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Exar to Open NASDAQ Stock Market on August 4, 2011

FREMONT, Calif., Aug. 1, 2011 /PRNewswire/ -- Exar Corporation (Nasdaq: EXAR) will mark its 40th anniversary as a semiconductor enterprise and 25th anniversary as a NASDAQ-listed company by conducting the market open ceremony at 6:30 a.m. PDT on August 4, 2011. Pete Rodriguez, Exar's President and Chief Executive Officer and Kevin Bauer, Exar's Senior Vice President and Chief Financial Officer together with other Exar executives will open the NASDAQ Stock Market.

Immediately preceding the market open ceremony, Pete Rodriguez will be interviewed for the NASDAQ CEO Signature Series.

The 6:30 a.m. PDT market opening will be broadcast live on the NASDAQ Tower in Times Square and made available to television outlets. The Market Opening ceremony will also be webcast live at www.NASDAQ.com .

Exar was founded in April of 1971 in Sunnyvale, California and conducted its IPO and was listed on the NASDAQ stock market in August of 1985.

About Exar

Exar Corporation delivers highly differentiated silicon, software and subsystem solutions for data communication, storage, consumer and industrial applications. For over 40 years, Exar's comprehensive knowledge of end-user markets along with the underlying analog, mixed signal and digital technology has enabled innovative solutions that meet the needs of the evolving connected world. Exar's product portfolio includes power management and interface components, communications products, storage optimization solutions, network security and applied service processors. Exar has locations worldwide providing real-time customer support to drive rapid product development. For more information about Exar, visit: www.exar.com.

SOURCE Exar Corporation