Microsemi Wins "Outstanding Components Vendor" Award from Light Reading

ALISO VIEJO, Calif., May 23, 2018 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it won Light Reading's 2018 Leading Lights Award in the "Outstanding Components Vendor" category. Now in its 14^th year, Leading Lights is one of the communications industry's leading awards programs, recognizing top companies and executives for their outstanding achievements in next-generation communications technology, applications, services, strategies and innovations.

"Microsemi is honored to be recognized by Light Reading editors and the analyst team from Heavy Reading as the outstanding components vendor for 2018," said Babak Samimi, vice president and business unit manager at Microsemi. "As finalists of last year's award, we are excited to win the prestigious recognition this year, as it demonstrates our team's ongoing achievements and validates our commitment to the industry and our customers."

Microsemi received the top honor for its unique innovation, industry-leading product portfolio, performance and ability to set industry trends. The judges highlighted the newest member of Microsemi's award-winning DIGI OTN processors franchise, the DIGI-G5, which supports new 5G optimized architecture enabling the stringent synchronization, latency and network slicing requirements being placed on optical networks to support 5G deployments.

"Microsemi is an outstanding innovator in a competitive semiconductor market, and we were pleased to recognize its leadership in developing next-generation technology for the communications market," said Ray Le Maistre, Light Reading's editor-in-chief. "Our editors evaluated hundreds of high quality submissions and selected Microsemi based on its exceptional performance and unique product innovation, which stood out amongst competing companies."

Light Reading recognized Microsemi and other winners on May 14 during an awards dinner in Austin, Texas. A complete listing of the winners can be found at https://www.lightreading.com/automation/leading-lights-2018-the-winners/d/d-id/743054.

About Light Reading
Light Reading (https://www.lightreading.com) is a digital media and research business providing news, analysis, events, consulting and marketing solutions for the communications industry. The company combines its research-led online communities and targeted events portfolio to help those in the global communications industry make informed decisions. It is the ultimate source of telecom analysis for over 500,000 subscribers each month and leads the media sector in terms of traffic, content and reputation. Light Reading produces over 15 events and conferences/workshops each year including its flagship event, the 'Big Communication Event', the annual meeting place for the global telecommunications industry. For more information contact marketing@lightreading.com or visit www.lightreading.com.

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; enterprise storage and communication solutions, security technologies and scalable anti-tamper products; Ethernet solutions; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 4,800 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 Microsemi winning Light Reading's 2018 Leading Lights Award for the industry's "Outstanding Components Vendor," 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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SOURCE Microsemi Corporation