TriQuint Semiconductor Re-brands Sawtek Operations
Source/Type: Press Releases - As issued by company

September 29, 2006... Major Wireless Phone and Base Station Supplier Designs, Builds RF Front-End Modules, Components for Leading Global Companies

Orlando, Florida. & Hillsboro, Oregon USA--TriQuint Semiconductor, a leading supplier of RF front-end modules and components for wireless handsets and networks, will today officially re-brand its Orlando-based Sawtek operations as TriQuint Semiconductor. The former Sawtek operations represent one of three major TriQuint locations in the United States. Sawtek merged with the parent company in 2001 as part of a global TriQuint strategy to offer customers a complete range of RF (radio frequency) modules and components.

TriQuint’s Orlando operation supplies signal filtering solutions to the world’s largest handset makers for all mobile phone standards including CDMA, GSM/EDGE and Wideband CDMA. Products also include high-volume, high frequency bulk acoustic wave (BAW) filters for a variety of civilian and military applications, plus SAW filtering for WLAN, WiMAX, Bluetooth, GPS, cable TV set-top box (STB) and network radio/base stations.

TriQuint SAW products from Orlando and Costa Rica are paired with other key TriQuint technologies including gallium arsenide (GaAs) power amplifiers and switches to create the wireless phone industry’s smallest, most advanced modules that link a mobile phone’s antenna and its silicon-based transceivers.

Prior to the TriQuint acquisition Sawtek primarily designed individual SAW filter components for wireless handsets, base stations and military applications. The Orlando operation was an early SAW ‘duplexer’ pioneer -- reducing the size of this module, which groups multiple filter functions into a single package. The Orlando and Costa Rican facilities have gone on to play key roles in TriQuint’s successful bid to design and produce significantly more sophisticated RF transmit modules. This product evolution has made TriQuint a major supplier and a technology leader in a very competitive global industry.

“TriQuint tailored its acquisition strategy in the late 1990s and early 2000s to create a vertically-integrated company that could effectively compete globally. By adding Sawtek’s expertise to leading-edge GaAs technology TriQuint put together key elements for next-generation phone and data card modules. Our success, with a 40% revenue growth rate year over year last quarter, has validated that strategy,” said Brian P. Balut, TriQuint Semiconductor Vice President.

The integration of Sawtek into TriQuint’s overall operation and the role it plays in growing the company’s handset and wireless networks business made the name change important in presenting one face to the customer.

TriQuint Semiconductor employs nearly 350 people in Florida. Its 93,000-square-foot facility is headquarters for RF signal filtering and module design as well as manufacturing operations that include an assembly plant in San Jose, Costa Rica and the high-volume portion of BAW design and production operations acquired from TFR Technologies (Bend, OR) in 2005.

FORWARD-LOOKING STATEMENTS

This TriQuint Semiconductor, Inc. (Nasdaq: TQNT) press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that forward-looking statements such as statements regarding TriQuint’s future growth, competitive advantage and new product offerings involve risks and uncertainties. The cautionary statements made in this press release should be read as being applicable to all related statements wherever they appear. Statements containing such words as will, could, growing or similar terms are considered to contain uncertainty and are forward-looking statements. A number of factors affect TriQuint’s operating results and could cause its actual future results to differ materially from any results indicated in this press release or in any other forward-looking statements made by, or on behalf of, TriQuint, including, but not limited to: those associated with the unpredictability and volatility of customer acceptance of and demand for our products and technologies, the ability of our production facilities and those of our vendors to meet demand, and the ability of our production facilities and those of our vendors to produce products with yields sufficient to maintain profitability as well as the other “Risk Factors” set forth in TriQuint’s most recent 10-Q filed with the Securities and Exchange Commission. This and other reports can be found on the SEC web site, www.sec.gov. A reader of this release should understand that these and other risks could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements.

FACTS ABOUT TRIQUINT

TriQuint Semiconductor supplies high-performance modules and components to the world's leading communications companies. Our diverse markets include wireless handsets, base stations, broadband communications and military. We “Connect the digital world to the global network”™. TriQuint creates standard and custom products using advanced processes that include gallium arsenide (GaAs), surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies. TriQuint has manufacturing facilities in Oregon, Texas and Florida, a production plant in Costa Rica, and design centers in North America and Germany. These manufacturing and production facilities are certified to the ISO9001 international quality standard. TriQuint is headquartered at 2300 NE Brookwood Parkway, Hillsboro, Oregon 97124 (USA) and can be reached at +1 503 615 9000 (Fax: +1 503 615 8900). Visit TriQuint at www.triquint.com.

Contacts
TriQuint Semiconductor, Inc.
Brian Balut, Vice President, +1-407-884-3405
Fax: +1-407-886-7061

or
Mark Andrews, MarComm Manager, +1-407-884-3404
Mobile: +1-407-353-8727

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