Silicon Laboratories Adds Industry Veteran to Executive Team

AUSTIN, Texas--()--Silicon Laboratories Inc. (Nasdaq:SLAB) today announced the addition of Mark Downing to the executive team in the newly established role of vice president of strategy and business development. Mr. Downing, a twenty year industry veteran, will support the evolution of the companys long-term strategy.

Mr. Downing will report to Necip Sayiner, chief executive officer, and will be based in Austin, Texas. In addition to his focus on strategic direction, Mr. Downing will be responsible for identifying new product vectors and will assume responsibility for guiding the companys mergers and acquisition activity.

Mr. Downing brings a wealth of strategic marketing experience and business development to the role. He most recently served as chief executive officer and director of Enpirion, a private company offering high-efficiency switching dc-dc converters. Prior to joining Enpirion, Mr. Downing served as vice president of marketing for Micrel and was responsible for defining strategic direction. Mr. Downing also served as vice president of marketing at Pericom Semiconductor where he was responsible for each of Pericom's four product lines and launching the company in preparation for an initial public offering and subsequent secondary public offering. From March 1988 until October 1997 Mr. Downing served in various strategic planning, marketing, product line management and applications management roles at National Semiconductor Corp.

We have a number of strategic opportunities ahead of us as we apply our technology and significant financial resources to expand our presence in the market, said Necip Sayiner, president and chief executive officer of Silicon Laboratories. We are at a positive inflection point as a company and the timing is ideal to bring on a person of Marks background and experience to assist in developing and executing on key initiatives to help us to best leverage our unique technology.

Mr. Downing holds a bachelors degree in physics and a masters degree in business administration.

Silicon Laboratories Inc.

Silicon Laboratories is an industry leader in the innovation of high-performance, analog-intensive, mixed-signal ICs. Developed by a world-class engineering team with unsurpassed expertise in mixed-signal design, Silicon Labs diverse portfolio of highly integrated, easy-to-use products offers customers significant advantages in performance, size and power consumption. These patented solutions serve a broad set of markets and applications including consumer, communications, computing, industrial and automotive.

Headquartered in Austin, TX, Silicon Labs is a global enterprise with operations, sales and design activities worldwide. The company is committed to contributing to our customers success by recruiting the highest quality talent to create industry-changing innovations. For more information about Silicon Labs, please visit www.silabs.com.

Cautionary Language

This press release may contain forward-looking statements based on Silicon Laboratories current expectations. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. For a discussion of factors that could impact Silicon Laboratories' financial results and cause actual results to differ materially from those in the forward-looking statements, please refer to Silicon Laboratories filings with the SEC. Silicon Laboratories disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Note to editors: Silicon Laboratories and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.

Contacts

Silicon Laboratories Inc., Austin
Shannon Pleasant, 512-464-9254
shannon.pleasant@silabs.com

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Contacts

Silicon Laboratories Inc., Austin
Shannon Pleasant, 512-464-9254
shannon.pleasant@silabs.com