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Summit Microelectronics, Inc.

Summit Microelectronics Named Outstanding Financial Performer by the Fabless Semiconductor Association

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Contact:

Rick Orlando
Summit Microelectronics
Tel: +1.408-436-9890

Barbara Kalkis
Maestro Public Relations
Tel: +1.408.996.9975



Summit Microelectronics Named Outstanding Financial Performer by the Fabless Semiconductor Association

Campbell, CA -- January 4, 2001 -- Summit Microelectronics, Inc. has been named as a recipient of the year 2000 Outstanding Financial Performance award presented by the Fabless Semiconductor Association (FSA). The award is made to fabless semiconductor company association members that have demonstrated financial growth and stability by doubling either their revenue or net income year over year for the 12-month period ending September 2000. Ernst & Young LLP reviewed the financial information for the contenders and determined eligibility.

"The FSA's award recognizes the fiscal responsibility that we have taken in building our business model," said Rick Orlando, president and CEO of Summit. "We are fortunate to have customers who value the products we offer and an internal team committed to excellence."

About Summit

Summit Microelectronics develops semiconductors that manage the power functions in communications system equipment. Using Summit's analog technology, customers can achieve carrier-class availability, the highest standard of reliability available today for telecommunications, data communications and Internet applications.

Founded in 1997, Summit is headquartered in Campbell, California. The Company has received ISO 9001 and ISO 14001 certification and is in the process of gaining STACK certification. Summit's website is www.summitmicro.com.


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Summit Microelectronics, Inc.
1717 Fox Drive
San Jose, CA 95131-2312
Tel: +1.408-436-9890
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