ALISO VIEJO, Calif, Aug. 31, 2016

Lockheed Martin Selects Microsemi's Master Reference Oscillators for the U.S. Air Force's Space Based Infrared System Satellite Program 

Collaboration Between Microsemi and Lockheed Martin Continues with Fifth and Sixth Satellites

Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced the company was chosen to supply its master reference oscillator for the U.S. Air Force's Space Based Infrared System (SBIRS) satellite program for which Lockheed Martin is the prime contractor.

SBIRS, considered one of the nation's highest priority space programs, provides global, persistent, infrared surveillance capabilities to meet 21st century demands in four national security mission areas: missile warning, missile defense, technical intelligence and battlespace awareness.

SBIRS, the next-generation program replacing the 1970s Defense Support Program constellation, delivers timely, reliable and accurate missile warning and infrared surveillance information to the president, the secretary of defense, combatant commanders, the intelligence community and other key decision makers. The system enhances global missile launch detection capabilities, supports the nation's ballistic missile defense system, expands the country's technical intelligence gathering capacity and bolsters situational awareness for warfighters on the battlefield.

The SBIRS satellite includes highly sophisticated scanning and staring sensors that will deliver improved infrared sensitivity and a reduction in area revisit times over the current constellation. The scanning sensor will provide a wide area surveillance of missile launches and natural phenomena across the earth, while the staring sensor will be used to observe smaller areas of interest with superior sensitivity.

"Microsemi has more than 40 years of space heritage with our space-grade crystal oscillators, which provide highly accurate performance as well as an unsurpassed combination of small size, low power and best-in-class offerings for applications where frequency, stability and phase noise are critical," said Peter Cash, director of space, defense and advanced technology for Microsemi's Frequency and Time Division. "We are proud to extend our relationship with Lockheed Martin and continue our support of the company and the U.S. Air Force on the fifth and sixth SBIRS satellites."

In addition to providing Lockheed Martin with the ultra-stable master oscillator, Microsemi has supplied radiation-tolerant field programmable gate arrays (FPGAs), custom power supplies and radiation-tolerant space-grade diodes, transistors and MOSFETs for the SBIRS satellite system. Microsemi is scheduled to begin delivery of production models of its master reference oscillators in late 2016, which will include a variety of the company's discrete devices, as well as its radiation-tolerant RTAX-S FPGAs. For more information, email sales.support@microsemi.com.

Microsemi designs and manufactures an extensive portfolio of semiconductor products including highly stable and precise rubidium, cesium and quartz oscillators for instrumentation and satellite applications. Microsemi's staff includes experienced technologists who thoroughly understand the unique requirements of military and space environments. According to Databeans, Inc.'s research report titled, "2014 Semiconductors in Military and Aerospace Electronics," Microsemi is the leading supplier to the military and aerospace semiconductor market with over 19 percent market share.

Microsemi Leading Space Innovation for More than Half a Century

With one of the industry's most comprehensive portfolios of space products, Microsemi provides radiation-tolerant field programmable gate arrays (FPGAs), rad-hard mixed-signal integrated circuits (ICs), radiation-hardened DC-to-DC converters, precision time and frequency solutions, linear and POL hybrids, custom hybrid solutions, and rad-hard discretes including the broadest portfolio of JANS Class diodes and bipolar products. Microsemi is committed to supporting its products throughout the lifetime of its customer programs. The company continues to innovate and expand its portfolio, most recently adding its new LX7730 radiation-tolerant telemetry controller IC providing key functions for sensor monitoring, attitude and payload control, as well as its RTG4™ high-speed signal processing radiation-tolerant FPGA family. The RTG4's reprogrammable flash technology offers complete immunity to radiation-induced configuration upsets in the harshest radiation environments, requiring no configuration scrubbing, unlike SRAM FPGA technology. For more information about Microsemi's space products, visit http://www.microsemi.com/applications/space.

About Microsemi

Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for aerospace & defense, communications, data center and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; enterprise storage and communication solutions, security technologies and scalable anti-tamper products; Ethernet solutions; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, California and has approximately 4,800 employees globally. Learn more at www.microsemi.com.

Microsemi and the Microsemi logo are registered trademarks or service marks of Microsemi Corporation and/or its affiliates. Third-party trademarks and service marks mentioned herein are the property of their respective owners.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to the company being chosen to supply its master reference oscillator for the Space Based Infrared System satellite led by Lockheed Martin for the U.S. Air Force, and its potential effects on future business, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

SOURCE Microsemi Corporation

CONTACT: Farhad Mafie, VP Worldwide Product Marketing, 949-356-2399 or Beth P. Quezada, Director, Corporate Communications, 949-380-6102, Email: press@microsemi.com

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