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ATMEL CORPORATION

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The following is an e-mail communication sent on behalf of Atmel Corporation in response to media inquiries on the evening of May 1, 2007:

“The Perlegos nominees are by no means “independent” of George Perlegos who is personally paying each of them $100,000 to simply stand for election at the special and annual meetings. In that regard, it’s clear to us that any new CEO his nominees choose will effectively be chosen by George Perlegos. We believe stockholder value is at risk if George Perlegos gains control of Atmel again. In fact, his poor operational record and ethical failings provide ample basis to oppose his hand-picked, personally paid nominees who have limited experience in the semiconductor industry.

In contrast, Atmel’s Board and new management team, led by Steve Laub, are driving a significant transformation at Atmel. Over the past few months, we have refocused the Company on its core microcontroller business, sold our Irving, Texas facility, halted development on unprofitable and underperforming products, reduced headcount, and expanded our senior management team. These actions, and others, are leading to improved financial performance and stockholder returns, as demonstrated by Atmel’s first quarter results and stock price gains since George Perlegos was terminated for cause. However, this is only the beginning. We expect to announce and implement additional actions throughout 2007 to further enhance Atmel’s profitable growth and unlock value for stockholders.”