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Technology Stocks : Pericom Semiconductor PSEM

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To: Joanne Fishman who wrote (520)10/20/2000 11:21:39 AM
From: Joanne Fishman  Read Replies (1) of 532
 
Pericom Semiconductor Ranks in Forbes List of 200 Best Small Companies


Second Consecutive Year Interface IC Maker Makes List

SAN JOSE, Calif., Oct. 18 /PRNewswire/ -- Pericom Semiconductor Corporation (Nasdaq: PSEM), a leading supplier of high-speed and mixed signal integrated circuits, today announced it has been ranked 116th in the 2000 Forbes 200 Best Small Companies Annual Survey.

This is the second consecutive year Pericom has made the Forbes list, moving up from last year's 164th place. The ranking recognizes public U.S. companies for their financial performance over the past five years.

"We are very delighted to be ranked 116th in Forbes 200 listing of the best small companies in the United States," said Alex Hui, president and CEO of Pericom. "Our ranking is a confirmation and reflection of our commitment to achieve growth and profitability."

Pericom Semiconductor has a portfolio of more than 450 high-performance interface integrated circuits (ICs) for the transfer, routing and timing of high-speed digital and analog signals within and between computer and networking systems.

Forbes 200 Best Small Company rankings are based upon a five-year average ROE, company sales, profits and overall market value. According to Forbes, the list "highlights the hottest growth prospects in American business."

About Pericom

Pericom Semiconductor Corporation designs, develops, and markets high-performance interface integrated circuits (ICs) for the transfer, routing, and timing of high-speed digital and analog signals within and between computer and networking systems. The company's high-performance interface ICs are essential for the full utilization of the speed and bandwidth built into today's advanced microprocessors, memory ICs, LANs, and WANs. The company offers more than 450 products in its SiliconInterface, SiliconSwitch, SiliconClock, and SiliconConnect families, giving customers a wide array of interface IC solutions.

Company headquarters are located in San Jose, California. Phone: 408-435-0800. Web site: pericom.com.

NOTE: Certain matters discussed in this press release may contain forward-looking statements that may involve risk and uncertainties including, but not limited to, future revenues, earnings prospects and the Company's ability to execute its business plan. Although Pericom believes that its expectations are based on reasonable assumptions, it can give no assurance that anticipated results will occur. Parties receiving this release are encouraged to review all filings made by the Company with the Securities and Exchange Commission.

SOURCE Pericom Semiconductor Corporation

CO: Pericom Semiconductor Corporation

ST: California

IN: CPR TLS

SU:
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