EXHIBIT 1 CALIFORNIA MICRO DEVICES CORPORATION	 							NEWS RELEASE 						 Company	 Wade Meyercord 						 Contact:	Chairman of the Board 								(408)263-3214 					Agency	 Ira Weingarten 						Contact:	Equity Communications 								(805)897-1880 						For Release:	1:00 PM Pacific Time Milpitas, CA, July 21, 1995 - California Micro Devices Corporation (CMD), headquartered here, announced that Mr. Chan Desaigoudar has resigned as a director of the Company, effective July 20, 1995. Mr. Desaigoudar was Chairman and CEO of the Company until October 27, 1994, when he was replaced and named Vice Chairman. On December 2, 1994, the Company terminated the employment of Mr. Desaigoudar and several other key management employees due to accounting and other irregularities uncovered during the course of an internal investigation. At that time, Mr. Desaigoudar declined to resign as a director. California Micro Devices is a designer, manufacturer and marketer of integrated passive electronic components, which its calls IPECTM. CMD's silicon-based, thin film products are smaller, faster and integrate well into the major electronic industry trends toward smaller, portable equipment, higher frequencies and greater functionality. 215 TOPAZ STREET, MILPITAS, CA 95035-5630 PHONE (408)263-3214 FAX (408)263-7846 PAGE FIVE OF FIVE