Peregrine Semiconductor Adds Sales Channel Partners In EMEA And The Asia Pacific

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.

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