Peregrine Semiconductor Congratulates Murata on Delivering 70 Years of Innovation in Electronics

SAN DIEGO – Nov. 6, 2014 – Peregrine Semiconductor Corp. (NASDAQ: PSMI), founder of RF SOI (silicon on insulator) and pioneer of advanced RF solutions, presents Murata Manufacturing Co., Ltd., (TSE/OSE 6981) with a custom-made, commemorative plaque congratulating the company on achieving 70 years of innovation in the electronics industry. At a special anniversary ceremony held in Kyoto, Japan, Peregrine Semiconductor’s CEO Jim Cable gives the plaque to Yoshitaka Fujita Murata’s Executive Deputy President and Member of the Murata Board of Directors.  In August, Peregrine Semiconductor announced the intent to be acquired by Murata Electronics North America, Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd.  The two companies have been working together for over 10 years, and Peregrine has witnessed Murata’s impact on the electronics market with its novel innovations.

Peregrine's CEO Jim Cable (left) presents Yoshitaka Fujita Murata's Executive Deputy President and Member of the Board of Directors with a commemorative plaque congratulating Peregrine's pending parent company on 70 years of electronics innovation.
“Peregrine congratulates Murata on reaching the incredible milestone of delivering electronics innovation for 70 years,” says Jim Cable, Peregrine Semiconductor’s CEO. “With Peregrine’s pending acquisition by Murata, we are honored to add our 25 years of pioneering RF SOI solutions to Murata’s rich heritage of delivering inventive, best-in-class electronics components.”

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.

ABOUT MURATA
Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. With annual revenues of ¥846 billion (~8.4B USD), Murata is committed to the development of advanced electronic materials and leading-edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata’s website at http://www.murata.com.

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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.