A visiting FAE mentioned this today:

http://www.microchip.com/stellent/idcplg?IdcService=3DSS_GET_PAGE&nodeId=3D=
2018&mcparam=3Den546947

MICROCHIP TECHNOLOGY ANNOUNCES ACQUISITION
OF SILICON STORAGE TECHNOLOGY, INC.

CHANDLER, Arizona - February 3, 2010 - (NASDAQ: MCHP) - Microchip Technolog=
y =

Incorporated, a leading provider of microcontrollers and analog =

semiconductors, announced today that that it has signed a definitive =

agreement to acquire Silicon Storage Technology, Inc. (Nasdaq: SSTI) for =

$2.85 per share in cash. The $2.85 per share represents an approximate 35.7=
% =

premium to the amount that the holders of SST common stock would have =

received under the previously announced merger agreement between SST and =

Technology Resources Holdings, Inc., and an approximate 53.2% premium to th=
e =

closing price per share of SST's stock on November 12, 2009, the last day o=
f =

trading prior to the announcement of the execution of the definitive merger =

agreement with Technology Resources Holdings, Inc. As separately announced =

today by SST, SST has terminated its previously announced merger agreement =

prior to entering into the definitive agreement with Microchip. .

The acquisition has been approved by the Boards of Directors of each compan=
y =

and is expected to close in the second quarter of calendar 2010, subject to =

approval by SST's stockholders and other customary closing conditions.

"SST's Superflash=AE technology and extensive patent portfolio are critical =

building blocks for advanced microcontrollers," said Steve Sanghi, Presiden=
t =

and CEO. "This acquisition enables Microchip to gain earlier access to SST'=
s =

advanced technologies, as well as the ability to customize technology =

variants that can give us an advantage over competing technologies."

"We believe this is an attractive transaction for SST's stockholders, as it =

presents a significant premium to the prior transaction and requires no =

external financing," continued Mr. Sanghi. "We look forward to completing =

this transaction early in the second calendar quarter of 2010."

-- =

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