Pericom Ranked 20th Fastest-Growing U.S. Company in First-Ever ``FSB 100'' List of Publicly-Held Small Businesses

Business Wire,  July 12, 2001  

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Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--July 12, 2001

Fortune Small Business (FSB)'s List Honors America's 100 Fastest-Growing Small Businesses That Demonstrate Consistent Growth in

Earnings, Revenues, and Total Stock Return

Pericom(R) Semiconductor Corporation (Nasdaq:PSEM), a leading supplier of high-speed and mixed-signal integrated circuits, has been recognized by Fortune Small Business (FSB) Magazine as the 20th fastest-growing, publicly-held small business in the U.S. The inaugural FSB 100 list appears as the cover story in FSB's July 2, 2001 issue.

"In the tradition of FORTUNE, our parent publication, our editors have compiled this 'A' list of your small business peers -- 100 entrepreneurs who successfully took their companies public and are on their way to becoming the next generation of FORTUNE 500 companies," explained Kathleen Kayse, publisher of FSB.

"It's great to be acknowledged as an industry leader by a publication whose corporate organization is as prestigious as AOL Time Warner," said Alex Hui, chairman, president and CEO of Pericom. "We are extremely pleased to be ranked 20th in FSB 100's listing of the best small companies in America. This prestigious ranking validates and reaffirms our commitment to achieve continuous growth and profitability."

The FSB 100 companies were ranked on three criteria: earnings growth, revenue growth, and total stock market return. Combined, the 100 companies on the list delivered $2.68 billion in net income during 2000, while employing only 76,568 people.

Pericom was one of only two Silicon Valley-based chip companies that made the FSB 100 list. With 22 companies, California topped the list of states with the most FSB 100 companies, followed by Massachusetts, New York, and New Jersey, all with eight companies apiece.

About Pericom

Pericom Semiconductor Corporation (Nasdaq:PSEM) designs, develops, and markets high-performance interface integrated circuits (ICs) for the transfer, routing, and timing of high-speed digital and analog signals within and between computer, networking, and multimedia systems. The company's high-performance interface ICs are essential for the full utilization of the speed and bandwidth built into today's advanced microprocessors, memory ICs, LANs, and WANs. The company offers more than 650 products in its SiliconInterface, SiliconSwitch, SiliconClock, and SiliconConnect families, providing customers a wide array of interface IC solutions. Company headquarters are located in San Jose, and its products are distributed worldwide. Visit www.pericom.com/partners for a full list of Pericom's partners. Telephone: 800/435-2336. Email: nolimits@pericom.com. Web site: http://www.pericom.com.

Safe Harbor Statement

Certain matters discussed in this press release may contain forward-looking statements that may involve risk and uncertainties including, but not limited to, future revenues, earnings prospects and the Company's ability to execute its business plan. Although Pericom believes that its expectations are based on reasonable assumptions, it can give no assurance that anticipated results will occur. Parties receiving this release are encouraged to review all filings made by the Company with the Securities and Exchange Commission.

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