Agere Systems Receives Coveted 'Best Partner' Award on Samsung Partners' Day for Fourth Consecutive Year

SEOUL, Korea, March 5 /PRNewswire-FirstCall/ -- Agere Systems today announced it has been named the recipient of the 2006 "Best Partner" Award by Samsung Electronics Co., Ltd., for the fourth consecutive year. The award, presented during Samsung's recent Partners' Day, is one of the most prestigious and coveted honors given to Samsung's business partners.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040618/AGERELOGO )

Samsung Electronics, which shipped a total of 118 million handsets in 2006, solidifying its position as the number three vendor in the world,* chose its best suppliers based on a range of criteria such as innovation, cost effectiveness, product quality and delivery, and customer support.

"Agere has consistently distinguished itself by providing outstanding feature-rich chip solutions and the system-level expertise required to bring the best possible solutions to the mobile phone market," said Jong-Yong Yun, Vice Chairman and CEO of Samsung Electronics. "Agere consistently demonstrated a clear commitment and dedication to helping Samsung build on our success as a global leader in mobile phone quality and innovation."

"Agere is extremely proud to receive this award from Samsung Electronics for the fourth consecutive year," said Richard Clemmer, President and CEO of Agere Systems. "Our mobile phone solutions deliver the flexibility and scalability that meet Samsung's needs as they quickly introduce cost-effective multimedia mobile phones for multiple market segments. We look forward to working with Samsung as a strategic provider focused on creating the best value to the mobile phone market."

Agere Systems has been a major provider of GPRS and EDGE solutions to Samsung for several years.

About Agere Systems

Agere Systems is a global leader in semiconductors and software solutions for storage, mobility and networking markets. The company's products enable a broad range of services and capabilities, from cell phones, PCs and hard disk drives to the world's most sophisticated wireless and wireline networks. Agere's customers include top manufacturers of consumer electronics and communications and computing equipment. Agere works to transform the performance of networks and consumer electronics by integrating systems knowledge and leading technology that enable people to stay connected -- perfecting the connected lifestyle. For more information, visit the company's web site at http://www.agere.com/

*Source: IDC WW Quarterly Mobile Phone Tracker, February 2006

Agere, Agere Systems, and the Agere Systems logo are registered trademarks of Agere Systems Inc.

This release contains forward-looking statements based on information currently available to Agere. Agere's actual results could differ materially from the results stated or implied by those forward-looking statements due to a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, expenses related to and uncertainty resulting from our proposed merger with a subsidiary of LSI Logic Corporation, our reliance on major customers and suppliers, our ability to keep pace with technological change, our dependence on new product development, price and product competition, availability of manufacturing capacity, customer demand for our products and services, and general industry and market conditions. For a further discussion of these and other risks and uncertainties, see our annual report on Form 10-K for the fiscal year ended September 30, 2006, and our quarterly report on Form 10-Q for the quarter ended December 31, 2006. Agere disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.