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 NetLogic Microsystems Announces Common Stock Offering Mountain View, Calif. – March 24, 2010 – NetLogic Microsystems, Inc. (NASDAQ: NETL), today announced that it intends to offer, subject to market and other conditions, approximately 3,200,000 shares of its common stock for sale pursuant to an underwriting agreement with Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. Incorporated serving as joint book-running managers for the offering. Certain former stockholders of RMI Corporation also intend to sell approximately 2,700,000 shares of common stock. NetLogic Microsystems will grant the underwriters the right to purchase up to an additional amount of approximately 885,000 shares, solely to cover over-allotments, if any. NetLogic Microsystems will not receive any proceeds from the sale of shares by the selling stockholders. The proposed offering will be made pursuant to an automatic shelf registration statement that was filed today with the U.S. Securities and Exchange Commission and became effective immediately upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the Securities and Exchange Commission and are available on its website, http://www.sec.gov/. Copies of the preliminary prospectus supplement and base prospectus also may be obtained from:
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About NetLogic Microsystems Cautionary Statement Regarding Forward Looking Statements This news release contains forward-looking statements with the meaning of the U.S. Private Securities Litigation Reform Action of 1995, including the intention of NetLogic Microsystems and some stockholders to sell shares of its common stock. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, our ability to successfully complete the offering on terms and conditions satisfactory to us, the possible adverse impact on the market price of our shares of common stock due to the dilutive effect of the shares of common stock to be sold in the equity offering, customer acceptance and demand for our products, the volume of sales to our principal product customers, , our ability to successfully develop and sell new products, the strength of the OEM networking equipment market and the cyclical nature of that market and the semiconductor industry. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s reports on Forms 10-K/A, as well as other reports that NetLogic Microsystems files from time to time with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and NetLogic Microsystems undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future. Investor Relations Contact:
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