IRVINE, Calif., Sept. 27, 2010 (GLOBE NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog-mixed signal integrated circuits, high reliability semiconductors and RF subsystems, has announced its major sponsorship of the CleanTech OC 2010 Conference & Expo, taking place today in Irvine. Microsemi's participation demonstrates the company's position as one of the world's most advanced players in the race for clean, sustainable energy solutions.
Clean energy is widely considered to be one of the strongest growth engines for the U.S. economy -- especially in Orange County, where technology innovators like Microsemi have already captured the industry's attention. The company develops component and module solutions for multiple clean technology markets, from the harnessing of solar and wind power to technology for electric vehicles. Microsemi recently won a 2010 SOLAR Award for an advanced, chip-level solar power optimizing solution, just one of many Microsemi technologies that will help to make green energy easy, affordable and ubiquitous.
"Microsemi's sponsorship and participation in CleanTech OC demonstrates not only our vision of a powerful, worldwide, sustainable energy ecosystem, but our commitment to driving productivity and job growth right here in Orange County," said James J. Peterson, President and CEO of Microsemi. "We are excited to take part in what is sure to be a very dynamic exchange of ideas and strategies among companies, academics and lawmakers alike."
CleanTech OC aims to promote economic growth in the Orange County clean technology industry. The conference will provide a forum for the exchange of ideas, information, and business opportunities among clean technology companies, government entities and academia, including facilitating investment, joint business ventures, and other collaborations.
"Microsemi is hard at work eliminating the technological barriers that stand between the present day and the future of alternative power," said Russ Garcia, Executive Vice President of Marketing and Sales of Microsemi. "Our patented CoolRUN™ solution, for example, brings advanced semiconductor technology to the solar industry enabling cost-effective mass adoption. This is the kind of breakthrough that offers good economic tidings for us and the industry at large."
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Microsemi Corporation, with corporate headquarters in Irvine, California, is a leading designer, manufacturer and marketer of high performance analog and mixed-signal integrated circuits, high reliability semiconductors and RF subsystems. The company's semiconductors manage and control or regulate power, protect against transient voltage spikes and transmit, receive and amplify signals.
Microsemi's products include individual components as well as integrated circuit solutions that enhance customer designs by improving performance and reliability, battery optimization, reducing size or protecting circuits. The principal markets the company serves include implanted medical, defense/aerospace and satellite, notebook computers, monitors and LCD TVs, automotive and mobile connectivity applications. More information may be obtained by contacting the company directly or by visiting its website at .
The Microsemi Corporation logo is available at
"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 their major sponsorship of the CleanTech OC 2010 Conference & Expo, further enhances the company's position as an advanced player in the race for clean, sustainable energy solutions, 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.
CONTACT: Microsemi Corporation Financial Contact: John Hohener, Executive Vice President and CFO Editorial Contact: Cliff Silver, Corporate Communications Manager (949) 221-7100