatives and distributors for educational sessions on Peregrine’s UltraCMOS technology and integrated RF solutions. This year’s 2-day conference in Tampa, Florida, drew 120 attendees and took place before the International Microwave Symposium (IMS) exhibition. Peregrine will be exhibiting at IMS Booth #515 from June 3-5, 2014.

USE OF FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements regarding our management's future expectations, beliefs, intentions, goals, strategies, plans and prospects. Such statements constitute "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any of these risks or uncertainties materialize, or if any of the assumptions prove incorrect, our actual results, performance or achievements could be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, but are not limited to, our dependence on a limited number of customers for a substantial portion of our revenues; intellectual property risks; intense competition in our industry; our ability to develop and introduce new and enhanced products on a timely basis and achieve market acceptance of those products; consumer acceptance of our customers’ products that incorporate our solutions; our lack of long-term supply contracts and dependence on limited sources of supply; and potential decreases in average selling prices for our products.

For further information regarding risks and uncertainties associated with Peregrine's business, please refer to the filings that we make with the Securities and Exchange Commission from time to time, including those set forth in the section entitled “Risk Factors” in our Form 10-K for the year ended December 28, 2013, which should be read in conjunction with these financial results. These documents are available on the SEC Filings section of the Investor Relations section of our website at http://investors.psemi.com/. Please also note that forward-looking statements represent our management’s beliefs and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information, becomes available in the future.

ABOUT PEREGRINE SEMICONDUCTOR

Peregrine Semiconductor (NASDAQ: PSMI), founder of RF SOI (silicon on insulator), is a leading fabless provider of high-performance, integrated RF solutions. Since 1988 Peregrine and its founding team have been perfecting UltraCMOS® technology – a patented, advanced form of SOI – to deliver the performance edge needed to solve the RF market’s biggest challenges, such as linearity. With products that deliver best-in-class performance and monolithic integration, Peregrine is the trusted choice for market leaders in automotive, broadband, industrial, Internet of Things, military, mobile devices, smartphones, space, test-and-measurement equipment and wireless infrastructure. Peregrine holds more than 180 filed and pending patents and has shipped more than 2 billion UltraCMOS units. For more information, visit http://www.psemi.com.

The Peregrine Semiconductor name, logo, and UltraCMOS are registered trademarks of Peregrine Semiconductor Corporation in the U.S.A., and other countries. All other trademarks mentioned herein are the property of their respective owners.


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Contact:

Peregrine Semiconductor
Elizabeth Brown, 619-993-4648
pr@psemi.com