Micrel Signs Multimillion Dollar Contract with Commercial Solar Cell Company
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Micrel Semiconductor Inc.
1849 Fortune Dr.
San Jose, CA, 95131
Press release date: November 19, 2007
San Jose, Calif., Nov. 19, 2007 - Micrel Inc., (Nasdaq:MCRL), an industry leader in analog, high bandwidth communications and Ethernet IC solutions, today announced that it has signed a multimillion dollar, long-term contract to supply commercial solar cells. Micrel's unique processing capability enables the creation of the highest efficiency solar cells presently available. The partnership will involve the manufacturing and supply of concentrated solar cells while supporting world wide environmental efforts and corporate 'Green' initiatives.
"As part of our global citizenship initiative and corporate responsibility programs, Micrel has long supported environmental preservation efforts on a global basis," noted Guy Gandenberger, vice president of wafer fab and foundry operations, Micrel. "This new agreement enables Micrel to provide valuable energy-saving solutions while offsetting current capacity. This is yet another example of Micrel's unique technological capability to provide leadership in emerging areas."
Micrel will fabricate the concentrated solar cells at its San Jose site - one of the last high volume fabs in Silicon Valley. The facility has been certified to ISO14001:1996, the International Environmental Management System Standard. This environmental management system strives to ensure regulatory compliance and reduce environmental impact through waste reduction and recycling. In addition, Micrel continues to focus on constantly improving its quality, safety and environmental practices by deploying practices that significantly reduce water and energy consumption, saving considerable operating funds as well as preserving the environment. To ensure compliance with the European directive on the restriction of use of hazardous substances (ROHS) and other similar regulations, Micrel remains committed to providing customers lead-free products. As a result, the vast majority of Micrel products may be ordered in lead-free versions. More information about Micrel's Environmental Management System and lead-free products can be found on the Micrel website at: www.micrel.com.
About Micrel, Inc. Micrel Inc., is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com.
Contact: Julieanne DiBene, Marketing Communications 1-408-474-1276 Julie.DiBene@Micrel.com