Digi-Key and Semtech Sign Distribution Agreement

THIEF RIVER FALLS, Minnesota, USA - June 8, 2006

Partnership with customer service leader gives engineers a new option for prototype quantities

Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed signal semiconductors for communications, portable devices, computers and industrial equipment, along with Digi-Key Corporation, a proven leader in electronic component distribution, today announced the signing of a distribution agreement.

Access to Semtech’s power management, protection and embedded wireless modules is available to customers through Digi-Key’s print and online catalogs. Digi-Key offers Semtech customers its exceptional customer service for both engineering and production needs, including product availability, same-day shipping and on-time delivery. Digi-Key will serve as Semtech’s primary source for customers seeking small quantities of devices to build prototype designs.

Semtech’s power management products offer a competitive edge in their high efficiency, design features, versatility, protection features and small size. The company’s innovative transient voltage suppression (TVS) devices, with their low clamping voltage and low capacitance, meet the industry’s toughest transient immunity standards. Moreover, its wireless and sensing product portfolio offers ultra-low power consumption and low-voltage levels, bringing value to the engineering community for next generation, highly integrated battery-powered wireless designs.

“Innovation is a key to Semtech’s success – We’re constantly improving performance, integration and features of our products, which makes it imperative to our sales efforts that we have a good outlet for engineers who are designing prototypes,” said Jose Vargas, Semtech’s director of Worldwide Sales and Marketing. “The team at Digi-Key has built an excellent reputation in helping customers with these needs, and we are confident in the success of this partnership.”

“Power, protection and wireless integration are all becoming greater challenges for our customers, which makes this the right time for Digi-Key to offer them Semtech’s advanced analog and mixed signal solutions,” said Mark Larson, Digi-Key’s president and COO. “These products, teamed with our commitment to fast turnaround and excellent customer service will be the success drivers for this partnership with Semtech.”

About Digi-Key Corporation

Digi-Key Corporation, based in Thief River Falls, Minn., is a global, full-service provider of both prototype/design and production quantities of electronic components, offering more than three million products from over 650 quality name-brand manufacturers. With over one million products in stock and an impressive selection of online resources, Digi-Key is committed to stocking the broadest range of electronic components in the industry and providing the best service possible to its customers. Additional information and access to Digi-Key's broad product offering is available on the Digi-Key website.

About Semtech

Semtech Corporation is a leading supplier of high quality analog and mixed signal semiconductor products. The company is dedicated to providing customers with proprietary solutions and breakthrough technology in power management, protection, advanced communications, human interface, test and measurement and wireless connectivity products. Publicly traded since 1967, Semtech is listed in on the NASDAQ National Market under the symbol SMTC. For more information, contact Semtech Corporation at 200 Flynn Road, Camarillo, CA 93012-8790; phone (805) 498-2111; email info@semtech.com; or visit its Web site at www.semtech.com.