Stanford Microdevices Announces Foundry Agreement With RF Micro Devices.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--June 8, 2001 Stanford Microdevices (Nasdaq:SMDI SMDI Simplified Message Desk Interface (telephone network service, customer interface specification) SMDI Station Message Desk Interface SMDI SCSI Musical Data Interchange SMDI Storage Module Disk Interconnect ) today announced a foundry agreement with RF Micro Devices RF Micro Devices (NASDAQ: RFMD) is a manufacturer of integrated circuits, founded in Greensboro, NC, in 1991 by William J. Pratt, Powell T. Seymour and Jerry D. Neal.[1]. (Nasdaq:RFMD RFMD RF Micro Devices (NASDAQ) RFMD Rotary Fluid Management Device ) whereby SMDI's radio-frequency integrated circuits (RFICs) will be manufactured in RF Micro Devices' 4-inch gallium-arsenide (GaAs) heterojunction bipolar transistor The heterojunction bipolar transistor (HBT) is an improvement of the bipolar junction transistor (BJT) that can handle signals of very high frequencies up to several hundred GHz. It is common in modern ultrafast circuits, mostly radio-frequency (RF) systems. (HBT HBT Heterojunction Bipolar Transistor HBT HyCult Biotechnology (Uden, The Netherlands) HBT Hanbury-Brown-Twiss (interferometer) HBT Herring Bone Twill HBT Heflex Bioengineering Test ) fabrication facility, located in Greensboro, N.C. As a premier supplier and manufacturer of RFICs, RF Micro Devices has pioneered the development of a number of advanced process technologies, including GaAs HBT process, which is the foundation of Stanford Microdevices' high-linearity, high-power SPA, SXA SXA Single Energy X-Ray Absorptiometry (bone density measure of wrist or heel) and SXT SXT Soft X-Ray Telescope SXT Sensient Technologies Corp (stock symbol) SXT Sulfamethoxazole-Trimethoprim SXT Solar X-Ray Telescope (Launched in 1991 as a part of the Japanese Yokoh satellite) power amplifier products. "We are very enthusiastic about this relationship," said Bob Van Buskirk, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Stanford Microdevices. "It enables us to take advantage of RFMD's proven high-volume, low-cost HBT wafer-manufacturing capabilities while maintaining Stanford Microdevices' proprietary design expertise in high-performance RF components for wireless infrastructure equipment applications." "RFMD is pleased to have Stanford Microdevices share the capacity of the world's largest GaAs HBT production plant," according to Jerry Neal, executive vice president of strategic development. "We believe our advanced, ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001-certified process technology will prove to be a catalyst for ever-greater product capabilities from SMDI." The agreement is specifically limited to the manufacture of proprietary SMDI wafers, and does not entail the exchange of intellectual property or any co-branding of products between the two companies. Stanford Microdevices, Inc. An ISO- iso- or is- pref. 1. Equal; uniform: isobar. 2. Isomeric: isopropyl. 3. 9002 certified manufacturer headquartered in Sunnyvale, with design centers throughout the U.S. and Canada, Stanford Microdevices is a leading supplier of high-performance RF components for the wireless and wireline telecommunications markets. SMDI's products include power modules, low-noise amplifiers, high-linearity gain blocks, high-performance transistors, modulators, switches, mixers, upconverters and downconverters, and high-performance multicomponent modules (MCMs) for transmit and receive applications. Product information may be found at Stanford Microdevices' website at www.stanfordmicro.com. RF Micro Devices RF Micro Devices, Inc., an ISO 9001-certified manufacturer, designs, develops, manufactures and markets proprietary radio frequency integrated circuits (RFICs) for wireless communications applications such as cellular and PCS phones, wireless LANs and cable television modems. The Company offers a broad array of products -- including amplifiers, mixers, modulators/demodulators, and single-chip receivers, transmitters and transceivers -- representing a substantial majority of the RFICs required in wireless subscriber equipment. The Company's strategy is to focus on wireless markets by offering a broad range of standard and custom-designed RFICs in order to position itself as a "one-stop" solution for its customers' RFIC RFIC Radio Frequency Integrated Circuit RFIC Radio Frequency Interface Chip needs. In the Sept. 4, 2000 issue of Fortune Magazine, RF Micro Devices was ranked second among Fortune's "100 Fastest Growing Companies." RF Micro Devices, Inc. is traded on the Nasdaq National Market under the symbol RFMD. Safe Harbor Statement This press release contains forward-looking statements regarding future events. We wish to caution the reader that such statements are, in fact, predictions and that actual events or results may differ materially. In particular, results obtained by Stanford Microdevices under the agreement with RFMD may not be successful. Other risks that could cause actual events to differ materially are included in Stanford Microdevices' filings with the Securities and Exchange Commission. These documents contain and identify important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stanford Microdevices is neither affiliated with nor sponsored or endorsed by Stanford University. |
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