IRVINE, Calif., July 9, 2007 (PRIME NEWSWIRE) -- James J. Peterson, President and CEO of Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog mixed signal integrated circuits and high reliability semiconductors, today added his congratulations to Boeing (NYSE:BA) on the launch of their new 787 Dreamliner commercial aircraft.
"As a longtime supplier partner of Boeing Commercial Airplanes, it is particularly satisfying to be a part of this technologically advanced and environmentally progressive new aircraft," Peterson said. "We congratulate the many Boeing employees with whom we work on their efforts in making this the most successful commercial airplane launch in history."
Boeing already has orders from 47 customers for 677 Dreamliners worth more than $110 billion at current list prices. First flight is expected in late August or September with initial passenger service scheduled for May 2008. The 787 will use 20 percent less fuel per passenger, produce fewer carbon emissions and have quieter takeoffs and landings than similarly sized aircraft.
Commercial Air/Space is second only to Defense among Microsemi's diverse markets, where its high reliability semiconductor products support a wide range of navigation and radar applications for the rapidly expanding global needs for safe commercial air transportation.
"Our commitment to commercial aviation is not new," Peterson said. "We serve every major player in the industry and our growing dollar content is reflected in their ever more sophisticated designs," he said.
About Microsemi Corporation
Microsemi is a leading designer, manufacturer and marketer of high performance analog and mixed signal integrated circuits and high reliability semiconductors. The company's semiconductors manage and control or regulate power, protect against transient voltage spikes and transmit, receive and amplify signals.
Microsemi's products include individual components as well as integrated circuit solutions that enhance customer designs by improving performance and reliability, optimizing battery performance, reducing size or protecting circuits. The principal markets the company serves include implantable medical, defense/aerospace and satellite, notebook computers, monitors and LCD TVs, and automotive and mobile connectivity applications. More information may be obtained by contacting the company directly or by visiting its web site at http://www.microsemi.com.
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Investor Inquiries: David R. Sonksen, Microsemi Corporation, Irvine, CA (949) 221-7101.