Jeffrey Belk Brings Qualcomm Experience to Peregrine Semiconductor Board of Directors

Peregrine Semiconductor Corporation, a supplier of the industry´s
most advanced RF-CMOS and mixed-signal communications ICs, today
announced the appointment of former Qualcomm executive Jeffrey Belk to
its Board of Directors. Belk brings a wealth of industry experience to
Peregrine´s Board from his 14-year tenure at Qualcomm, where he held a
variety of senior management positions, including his most recent role
as senior vice president of strategy and market development. In this
position, Belk examined changes in the wireless ecosystem and
formulated approaches to help accelerate mobile broadband adoption and
growth.

In previous Qualcomm positions, Belk was senior vice president,
global marketing, leading all facets of the company´s corporate
communications worldwide; senior vice president and general manager of
Qualcomm´s Eudora e-mail product business; and from 1994 through 1999,
Belk served in a variety of business development and marketing roles,
including vice president, marketing of Qualcomm Consumer Products,
initiating the company´s global positioning and branding. His
expertise in these positions offers Peregrine further resources for
building a company poised for international success.

"Jeff has had a unique career which has bridged both the personal
computer and mobile communications industries, and his efforts in more
than 30 countries have given him exceptional experience in ramping
companies quickly to compete on a global scale," stated Jim Cable, CEO
of Peregrine Semiconductor. "Jeff joins Peregrine at an optimal time
to help guide the business practices required to meet the rapidly
growing worldwide demand for Peregrine´s disruptive UltraCMOS(TM) RFIC
products."

"Peregrine´s innovative technology has emerged as the leading
solution for high-performance RF designs and is poised to
revolutionize the state of RF integration," said Belk. "I am excited
to join the Peregrine Board at this juncture, and look forward to
working with the Peregrine management team as they build a company
which unleashes the power of silicon-on-sapphire and truly exceeds the
demands of its global customers," he concluded.

Prior to Qualcomm, Belk spent ten years in the early growth of the
PC industry, primarily with Proxima Corporation where he held several
significant distribution and product management roles, and was with
the Company through its IPO in the early 1990s. Currently, Belk is a
principal in ICT168 Capital, LLC, a newly formed entity focused on
developing and guiding global growth opportunities in the Information
and Communication Technology market. He is known globally as a
commentator and writer on wireless, mobile broadband and technology
evolution. Belk has a B.A. in Economics from the University of
California, San Diego, and an M.B.A. from the University of
California, Irvine.

About UltraCMOS(TM) Technology

UltraCMOS(TM) mixed-signal process technology is a patented
variation of silicon-on-insulator (SOI) technology on a sapphire
substrate providing with high yields and competitive costs. This
technology delivers significant performance advantages over competing
processes such as GaAs, SiGe BiCMOS and bulk silicon CMOS in
applications where RF performance, low power and high levels of
integration are paramount.

About Peregrine Semiconductor

Peregrine Semiconductor Corporation designs, manufactures, and
markets high-performance communications ICs for the wireless
infrastructure and mobile wireless; broadband communications; space,
defense and avionics markets. Manufactured on the Company´s
proprietary UltraCMOS(TM) silicon-on-sapphire process technology,
Peregrine products are uniquely poised to meet the needs of the global
RF design community in high-growth applications such as WCDMA and GSM
digital cellular, broadband, DTV, DVR and rad-hard space and defense
programs. Peregrine is headquartered in San Diego, California, and
maintains global manufacturing and technical sales support worldwide.