Microchip Technology Added to S&P 500 Index

CHANDLER, Ariz.--(BUSINESS WIRE)--

Microchip Technology Incorporated (NASDAQ:MCHP), a leading provider of microcontroller and analog semiconductors, announced today that Standard & Poor's has added the Company to its S&P 500 Index effective as of market close on Friday, September 7, 2007.

"Microchip is honored and pleased to be included in the S&P 500 and recognized among the premiere companies in the U.S.," said Steve Sanghi, Microchip's President and CEO. "Inclusion in the S&P 500 acknowledges the accomplishments of Microchip through our employees, as well as our stable and consistent growth, and our commitment to shareholder value."

The S&P 500 is a world-renowned index which includes 500 leading large-cap companies in major industries of the U.S. economy. It is considered to be one of the benchmark indicators of the U.S. equities market performance.

Microchip Technology Inc. is a leading provider of microcontroller and analog semiconductors, providing risk-free 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 www.microchip.com.

The Microchip logo and name are registered trademarks of Microchip Technology Incorporated.

Source: Microchip Technology Incorporated