B: Atmel Reiterates Positive Business Outlook;
B: Atmel Reiterates Positive Business Outlook; Company to Present at Credit Suisse First Boston Technology Conference
I know this company is not exactly in the same business as SNDK. But, I thought you guys could use any good news we can find.
SAN JOSE, Calif., Nov 29, 2000 (BUSINESS WIRE) -- Atmel Corporation
(Nasdaq:ATML) announced today that the Company will present to the investment
community on November 30, 2000, as part of the Credit Suisse First Boston Annual
Technology Conference in Phoenix, Arizona.
Investors are invited to access the presentation at www.atmel.com and
www.csfbtech.com. This webcast of Atmel's presentation will be available live on
Thursday, November 30, 2000, at 9:00 a.m. Pacific Time, and will be archived for
30 days.
Additionally, Donald Colvin, Atmel's Chief Financial Officer, reiterated the
Company's outlook for its fourth quarter as previously stated in Atmel's most
recent quarterly earnings conference call. In particular, revenue is expected to
grow by 7 to 8 percent sequentially, driven by strong demand for Atmel's
products across a wide range of end markets. Stated Colvin, "Business conditions
remain healthy and we are tracking with the guidance given during our last
quarterly earnings conference call."
About Atmel
Founded in 1984, Atmel Corporation is headquartered in San Jose, California,
with principal manufacturing facilities in Colorado Springs, Colorado, Grenoble,
Nantes and Rousset, France and Heilbronn, Germany, Irving, Texas, and North
Tyneside, England. Atmel designs, manufactures and markets on a worldwide basis
advanced logic, mixed-signal, nonvolatile memory, and RF semiconductors. Atmel
is also a leading provider of system-level integration semiconductor solutions
using advanced CMOS, BiCMOS, BiPolar and SiGe process technologies.
Atmel product and financial information can be retrieved from its Fax-on Demand
service. In North America call 800/292-8635. Internationally from a fax phone,
dial 408/441-0732. Requests may be sent via e-mail to literature@atmel.com or by
visiting Atmel's website at atmel.com.
Except for historical information contained herein, the matters set forth in
this press release are forward looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially, including
the impact of competitive products and pricing, timely design acceptance by our
customers, timely introduction of new technologies, ability to ramp new products
into volume, industry wide shifts in supply and demand for semiconductor
products, industry overcapacity, effective and cost efficient utilization of
manufacturing capacity, financial stability in foreign markets, ability to
integrate and manage acquisitions, and other risks detailed from time to time in
the Atmel's SEC reports and filings.
CONTACT: Atmel Corporation, San Jose
Donald Colvin, 408/436-4360
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