Genesis Microchip Wins Fabless Semiconductor Association Award Fourth Year in a Row; Genesis Once Again Recognized For Outstanding Financial Performance
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 3, 1999--The Fabless Semiconductor Association (FSA) recognized Genesis Microchip (Nasdaq:GNSS) as an Outstanding Financial Performer at the FSA's fifth Anniversary Dinner Celebration on Dec. 2, 1999. The event attracted more than 1,000 of the industry's top executives.
The FSA recognized those companies that doubled revenue or net income year-over-year for the twelve-month period ending September 1999. Genesis Microchip was one of the winners of the Outstanding Financial Performance awards. The company's year-over-year revenue growth was 189 percent. This is the fourth consecutive year Genesis has won this prestigious award, an unprecedented achievement for an FSA member.
The FSA 1999 Anniversary Dinner Celebration was sponsored by leading fabless partners and industry supporters: 1st Silicon, Advantest, American Microsystems, Inc. (AMI), ASAT, Banc of America Securities, Chartered Semiconductor Manufacturing, Deutsche Banc Alex.Brown, Ernst & Young LLP, Mentor Graphics Corporation, Merrill Lynch, Numerical Technologies, Robertson Stephens, Salomon Smith Barney, Simplex Solutions, Synopsys, Teradyne, TSMC and UMC Group.
About the Fabless Semiconductor Association
The Fabless Semiconductor Association (FSA) is an industry organization with a singular goal: to establish fabless as a key business model in the semiconductor industry. The FSA was founded in 1994 by industry leaders looking to achieve an optimal balance between wafer demand and capacity for fabless companies. Since then, the FSA's mission has been clear: to support the fabless business model by encouraging an ongoing, symbiotic relationship between fabless semiconductor companies and suppliers. The FSA can be reached on the World Wide Web at www.fsa.org.
About Genesis Microchip
Genesis Microchip Inc. (Nasdaq:GNSS) -- an ISO9001-registered company -- designs, produces and markets highly integrated semiconductors for flat panel displays, home theater equipment, projection systems, video workstation gear and dozens of other applications. You can find Genesis chips in products from Acer, Apple Computer, Daewoo, Dell, Fujitsu, IBM, In Focus Systems, Hitachi, LG Electronics, Mitsubishi, NEC, Philips, Samsung, SGI, Sharp, Sony, Tatung, ViewSonic and more than 200 other companies. Genesis Microchip is headquartered in Thornhill, Ontario, Canada, while its U.S. subsidiaries are located in San Jose and Mountain View, California. Further information is available at: www.genesis-microchip.com.
CONTACT:
FSA
Jodi Shelton/Debbie Scoggin, 972/866-7579
(Fax) 972/239-2292
jshelton@fsa.org
dscoggin@fsa.org
or
Genesis Microchip
Robert Hunter, 905/763-4261
rob@genesis-microchip.com
www.genesis-microchip.com |
