Microchip Ranked in Top 10 for Conflict Minerals Compliance and Best Practices, Out of 1,267 Publicly Traded Companies

Nov 18, 2015, 08:03 ET from Microchip Technology Inc.

CHANDLER, Ariz., Nov. 18, 2015 /PRNewswire/ -- Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that it was ranked 8th, out of the 1,267 publicly traded companies that filed a Conflict Mineral Disclosure (CMD) with the SEC for reporting year 2014.  This prestigious ranking was part of the Dodd-Frank Section 1502 – RY2014 Filing Evaluation, which was written by a team from Tulane University and sponsored by Assent Compliance, a New York consulting firm.  Rankings were based on assessed compliance with the U.S. SEC conflict minerals reporting rule, as well as a "good practice" metric.  The independent study was led by Dr. Chris N. Bayer, Ph.D., and a team of researchers from Tulane University that was supported by an advisory panel of industry experts from the IPC, Elm Sustainability Partners, Schulte, Roth & Zabel, KPMG, and Assent Compliance.

To view the study's Top 100 Rankings, visit:  http://www.microchip.com/Ranking-111815a

"I want to congratulate our entire conflict minerals compliance team, and all of our divisions, who work closely together on our efforts to support Microchip's more than 90,000 customers around the world," said Steve Sanghi, Microchip president and CEO.  "This is a wonderful achievement and testament to the great teamwork and culture of ethical leadership that is core to Microchip's business practices.  You have earned this prestigious honor, which speaks to the strong values we have built together at Microchip."

Microchip's Form SD for Conflict Minerals and attached Conflict Minerals Report, along with other conflict minerals program information, are available online at:  http://www.microchip.com/Conflict-Minerals-111815a


About Microchip Technology Microchip Technology Inc. (NASDAQ:   MCHP) is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide.  Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality.  For more information, visit the Microchip website at http://www.microchip.com/Homepage-111815a.

Note:  The Microchip name and logo is a registered trademark of Microchip Technology Incorporated in the U.S.A. and other countries.  All other trademarks mentioned herein are the property of their respective companies.

Tags / Keywords:  Conflict Minerals, SEC Reporting and Compliance

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SOURCE Microchip Technology Inc.