Sipex CEO to Speak at Credit Suisse's SC3: Semiconductor and Supply-Chain Summit

MILPITAS, Calif., May 11 /PRNewswire-FirstCall/ -- Sipex Corporation today announced that Ralph Schmitt, CEO of Sipex Corporation, will speak at 3:45 p.m. on Tuesday, May 15, 2007 at Credit Suisse's SC3: Semiconductor and Supply-Chain Summit. The event will take place at Credit Suisse located at Eleven Madison Avenue in New York City. Mr. Schmitt will cover the company's performance and the strategy behind the proposed merger with Exar.

About Sipex Corporation

Sipex Corporation is an analog semiconductor company that addresses standard linear and application specific standard products (ASSP) for customer systems that are primarily targeted at the consumer, networking and industrial markets. The products are categorized into three synergistic areas of power management, interface and optical storage. Sipex is a global company with operations in Asia, Europe and North America. It is the mission of the company to create innovative analog products that enable customers to produce differentiated products. For more information about Sipex, visit http://www.sipex.com/.

For additional information, contact: Ralph Schmitt, Chief Executive Officer Phone: [phone] Fax: [phone] Email: [e-mail]