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

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

       Peregrine Appoints Six New Channel Partners to Drive UltraCMOS®
                     High-Performance Analog Design Wins

IMS2014

Business Wire

TAMPA, Fla. -- June 2, 2014

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.

Contact:

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