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Amplifiers / Passive Components / Semiconductors / Integrated Circuits

RFMD Announces Retirement of Two Co-Founders

March 31, 2008
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GREENSBORO, N.C., March 31 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD) announced today that William (Bill) J. Pratt, chief technical officer, and Powell T. Seymour, corporate vice president of strategic operations, will retire, effective today, March 31, 2008, from RFMD(R) after distinguished careers in the communications technology industry, including the co-founding of RFMD 17 years ago and active roles in the subsequent growth of RFMD.

Bob Bruggeworth, president and chief executive officer, said, "RFMD has benefited greatly from the contributions of Bill Pratt and Powell Seymour. As co-founders, both were driving forces behind our development and growth, and we thank them for their roles in building our vibrant, world-class organization. All of RFMD wishes Bill and Powell rewarding retirements that give them the happiness and time for personal accomplishments they have earned. No two people have worked harder or contributed more to make RFMD the industry leader we are today."

"It has been a great pleasure helping to grow RFMD to the global leader in RF solutions," said Mr. Pratt. "I have enjoyed a wonderful relationship with the many great people who have contributed to our growth, and I wish continued success to all of the many friends I have at RFMD."

Mr. Seymour added, "I have had a wonderful career and will miss my daily interaction with my colleagues at RFMD. RFMD has assembled world-class capabilities and the industry's most talented work force, and the Company today is positioned to demonstrate a continuing impact on the technology industry. Thank you to all at RFMD for your contributions to the Company's success over the past 17 years."

In 1991, Bill Pratt, Powell Seymour and Jerry D. Neal founded RFMD in Greensboro, North Carolina. Mr. Pratt served as RFMD's Chairman of the Board from 1991 until August 2002 and continues to serve on RFMD's Board of Directors.

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