CEL Congratulates NEC Electronics on Completion of Merger with Renesas Technology Corporation

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April 1, 2010
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CEL Congratulates NEC Electronics on Completion of Merger with Renesas Technology Corporation

New entity continues CEL partnership; minimal impact to CEL from merger

SANTA CLARA, Calif., April 1 -- California Eastern Laboratories (CEL) congratulates our long-standing partner, NEC Electronics, on the completion of its merger with Renesas Technology Corporation.  The new entity, Renesas Electronics Corporation, continues its 50 year partnership with CEL.

Product Supply Uninterrupted

The supply of CEL products that come from NEC Electronics, including RF switches, power amplifiers, low noise amplifiers, optocouplers, solid state relays, lasers, and detectors, will continue without interruption.

"We are delighted that the uncertainty caused by the pending merger is behind us.  Now, without any distractions, CEL and the new Renesas can confidently bring the best RF and optical semiconductors to market," said Paul Minton, President and CEO for California Eastern Laboratories.

Merger Impact Minimal

"Mergers happen, but we are still us. We are still CEL, dedicated to the same great products and same great service our customers have come to expect. And we are looking forward to another 50 plus years of working with the new Renesas and serving our key customers and partners," continued Mr. Minton.

  For more information on the merger, please visit:

  http://www.cel.com/merger

Please contact David Cohen at david.cohen@cel.com for more information or to arrange a briefing.

About CEL

California Eastern Laboratories (http://www.cel.com) the exclusive sales and marketing partner for products made by the Compound Semiconductor Devices Business Division (CSDBD) of Renesas Electronics Corporation. These products include wireless RFICs and discrete devices, lasers and detectors for fiber optics, optocouplers, and solid state relays. Renesas Electronics is a leader in manufacturing quality and reliability.

Source: California Eastern Laboratories
   

CONTACT:  David Cohen of California Eastern Laboratories,
+1-408-242-3755, david.cohen@cel.com

Web Site:  http://www.cel.com/

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