SMSC Hosts Press Conference to Mark 25th Anniversary of Presence in Taiwan.

Outlines Mission in Asia Targeting Computing, Consumer and Automotive Markets

HAUPPAUGE, N.Y. -- SMSC (NASDAQ: SMSC), a leading semiconductor company providing innovative connectivity solutions spanning analog, digital and mixed-signal technologies, is hosting a press conference in Taipei, Taiwan on March 24, 2009 to celebrate its 25th year of doing business in Taiwan. Christine King, President & CEO, will host the event and outline the Company's mission to continue to build a leading presence in serving PC, consumer and automotive customers in Asia. Joining Ms. King will be Dr. Kenneth Kin, the newest addition to SMSC's Board of Directors and former Senior Vice President of Taiwan Semiconductor Manufacturing Company, Ltd. (TSMC), where he was responsible for Global Sales, Services and Marketing. Dr. Kin was elected to SMSC's Board of Directors effective January 19, 2009.

"SMSC first established its presence in Taiwan 25 years ago, recognizing that this region would play an important role in developing high technology consumer and computing applications for use in homes and offices all over the world," said Christine King. "We have made a commitment to develop close relationships with our customers and suppliers in Taiwan and China. This has helped shape SMSC's success as a leading contributor to the semiconductor industry, whether in serving mobile handsets, computing or digital TVs. Additionally, building on our contributions in serving many of the leading automotive manufacturers in Europe, we are seeking to expand our technology in Asian automobile markets."

"SMSC has worked hand-in-hand with semiconductor partners in Asia for years to establish business partnerships as design decision-making and supply chain dynamics centered in Asia became more important," said Dr. Kin. "The selection of an Asian business counterpart to the Board of Directors speaks clearly to SMSC's focus on building relationships in the region. In my short tenure on SMSC's Board, I have found that the Company possesses a great deal of industry expertise and initiative and believe it is well positioned to expand its footprint in Asia."

During the press event, Ms. King will convey the value behind SMSC's vision, Smart Mixed-Signal Connectivity, and its mission to design market-differentiating solutions that enable its customers to be successful while generating attractive returns for SMSC shareholders and employees. Ms. King will also speak about her objectives to sustain the Company despite the very challenging market environment. Taiwan and the Asia region are important components to SMSC's strategy and to its market position and future growth.

About SMSC:

Many of the world's most successful global technology companies rely upon SMSC as a go-to resource for semiconductor system solutions that span analog, digital and mixed-signal technologies. Leveraging substantial intellectual property, integration expertise and a comprehensive global infrastructure, SMSC solves design challenges and delivers performance, space, cost and time-to-market advantages to its customers. SMSC's application focus targets key vertical markets including consumer electronics, automotive infotainment, PC and industrial applications. The Company has developed leadership positions in its select markets by providing application specific solutions such as mixed-signal embedded controllers, non-PCI Ethernet, ARCNET, MOST([R])and Hi-Speed USB.

SMSC is headquartered in Hauppauge, New York with operations in North America, Asia and Europe. Engineering design centers are located in Arizona, New York, Texas and Karlsruhe, Germany. Additional information is available at www.smsc.com.

Forward Looking Statements:

Except for historical information contained herein, the matters discussed in this announcement are forward-looking statements about expected future events and financial and operating results that involve risks and uncertainties. These uncertainties may cause our actual future results to be materially different from those discussed in forward-looking statements. Our risks and uncertainties include the timely development and market acceptance of new products; the impact of competitive products and pricing; our ability to procure capacity from our suppliers and the timely performance of their obligations, commodity prices, potential investment losses as a result of liquidity conditions, the effects of changing economic and political conditions in the market domestically and internationally and on our customers; our relationships with and dependence on customers and growth rates in the personal computer, consumer electronics and embedded and automotive markets and within our sales channel; changes in customer order patterns, including order cancellations or reduced bookings; the effects of tariff, import and currency regulation; potential or actual litigation; and excess or obsolete inventory and variations in inventory valuation, among others. In addition, SMSC competes in the semiconductor industry, which has historically been characterized by intense competition, rapid technological change, cyclical market patterns, price erosion and periods of mismatched supply and demand.

Our forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact of any future acquisitions, mergers or divestitures. All forward-looking statements speak only as of the date hereof and are based upon the information available to SMSC at this time. Such statements are subject to change, and the Company does not undertake to update such statements, except to the extent required under applicable law and regulation. These and other risks and uncertainties, including potential liability resulting from pending or future litigation, are detailed from time to time in the Company's reports filed with the SEC. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Other Factors That May Affect Future Operating Results" or "Risk Factors" for a more complete discussion of these and other risks and uncertainties.

SMSC and MOST are registered trademarks of Standard Microsystems Corporation.