Microsemi Strengthens Leadership in Defense and Security with Category 1A Trusted Supplier Accreditation From DMEA

ALISO VIEJO, Calif., Feb. 18, 2015 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it has received the Category 1A Trusted Design, Test and Broker accreditation from the Defense Microelectronics Activity (DMEA). The completion of the Category 1A Trusted accreditation is a major milestone for Microsemi, and is part of its ongoing strategy to become one of a few companies to deliver Trusted Integrated Circuit (IC) solutions that can be leveraged in today's critical applications requiring assurance of silicon design and manufacturing as outlined in DOD policy (DODI 5200.44). DODI 5200.44 further defines the protection of mission critical components within applicable systems by requiring all custom integrated circuit-related products be procured from a trusted supplier.

DMEA serves as a technology partner to the U.S. government program managers and engineering liaison to all sectors of defense contractors to provide and support the most effective microelectronics technologies available through the commercial sector. DMEA works with commercial industry organizations such as Microsemi to uniquely provide an economical and logistically efficient resource to deliver trusted microelectronic technology insertion to fielded systems.

"This accreditation further solidifies Microsemi's position as one of a few companies committed to providing the defense and security markets with trusted products," said Amr El-Ashmawi, vice president, corporate marketing, Microsemi. "With concerns about supply chain assurance and the need to expand the trusted USG offerings, Microsemi is well positioned as a company to further expand the access to trusted solutions."

With most FPGAs manufactured offshore, customers now have a trusted supplier with the broadest portfolio of semiconductor IP including one which carries through to the development of ASICs and FPGAs with a Category 1A trusted flow that augments the Microsemi trusted packaging accreditation in Microsemi's Phoenix, Arizona location. Microsemi's U.S.-based design team can now take on a wide range of new "Trusted & ITAR" projects for various government and communications infrastructure programs. 

According to Deletek, for fiscal year 2015, there is a $59.6 billion increase in "top 20 contract opportunities" versus fiscal year 2014. Additionally, there is a requirement for increased bandwidth performance due to the performance complexities and integration standards for communication infrastructure—thus driving the need for high density ASICs totaling $10 billion in procurement by 2018. Based on publically available reports, published data and Microsemi estimates, the company believes the total market for ITAR and trusted ICs developed for defense applications to be approximately $150 million.

About DMEA
DMEA is the program manager for the DoD Trusted Foundry program. The program provides a cost-effective means to assure the integrity and confidentiality of integrated circuits during design and manufacturing while providing the U.S. government with access to leading-edge microelectronics technologies for both trusted and non-sensitive applications. For more information, visit http://www.dmea.osd.mil/home.html.

About Microsemi
Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,400 employees globally. Learn more at www.microsemi.com.

Microsemi and the Microsemi logo are registered trademarks or service marks of Microsemi Corporation and/or its affiliates. Third-party trademarks and service marks mentioned herein are the property of their respective owners.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to receiving the Category 1A Trusted ASIC Design, Test and Broker accreditation by the Defense Microelectronics Activity, and its potential effects on future business, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

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