Novel DC/DC Converter from STMicroelectronics Shortlisted for Semiconductor Product of the Year

Geneva, September 22,2006 - STMicroelectronics (NYSE: STM) announced that its award-winning STw4141 DC/DC converter has appeared on the shortlist for the Semiconductor Product of the Year in the European Electronics Industry Awards (Elektra 06). Organized by Electronics Weekly magazine, the annual Elektra awards honor outstanding electronic products, companies, and professionals, as selected by an independent panel of industry experts.

ST’s patented STw4141 DC/DC converter chip allows, for the first time, two different output voltages to be generated using a single external coil. This novel approach reduces both the number of parts in pc-board area and manufacturing cost in applications that require two separate power rails, such as baseband and multimedia processors in mobile phones, digital still cameras, and PDAs.

Earlier this year, the STw4141 DC/DC converter won EDN magazine’s prestigious Innovation of Year Award for 2005 in the Power IC category. The product was also chosen as a runner up in the 2006 Design News Golden Mousetrap Awards in the Power Management and Control category.

The winners of this year’s European Electronics Industry Awards in each of the 14 categories will be announced during the Electronica trade show in Munich, Germany on November 15.

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About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today’s convergence markets. The Company’s shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2005, the Company’s net revenues were $8.88 billion and net earnings were $266 million. Further information on ST can be found at www.st.com.

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