SMSC Introduces Microsoft Windows CE .NET Driver for LAN91C111 Non-PCI 10/100 Mbps Single Chip Ethernet MAC+PHY Controller for Intel PXA250 X-Scale Processor

Business Wire, Jan 29, 2003

Business Editors/High-Tech Writers

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Jan. 29, 2003

Standard Microsystems Corporation (Nasdaq: SMSC) announced today the availability of a Microsoft(R) Windows(R) CE .NET driver written for the Intel(R) PXA250 architecture for its LAN91C111 Non-PCI 10/100 Mbps Single Chip Ethernet MAC PHY Controller. This new driver is the latest in the SMSC suite of drivers built around leading Embedded processors.

"SMSC's goal is to ensure that our customers have all the building blocks necessary for their embedded networking applications, optimizing their time to market. The development of the Windows CE .NET driver for the Intel PXA250 X-Scale(TM) processor addresses X-Scale's increasing popularity in the Embedded market and is consistent with SMSC's ongoing commitment to provide complete solutions for the LAN91C111 Ethernet device," stated Fred Weber, Director of Marketing for Embedded Products.

The LAN91C111 is a Non-PCI fast Ethernet controller for embedded systems that provides a configurable, generic bus interface compatible with popular embedded processor host interfaces, including XScale, ARM, Hitachi SH, Power PC, ColdFire, and MIPS. Since the Bus Interface Unit is very flexible, the LAN91C111 is ideal for many different environments and access modes, e. g. 32-bit or 16-bit mode, synchronous or asynchronous mode, burst or non-burst mode. System designers can take advantage of the flexible interface to configure the chip to match their application requirements.

Availability

Please contact your local SMSC representative or SMSC sales office to obtain a Software Licensing Agreement for royalty-free source code.

About SMSC:

SMSC provides Real World Connectivity(TM) solutions for high-speed communication and computing applications. Leveraging a broad intellectual property portfolio and an extensive history in the design of the world's most preferred Advanced Input/Output products, SMSC delivers integrated hardware and software solutions to manage systems and connect peripherals in today's rapidly evolving computing architectures. SMSC works with industry leading OEMs to combine advanced digital, mixed-signal and analog functionality into Application Specific Standard Products.

The Company's Embedded Products connect people, machines and information. SMSC delivers integrated Ethernet and USB 2.0 solutions, along with a diverse range of other products, for network printers, set-top boxes, home gateway products, car navigation systems, cellular base stations, USB peripherals and more.

SMSC is based in Hauppauge, New York and maintains offices worldwide, including locations in North America, Asia, Europe and Japan. SMSC operates engineering design centers in Phoenix, AZ, Tucson, AZ, Hauppauge, NY and Austin, TX. More information about the Company is available on the World Wide Web at http://www.smsc.com.

Forward Looking Statements:

Except for historical information contained herein, the matters discussed in this announcement are forward-looking statements about expected future events and financial and operating results that involve risks and uncertainties. These include the timely development and market acceptance of new products; the impact of competitive products and pricing; the effect of changing economic conditions in domestic and international markets; changes in customer order patterns, including loss of key customers, order cancellations or reduced bookings; and excess or obsolete inventory and variations in inventory valuation, among others. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact of any future acquisitions, mergers or divestitures.

SMSC competes in the semiconductor industry, which has historically been characterized by intense competition, rapid technological change, cyclical market patterns, price erosion and periods of mismatched supply and demand. In addition, sales of many of the Company's products depend largely on sales of personal computers and peripheral devices, and reductions in the rate of growth of the PC and Embedded markets could adversely affect its operating results. SMSC conducts business outside the United States and is subject to tariff and import regulations and currency fluctuations, which may have an effect on its business. All forward-looking statements speak only as of the date hereof and are based upon the information available to SMSC at this time. Such information is subject to change, and we will not necessarily inform you of such changes. These and other risks and uncertainties, including potential liability resulting from pending or future litigation, are detailed from time to time in the Company's reports filed with the SEC. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Other Factors That May Affect Future Operating Results" for a more complete discussion of these and other risks and uncertainties.