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AMCC Receives 'Best in Class' Recognition from Corporate Legal Exchange for its Intellectual Property Management Program

Business Wire, May 6, 2008

SUNNYVALE, Calif. -- Applied Micro Circuits Corporation (NASDAQ:AMCC), a global leader in embedded Power Architecture[TM] processing, optical transport and storage solutions, and Corporate Legal Exchange today announced that AMCC has received a "Best in Class" recognition from Corporate Legal Exchange for its Intellectual Property (IP) Management Program.

Corporate Legal Exchange has chosen AMCC to be featured in their latest research study on Intellectual Property Management. This is a great honor to be bestowed upon AMCC by an organization that offers executives and their enterprises exposure to the best thinking and strategies from across industries and around the world. AMCC has renewed its dedication to its intellectual property and research and development programs and has implemented a strategic Patent Portfolio Management Program that is showing tremendous progress putting AMCC on the road to becoming one the world's premier IP leaders.

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"In our research, we speak with hundreds of companies annually to highlight leading practices," said Michael Williams, Senior Research Director of the Corporate Legal Exchange. "AMCC's approach to valuing and managing intellectual property clearly differentiates it from other approaches we have seen. AMCC is showing leadership, differentiation, and out-of-the-box thinking that we expect will result in a stronger, broader, and more valuable IP portfolio. AMCC's approach surfaces the best ideas from its innovative product team and catalogues them intelligently, allowing AMCC to aggressively prioritize and pursue patents on the very best ideas."

"We would like to thank Corporate Legal Exchange for awarding AMCC this Best in Class honor," said Alan Sorgi, Director of Intellectual Property Portfolio Management for AMCC. "Intellectual property, and more importantly, valuable and important intellectual property are vital for the future of our company. The IP Management Program is proving to be a winning tool for our shareholders, customers as well as for our employees."

About AMCC

AMCC provides leadership semiconductor solutions to process, transport, and store digital information for the world's wired and wireless networks. As a leading supplier of Power Architecture[TM] based processors and with world-class expertise in SONET and Ethernet protocol processing, PHY technology, storage processors and RAID controllers our products are the foundation of the IP Communications Revolution. AMCC's 3ware[R] SAS and SATA RAID controllers deliver cost-effective, high-performance, high-capacity storage for enterprises and consumers worldwide in applications like disk-to-disk backup, near-line storage, network-attached storage (NAS), video, and high-performance computing. For further information regarding AMCC, please visit our website at http://www.amcc.com.

About the Corporate Executive Board

The Corporate Legal Exchange's parent company, the Corporate Executive Board Company (NASDAQ: EXBD) is a leading provider of best practices research and analysis focusing on corporate strategy, operations, and general management issues. EXBD provides its integrated set of services currently to more than 3,700 of the world's largest and most prestigious corporations, including over 80 percent of the Fortune 500. These services include best practices research studies, executive education seminars, management implementation toolkits, customized research briefs, and Web-based access to a library of over 300,000 corporate best practices.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as expects, anticipates, plans, believes, estimates, will or words of similar meaning. Such forward-looking statements, including statements relating to the products discussed in this press release, are subject to a number of risks and uncertainties, including the risk that the products may not be successfully or timely developed, completed or manufactured or achieve market acceptance, risks relating to general economic conditions, as well as the risks and uncertainties set forth in the Company's Annual Report on Form 10-K, and in the Company's other SEC filings. As a result of these risks and uncertainties, actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and AMCC does not assume any obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise.

AMCC and 3ware are registered trademarks of APPLIED MICRO CIRCUITS CORPORATION. Power Architecture is a trademark licensed by Power.org. All other trademarks are property of their respective owners.

Business Services Industry

AMCC Receives 'Best in Class' Recognition from Corporate Legal Exchange for its Intellectual Property Management Program

Business Wire, May 6, 2008

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