RFMD(R) Celebrates 20 Years Of Product And Technology Leadership

GREENSBORO, N.C., Feb. 28, 2011 (GLOBE NEWSWIRE) -- RF Micro Devices, Inc. (Nasdaq:RFMD), a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies, today announced it is proudly celebrating its 20th anniversary with commemorative events planned at Company locations throughout the year. RF Micro Devices was incorporated on February 27, 1991, and held its initial public offering on June 3, 1997.

From its earliest days, RFMD has been an innovator in the semiconductor industry. RFMD was a pioneer in the commercialization of RF components using gallium arsenide (GaAs) compound semiconductor technology, and today RFMD is the world's leading manufacturer of GaAs technology. In the 1990's RFMD was a primary contributor to the rapid growth in the cellular handset market, and in 2000 RFMD was identified by Fortune magazine as the second-fastest growing company in America. In 2004, RFMD became the first semiconductor company to ship one billion cellular power amplifiers, and today RFMD routinely ships greater than three million RF components per day.

Since RFMD's founding, the Company's commitment to product and technology leadership has enabled it to deliver innovative, breakthrough products that have reshaped their respective product categories. These have included RFMD's PowerStar® power amplifiers, RFMD's silicon-based cellular switch technology, RFMD's PowerSmart™ power platforms, and RFMD's high-power GaN technology. In 2010, RFMD unveiled a revolutionary new RF Configurable Power Core at the center of its PowerSmart family of power platforms, and, on February 14, 2011, RFMD unveiled a family of cellular power amplifiers delivering industry-leading peak efficiency.

Bob Bruggeworth, president and CEO of RFMD, commented, "RFMD has a proven history as a product and technology leader. While we're proud of our achievements since our founding, we believe we're just beginning to see the many ways in which our products and technologies can positively impact the experience of individuals, companies and markets. The RFMD team is comprised of outstanding individuals with a shared commitment to product and technology leadership, and we are very optimistic about our opportunities for revenue growth and strong operating results."