Wednesday, October 25, 2006
Sirenza gets Fastest Growing Honor
October 25, 2006
Sirenza has been named one of the fastest growing technology companies. Sirenza has contracts with Sirius Satellite Radio. Sirenza trades under the symbol SMDI.
Sirenza Microdevices Named One of the Fastest Growing Technology
Companies in Deloitte’s Colorado Technology Fast 50 Program
BROOMFIELD, Colo.--(BUSINESS WIRE)--
Sirenza Microdevices, Inc. (NASDAQ: SMDI) has been named to Deloitte's prestigious Technology Fast 50 Program for Colorado, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Colorado by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001–2005.
Robert Van Buskirk, president and chief executive officer of Sirenza Microdevices, stated, “Being named as one of the fastest growing technology companies in Deloitte’s Colorado Technology Fast 50 Program for the third consecutive year is a strong endorsement for Sirenza and for the collective talent and energy of our employee base and management team.” Van Buskirk added, “As we move into 2007 and continue to execute on our business, we hope to be able to repeat as a Deloitte Technology Fast 50 winner next year.”
“Sustaining high revenue growth over five years is an exceptional accomplishment. We commend Sirenza Microdevices for making the commitment to technology and delivering on the promise of market longevity,” said Kurt J. Randall, Colorado Technology, Media and Telecommunications Leader, Deloitte Tax LLP. “We are proud to honor Sirenza Microdevices as a Deloitte Technology Fast 50 winner.”
Sirenza's increase in revenues of 224 percent from 2001 to 2005 resulted in a 14th place ranking in the Technology Fast 50 for Colorado.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in Colorado, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit
www.fast500.com.
Sirenza Microdevices, Inc.
Sirenza Microdevices is a supplier of radio frequency (RF) components. Headquartered in Broomfield, Colorado, with operations in China, Germany and the U.S., Sirenza Microdevices and its subsidiary Premier Devices design and develop RF components for the commercial communications, consumer, and aerospace and defense (A&D) equipment markets. Sirenza's integrated circuit (IC), multi-chip module (MCM) and passive product lines include amplifiers, power amplifiers, cable TV amplifiers, circulators, isolators, mixers, splitters, transformers, couplers, modulators, demodulators, transceivers, tuners, discrete devices, signal source components, government and military specified components, and antennae and receivers for satellite radio. Certifications include ISO 9001:2000 Quality Management System and ISO 14001:2004 Environmental Management System (registered by QMI). Detailed product information may be found on Sirenza's website at
http://www.sirenza.com/ and at
www.premierdevices.com.
NOTE: Sirenza Microdevices® and the Sirenza logo are trademarks of Sirenza Microdevices, Inc. All other trademarks are property of their respective owners.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
Safe Harbor For Forward-Looking Statements
This news release contains forward-looking statements regarding future events or results, including any statements regarding Sirenza’s hopes or expectations for continuing to execute on its core business or for repeating as a Deloitte Technology Fast 50 winner next year. Sirenza cautions readers that such statements are, in fact, predictions that are subject to risks and uncertainties, and that actual events or results may differ materially. Factors that could cause actual events or results to differ materially include, but are not limited to, lower than expected revenue in future periods, whether due to competitive pressures, failure to meet customer requirements, RF component industry trends or otherwise. Other factors that could cause actual events or results to differ materially from those in the forward-looking statements are included in Sirenza's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission in August 2006, and Sirenza's Registration Statement on Form S-4 filed with the Securities and Exchange Commission in September 2006, as amended. Sirenza expressly disclaims any obligation to update its forward-looking statements at any time or for any reason.
Additional Information and Where to Find It
This press release is not a proxy statement or a prospectus for Sirenza’s proposed acquisition of Micro Linear Corporation. Sirenza has filed a registration statement on Form S-4 (Registration No. 333-137086) in connection with Sirenza's proposed acquisition of Micro Linear, which includes Micro Linear's proxy statement and Sirenza's prospectus for the proposed transaction. Investors are urged to read the proxy statement/prospectus, which contains important information about the proposed transaction. The proxy statement/prospectus and other documents which are filed by Sirenza or Micro Linear with the Securities and Exchange Commission (the "SEC") are available free of charge at the SEC's website,
http://www.sec.gov/, or by directing a request when such a filing is made by Sirenza to Sirenza Microdevices, Inc., 303 S. Technology Court, Broomfield, CO 80021, Attention: Investor Relations or by directing a request when such a filing is made by Micro Linear to Micro Linear Corporation, 2050 Concourse Drive, San Jose, CA 95131, Attention: Investor Relations.
Micro Linear, its directors and certain of its executive officers, as well as Sirenza, its directors and certain of its executive officers, may be considered participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Micro Linear and their respective interests in the proposed transaction is set forth in the proxy statement/prospectus that Sirenza and Micro Linear have filed with the SEC in connection with the proposed transaction. Investors may obtain additional information regarding the interests of such participants by reading the proxy statement/prospectus.
Contacts
Sirenza Microdevices, Inc.Jodi Bochert, 303-327-3193
ir@sirenza.com10/25/2006 12:14:00 PM
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