Semtech Named to List of Fastest Growing Companies By Pacific Coast Business Times

Semtech Named to List of Fastest Growing Companies By Pacific Coast Business Times

Semtech Corp. (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today announced it has been named one of the Fastest Growing Companies on California’s Central Coast in an annual listing compiled by the Pacific Coast Business Times newspaper.

According to the publication, the award recognizes companies in the tri-county area that demonstrate an ability to rapidly reach a sustainable level of revenues while also maintaining fast growth.

The newspaper measured revenue growth from 2008 to 2010, a period in which Semtech’s revenues grew 54.2% from $294.8 million to $454.5 million. In an accompanying feature story on Semtech, the newspaper’s editors attribute the success to the company’s long-term market strategy.

“Semtech continues to be one of the fastest growing diversified analog companies in the industry. Our extraordinary success in such areas as product innovation and overall financial performance are a result of the hard work by all Semtech employees globally. In addition, our personal commitment to our partners and our communities are critical components to the company’s future growth,” said Mohan Maheswaran, Semtech chief executive officer. “I attribute the company’s success to excellent execution by the entire Semtech team and to our focus on long term secular trends. These trends include Increasing Systems Bandwidth, Greener and more Efficient electronics and the Miniaturization of Electronics Systems.”

About Semtech

Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit http://www.semtech.com.

Semtech and the Semtech logo are registered marks of Semtech Corporation.

Semtech Corporation
Pauline Cadena, 805-389-2755
pcadena@semtech.com