Microchip Technology Selected as Co-Manufacturer of the Year

3/11/2003 - Microchip Technology Inc. (NASDAQ: MCHP) has been awarded the 2003 Co-Manufacturer of the Year in the Large Manufacturer category by Arizona Association of Industries (AAI) for the Company's consistent, steady growth and success, and strong support of education in Arizona. Judging was based on criteria including, utilization of the manufacturer's business, resources and personal leadership skills, contributions to the community, and innovative leadership in regard to products, production methods or services offered.

Microchip is a leading embedded control solution provider and manufactures the popular PICmicro RISC microcontrollers, the industry's most flexible microcontroller solutions serving the 8- and 16-bit embedded control application markets, and advanced, high-endurance serial EEPROMs and analog devices. Specializing in field-programmable and mixed-signal solutions, Microchip's devices target thousands of embedded control applications in the automotive, consumer, communications, computer and industrial control markets. Microcontrollers are the low-cost devices that provide electronics intelligence to thousands of applications, such as home appliances, garage door openers and remote controls. Complementing the microcontroller product families, Microchip offers best-in-class development tools, software and industry-leading worldwide sales support, enabling designers ease of integration when manufacturing next-generation electronics.

"Microchip's commitment to the Company's Guiding Values are a vital element to our continued success," said Bob Lloyd, Vice President of Site Services for Microchip. "We are honored to receive AAI's Manufacturer of the Year award and the recognition that Microchip consistently delivers quality products and customer service, and is dedicated to supporting the communities and academic institutions of which we are a part."

About Arizona Association of Industries
Based in Phoenix, AAI's mission is to build and enhance a climate favorable to manufacturing and related industries throughout Arizona; to increase the growth and competitiveness of Arizona's manufacturers through legislative, political, and regulatory advocacy; and to provide manufacturers with education and cost-effective services. AAI addresses governmental issues at the state, county and municipal levels, and represents members in Washington through its role as the statewide affiliate of the National Association of Manufacturers. Information on AAI can be found at www.azind.org

About Microchip Technology
Microchip Technology Inc. manufactures the popular PICmicro® field-programmable RISC microcontrollers, which serve 8- and 16-bit embedded control applications, and a broad spectrum of high performance linear and mixed-signal, power management and thermal management devices. The Company also offers complementary microperipheral products including interface devices; microID® RFID devices; serial EEPROMs; and the patented KEELOQ® security devices. This synergistic product portfolio targets thousands of applications and a growing demand for high-performance designs in the automotive, communications, computing, consumer and industrial control markets. The Company's quality systems are ISO 9001 (1994 version) and QS9000 (1998 version) certified. Microchip is headquartered in Chandler, Arizona with design facilities in Mountain View, California, Bangalore, India; and a European Design Center in Lausanne, Switzerland; semiconductor fabrication facilities in Tempe and Chandler, Arizona; Gresham, Oregon; and Puyallup, Washington; and assembly and test operations near Bangkok, Thailand. Microchip employs approximately 3,350 people worldwide and has sales offices throughout Asia, Europe, Japan and the Americas. More information on the Company can be found at www.microchip.com.

The Microchip name and logo, PIC, PICmicro, microID and KeeLoq are registered trademarks of Microchip Technology Inc. in the USA and other countries.

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