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Gregg Lowe Joins Silicon Labs' Board of Directors

April 03, 2017

AUSTIN, Texas, April 3, 2017 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leading provider of silicon, software and solutions for a smarter, more connected world, announces the appointment of Gregg Lowe to the company's board of directors. Mr. Lowe brings more than a decade of executive leadership experience at Freescale Semiconductor and Texas Instruments to his Silicon Labs board position.

Mr. Lowe served as President and CEO of Freescale from June 2012 until December 2015. During his three-year tenure at the helm of Freescale, he identified opportunities to accelerate revenue growth and implemented strategies that helped Freescale increase market share, expand gross margins and enhance profitability. He shepherded the company through one of the semiconductor industry's largest mergers culminating with NXP's successful acquisition of Freescale in December 2015.

"Gregg is an exceptional addition to Silicon Labs' board of directors," said Tyson Tuttle, CEO of Silicon Labs. "Gregg stands out in the semiconductor industry as a both a visionary and hands-on strategist with a knack for helping great companies become even greater through his disciplined focus on growing market share and revenues. We are truly delighted to have Gregg on our team."

Prior to joining Freescale, Mr. Lowe served as Senior Vice President of Analog at Texas Instruments. Under his leadership, TI became the chip industry's leading analog company. He also directed TI's $6.5 billion acquisition of National Semiconductor.

Mr. Lowe earned a Bachelor of Science degree in electrical engineering from Rose-Hulman Institute of Technology in Terre Haute, Indiana, and graduated from the Stanford Executive Program at Stanford University. He is a recipient of the Rose-Hulman Institute's Career Achievement Award, honoring his community service and semiconductor industry accomplishments. Mr. Lowe serves on the board of the Rock & Roll Hall of Fame in Cleveland, Ohio, and chairs the board's education committee. He also serves on the board of the Baylor Health Care System Foundation.

Silicon Labs
Silicon Labs (NASDAQ: SLAB) is a leading provider of silicon, software and solutions for a smarter, more connected world. Our award-winning technologies are shaping the future of the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets. Our world-class engineering team creates products focused on performance, energy savings, connectivity and simplicity.

Cautionary Language
This press release may contain forward-looking statements based on Silicon Labs' current expectations. The words "believe," "estimate," "expect," "intend," "anticipate," "plan," "project," "will" and similar phrases as they relate to Silicon Labs are intended to identify such forward-looking statements. These forward-looking statements reflect the current views and assumptions of Silicon Labs and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Please refer to Silicon Labs' filings with the SEC for a list of some of the potential risk factors. Silicon Labs disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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