SWKS Skyworks Solutions Inc

Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity, today introduced a product portfolio of energy management solutions for the wireless home. The company�s Linear Products� business has captured several key design wins with various market leaders for automated meter reading (AMR), advanced metering infrastructure (AMI), and ZigBee� (IEEE 802.15.4). Multiple customer's mesh network solutions are going into volume production using Skyworks� tested technology that includes front-end modules (FEMs), power amplifiers (PAs) and drivers, switches, voltage controlled oscillators (VCOs), phase lock loops (PLLs), diodes, and other key building block components. �Our Linear Products� business continues to gain traction in the increasingly dynamic energy market,� said Stan Swearingen, Jr., vice president and general manager of Linear Products at Skyworks. �Skyworks has uniquely tailored our portfolio of discrete and highly integrated front-end solutions to support a range of remote metering emerging applications.� According to ABS Energy Research, there are approximately 2.5 billion electric, gas and water meters in the world, of which only six percent are automated. As a result, there is pent-up demand for an economic RF solution to more efficiently collect, report and monitor utility usage by both service providers and consumers. Accordingly, Skyworks has shipped product into more than 2 million meters to date. Skyworks has prioritized energy management, and the company�s suite of RF solutions is gaining traction at key utilities worldwide. For instance, the company recently commenced volume production in support of one of North America�s largest electricity providers, with more highly integrated RF solutions on the horizon. About Skyworks� AMR FEMs Skyworks� custom FEMs allow for significant size and cost reduction. In addition, many of the company�s FEMs are designed to allow for �plug-and-play� functionality, thus drastically reducing the design time for new products. Customized FEMs can be created depending on transceiver implementation requirements. Various modules are being targeted at 450, 900 and 2,400 megahertz (MHz) frequency bands. Integration possibilities include PAs, transmit/receive (T/R) switches, low noise amplifiers (LNAs), harmonic filters, and mixers. Pricing and Availability All energy management products are presented in eco-friendly lead (Pb)-free, restriction of hazardous substances (RoHS) compliant packaging. High volume samples are available now, with full-scale production scheduled for the third quarter of fiscal 2008. For customized pricing, please contact sales@skyworksinc.com. Skyworks at IEEE MTT-S International Microwave Symposium 2008 Skyworks will be showcasing many solutions from its Linear Products� portfolio in Booth 1617 at IMS 2008, being held June 15-20 in Atlanta at the Georgia World Congress Center. About Skyworks Skyworks Solutions, Inc. is an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity. The company's power amplifiers, front-end modules and direct conversion radios are at the heart of many of today's leading-edge multimedia handsets. Leveraging core technologies, Skyworks also offers a diverse portfolio of linear products that support automotive, broadband, cellular infrastructure, industrial and medical applications. Headquartered in Woburn, Mass., Skyworks is worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. For more information, please visit Skyworks� Web site at: www.skyworksinc.com. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information relating to future results and expectations of Skyworks (including certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "believes," "plans," "may," "will," "continue," similar expressions, and variations or negatives of these words. All such statements are subject to certain risks and uncertainties that could cause actual results to differ materially and adversely from those projected, and may affect our future operating results, financial position and cash flows. These risks and uncertainties include, but are not limited to: uncertainty regarding global economic and financial market conditions; the cyclical nature of the semiconductor industry and the markets addressed by our, and our customers', products; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; delays or disruptions in production due to equipment maintenance, repairs and/or upgrades; our reliance on several key customers for a large percentage of our sales; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; our ability to timely and accurately predict market requirements and evolving industry standards, and to identify opportunities in new markets; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; our ability to rapidly develop new products and avoid product obsolescence; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; lengthy product development cycles that impact the timing of new product introductions; unfavorable changes in product mix; the quality of our products and any remediation costs; shorter than expected product life cycles; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; economic, social and political conditions in the countries in which we, our customers or our suppliers operate, including security and health risks, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates; our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties; and the uncertainties of litigation, including disputes over intellectual property, as well as other risks and uncertainties, including but not limited to those detailed from time to time in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Note to Editors: Skyworks and Skyworks Solutions are trademarks or registered trademarks of Skyworks Solutions, Inc. or its subsidiaries in the United States and in other countries. All other brands and names listed are trademarks of their respective companies.