Actel Corporation Announces Q4 FY2007 Conference Call

Market Wire, February, 2008

Actel Corporation (NASDAQ: ACTL) has scheduled a conference call to discuss the Company's financial results for its fourth fiscal quarter on Wednesday, February 20, 2008, at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. The Company today became current in its filings with the Securities and Exchange Commission ("SEC") but needs another week to release its fourth quarter results.

We will release fourth quarter 2007 financial results at approximately 1:15 p.m. Pacific Time / 4:15 p.m. Eastern Time on February 20, 2008. The conference call is being webcast by Thompson Financial and can be accessed by our website at http://www.actel.com . For access to the live conference call, dial 1-800-374-1339, Conference ID # 31167838. A recording of the call will be available two hours after the completion of the call. To access the recording, call 1-800-642-1687, Conference ID # 31167838. The call recording will be archived until February 27, 2008, and the webcast will be archived until March 5, 2008.

As previously announced, a Special Committee of our Board of Directors, composed of independent directors and assisted by independent counsel, was appointed on September 22, 2006, to review our historical stock option grant practices and related accounting. On January 18, 2007, we concluded that investors should no longer rely on our financial statements, the related reports or interim reviews of our independent registered public accounting firm, or any earnings press releases and similar communications issued by us for fiscal periods commencing on or after January 1, 1996.

On January 22, 2008, we filed with the SEC our Quarterly Report on Form 10-Q for the quarter ended October 1, 2006, which included restatements of the following previously-filed financial statements and data (and related disclosures): (i) our condensed consolidated balance sheet as of January 1, 2006, and the related condensed consolidated statements of operations for the quarters ended July 2, 2006, and October 2, 2005, and the nine months ended October 2, 2005, and our condensed consolidated statement of cash flows for the nine months ended October 2, 2005; and (ii) our management's discussion and analysis of financial condition and results of operations as of and for the quarters ended July 2, 2006, and October 2, 2005, and the nine months ended October 2, 2005.

On January 22, 2008, we also filed with the SEC our Annual Report on Form 10-K for the fiscal year ended December 31, 2006, which included restatements of the following previously-filed financial statements and data (and related disclosures): (i) our consolidated balance sheet as of January 1, 2006, and the related consolidated statements of operations, shareholders' equity and cash flows for each of the fiscal years ended January 1, 2006 and January 2, 2005; (ii) our selected financial data as of and for the fiscal years ended January 1, 2006, January 2, 2005, January 4, 2004, and January 5, 2003, (iii) our management's discussion and analysis of financial condition and results of operations as of and for the fiscal years ended January 1, 2006 and January 2, 2005, and (iv) our unaudited quarterly financial information for the first two quarters in the fiscal year ended December 31, 2006, and for all four quarters in the fiscal year ended January 1, 2006.

In both of these SEC filings, we also reported adjustments affecting previously-reported financial statements for fiscal years 1994 through 2003, the effects of which are summarized in cumulative adjustments to additional paid-in capital, deferred stock-based compensation, and retained earnings as of January 4, 2004.

Today, we filed with the SEC our Quarterly Report on Form 10-Q for the quarter ended April 1, 2007, which includes a restatement of our condensed consolidated financial statements for the quarter ended April 2, 2006 (and related disclosures); our Quarterly Report on Form 10-Q for the quarter ended July 1, 2007, which includes a restatement of our condensed consolidated financial statements for the quarter and six-month period ended July 2, 2006 (and related disclosures); and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. We are now current in our SEC filings.

As also previously announced, we have received notices from Nasdaq of Staff determinations that we are not in compliance with the requirements for continued listing set forth in Nasdaq Marketplace Rules 4350(e) and 4350(g), under which listed companies must hold an annual meeting of shareholders, solicit proxies, and provide proxy statements to Nasdaq. Actel did not hold an annual meeting of shareholders during 2006 or 2007 because of the stock option review. We currently plan to solicit proxies and hold a Combined 2006-2007 Annual Meeting of Shareholders on March 4, 2008.

About Actel

Attacking power consumption at both the chip and the system levels, Actel Corporation's innovative FPGAs and programmable system chip solutions enable power-efficient design. The company is traded on the NASDAQ National Market under the symbol ACTL and is headquartered at 2061 Stierlin Court, Mountain View, Calif., 94043-4655. For more information about Actel, visit http://www.actel.com .