Microchip Technology Licenses Sonics' On-Chip Networks for Industry-Leading 32-bit Microcontroller Family

Microcontroller Leader Taps Sonics for Next-Generation PIC32 Products in Wide Array of High-Volume, High-Growth Markets

MILPITAS, Calif. – October 31, 2011 – Sonics, Inc.®, the world’s number one supplier of on-chip communications IP, today announced Microchip Technology Inc. has licensed a number of its popular on-chip networks and memory subsystems for its award-winning 32-bit PIC32 microcontroller family. Sonics’ solutions will be used in the PIC32 product family, in an array of diverse applications from automotive, consumer electronics and home appliances to wireless connectivity.

Sonics’ on-chip networks enable designers and system architects to significantly reduce time-to-market, decrease development costs and increase performance in advanced SoCs. Sonics provides designers with a broad portfolio of on-chip communications solutions that address the connectivity challenges and memory bottlenecks associated with the complexities of advanced embedded processing and SoC design. Sonics’ family of on-chip networks and memory subsystems uniquely offers Microchip power, performance and cost-saving alternatives for its high-volume, cost-sensitive design goals.

“Sonics provides Microchip with highly configurable on-chip connectivity solutions to modify their chips rapidly and easily with a reliable methodology so they can continue dominating the world’s highest-volume, cost-sensitive markets—and further proliferate the Internet of Things,” said Jack Browne, senior vice president of sales and marketing at Sonics.

About Microchip Technology

Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com.

About Sonics

Sonics, Inc. is a pioneer of network-on-chip (NoC) technology and today offers SoC designers the largest portfolio of intelligent, on-chip communications solutions for home entertainment, wireless, networking and mobile devices. With a broad array of silicon-proven IP, Sonics helps designers eliminate memory bottlenecks associated with complex, high-speed SoC design, streamline and unify data flows and solve persistent network challenges in embedded systems with multiple cores. As the leading supplier of on-chip communications networks, Sonics has more than 100 patent properties and has enabled its customers to ship more than one billion units worldwide. Founded in 1996, Sonics is headquartered in Milpitas, Calif. with offices worldwide. For more information, please visit www.sonicsinc.com, www.sonicsinc.com/blog, and follow us on twitter at http://twitter.com/sonicsinc.