Semtech Selects Avnet Memec as Distributor for the Gennum product lines in Europe

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Poing, Germany, 29 January 2013 – Avnet Memec, an Avnet, Inc. (NYSE: AVT) company, a leading global technology distributor, today announced the expansion of its distribution agreement with Semtech. Following Semtech’s acquisition of Gennum early in 2012, Avnet Memec will now support and sell the Semtech owned Gennum datacom and video broadcast products across Europe, except in the UK and Ireland.

“The addition of optical, video, broadcast and surveillance devices to the Semtech portfolio opens up great opportunities for Avnet Memec in Europe,” commented Steve Haynes, president at Avnet Memec. “We will be bringing our customers across many of our vertical markets a cutting-edge range of communications components backed by expert engineering support.”

Hans Carper, director European sales of Semtech continued, “Avent Memec has done a superb job of driving growth of existing Semtech high-speed communications platforms throughout Europe and therefore was the natural choice as distributor for the Gennum data communications and video portfolio. I look forward to working with the team in Europe to build on that growth in the future.”

Semtech Coroporation completed the acquisition of Gennum in March 2012 adding high speed analogue and mixed-signal semiconductors for the optical communications and video broadcast markets to its existing portfolio.

About Semtech

Semtech Corporation is a leading supplier of analogue and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit http://www.semtech.com

About Avnet Memec

Avnet Memec, a business unit of Avnet Electronics Marketing EMEA, is a highly specialised semiconductor distributor, operating on a pan-European basis and employing a significant number of engineers to support customers’ design efforts. Avnet Memec specialises in highly innovative suppliers and technologies, which will help a variety of customers to differentiate their designs. Its area of specialisation extends from Analog and Microcontrollers to RF, Datacom and Networking. The business unit operates out of 31 offices in 19 European countries and represents major semiconductor franchises on a pan-European basis. www.avnet-memec.eu

Media Contact Avnet Memec

Tom Oelschlaeger – Director Marketing & Communications

Avnet Memec

Phone: +49 (0) 8121 775 146

E-Mail: tom.oelschlaeger@avnet-memec.eu

Press Contact:

Nicki Langley - Neesham Public Relations

Tel: +44 (0) 1622 210080

Email: nickil@neesham.co.uk