SMTC Provides Business Update -- Raises Q4 Forecast, Provides 2012 Guidance

    Confirms prior guidance for improved financial performance in Q4 and beyond
    Raises Q4 guidance to $4.0 million EBITDA on revenue of $69 million
    Introduces new 2012 EBITDA guidance to equal or exceed $13 million, and 2012 revenue guidance to equal or exceed $240 million
    Guides for $825,000 Q3 EBITDA, pre 1-time costs (related to restructuring and refinancing) on revenue of $44 million

SMTC Corporation (Nasdaq:SMTX - News) (TSX:SMX.TO - News) ("SMTC"), a recognized global electronics manufacturing services provider, today provided a Q3, Q4, and 2012 business update.

SAN JOSE, Calif., October 10, 2011 - Magma® Design Automation (Nasdaq: LAVA), a provider of chip design software, brings its Silicon One Seminar Series to Europe next month, with one-day seminars to be held in the UK and France. The European dates are part of a global roadshow which includes events in the US, Korea, China, Taiwan, Japan and Israel. Magma will host the France seminar on Tuesday 8th November at Sophia Antipolis, and on Thursday 10th November in London.

Each one-day seminar will comprise two technology tracks, entitled "Leading-Edge System-on-Chip Performance in Half the Time" (featuring Magma’s Talus® and Tekton™ Technologies) and "Advanced Analog and Mixed-Signal Design in Half the Time" (to include Titan™ and FineSim™ Technologies).

SAN JOSE, Calif., Oct. 5, 2011 – Magma Design Automation Inc. (Nasdaq: LAVA), a provider of chip design software, today announced that Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor

markets, has used FineSim™ SPICE multi-CPU circuit simulation technology to tape out two highly integrated synchronous switching voltage regulators. The AP6502 and AP6503, 340 kHz switching frequency external compensated synchronous DC/DC buck converters, are designed for use in consumer electronics systems such as digital TVs, LCD monitors and set-top boxes, which require ultra-efficient voltage conversion. Utilizing FineSim SPICE multi-CPU simulation technology, Diodes Incorporated significantly reduced simulation runtime, enabling them to increase simulation coverage by 3X to 4X without sacrificing accuracy.

Microsemi Corporation to Acquire Zarlink Semiconductor Inc.

- Microsemi amends offers to acquire all of the outstanding common shares and debentures of - Zarlink to CAD$3.98 per share and CAD$1,624.49 per CAD$1,000 principal amount of debentures, respectively

Microsemi Corporation (NASDAQ: MSCC - News), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and Zarlink Semiconductor Inc. (TSX: ZL.TO - News), a leading provider of mixed-signal chip technologies for a broad range of communications and medical applications, announced today that they have entered into a Support Agreement pursuant to which Microsemi, through a wholly-owned subsidiary (the "Offeror"), will amend its existing offers to increase the price offered for all of the issued and outstanding common shares (the "Shares") and 6% unsecured, subordinated convertible debentures maturing September 30, 2012 (the "Debentures") of Zarlink by 19% to CAD$3.98 in cash per Share and CAD$1,624.49 in cash per CAD$1,000 principal amount of Debentures plus accrued and unpaid interest to the date Debentures are taken up (the "Amended Offers").