Microsemi Commends CMS Decision on Expanding Defibrillator Coverage to Medicare Beneficiaries

Irvine, California, UNITED STATES


IRVINE, Calif., Sept. 29, 2004 (PRIMEZONE) -- Microsemi Corporation (Nasdaq:MSCC) has applauded yesterday's proposal by the Centers for Medicare & Medicaid Services (CMS) to expand coverage of implantable cardioverter defibrillators (ICDs), a move that is expected to save thousands of lives a year.

Microsemi said this move by CMS demonstrates its commitment to the use of medical technology to improve patient lives in the United States and to continue the fight against the leading cause of death in older Americans.

Based on the CMS announcement, the expansion will increase the number of Medicare beneficiaries eligible for an ICD by one-third, to nearly 500,000. It expects to provide this therapy to at least 25,000 patients in the first year of coverage, potentially saving up to 2,500 lives.

"We commend the move by the Centers for Medicare & Medicaid Services for moving to recognize the benefits of the recent SCD-HeFT trials," said James J. Peterson, Microsemi President and CEO. "Microsemi is proud to supply products into this innovative market that has such a dramatic impact on people's lives."

About Microsemi

Microsemi is a leading designer, manufacturer and marketer of high-performance analog and mixed-signal integrated circuits and high-reliability discrete 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, battery optimization, reducing size or protecting circuits. The principal markets the company serves include implanted medical, military/aerospace and satellite, notebook computers and monitors, 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



        

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