RF Micro Devices Announces European Expansion
Opens Sales and Engineering Support Center in United Kingdom
Greensboro, NC. RF Micro Devices, Inc. (Nasdaq: RFMD), a leading provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, has announced the establishment of its first local European sales and support center. The office, located at Reading along the M4 corridor, houses a UK-based support staff of sales representatives and design engineers.
"We believe the UK is a critical market for our products with tremendous growth potential in the consumer wireless arena, especially in the area of GSM handset design and development," said Greg Thompson, RFMD(TM) director of sales. "This type of direct local support is of paramount importance when establishing a stronger presence in a strategic marketplace."
"Opening our first European support center demonstrates a continued commitment to quality customer service," said Jerry Neal, executive vice president of sales, marketing and strategic development for RFMD. "In today s global marketplace, we must be ready to support a worldwide customer base. We will expand our sales and support structure wherever we find valuable growth opportunities."
RF Micro Devices, Inc., an ISO 9001-certified manufacturer, designs, develops, manufactures and markets proprietary RFICs for wireless communications applications such as cellular and PCS phones, cordless phones, wireless LANs, wireless local loop handsets, industrial radios, wireless security systems and remote meter readers. 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 needs. RF Micro Devices, Inc. is traded on the Nasdaq National Market under the symbol RFMD.
This press release contains forward-looking statements that relate to the Company s plans, objectives, estimates and goals. Words such as "expects," "anticipates," "intends," "plans," "believes," and "estimates," and variations of such words and similar expressions identify such forward-looking statements. These statements are subject to numerous risks and uncertainties, including probable variability in the Company s quarterly operating results, dependence on a limited number of customers, variability in production yields, risks associated with the Company s operation of a wafer fabrication facility, dependence on third parties and risks associated with doing business in Asia or other areas of the world. These and other risks and uncertainties, which are described in more detail in the Company s Annual Report on Form 10-K and the Company s Prospectus dated January 21, 1999 included in its Registration Statement on Form S-3 (Registration No. 333-69501) filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.
RF Micro Devices(R) and RFMD(TM) are trademarks of RF Micro Devices, Inc. All other tradenames, trademarks and registered trademarks are the property of their respective owners. For further information about RFMD, please visit our home page at http://www.rfmd.com.
Contact:
RF Micro Devices, Greensboro
Business Contact, Greg Thompson, Tel: 336/664-1233
David Wither, Tel: +44 (0) 118 945 0072
or
Technical Contact, Brian Roberts, Tel: +44 (0) 118 945 0072
David Kirkbride, Tel: +44 (0) 118 945 0072
RF Micro Devices, Greensboro
Business Contact, Greg Thompson, Tel: 336/664-1233
David Wither, Tel: +44 (0) 118 945 0072
or
Technical Contact, Brian Roberts, Tel: +44 (0) 118 945 0072
David Kirkbride, Tel: +44 (0) 118 945 0072
Web site: http://www.rfmd.com
