TRPH doubling in A/H on news of Samsung contract.
SAN JOSE, Calif., May 5, 2003 (BUSINESS WIRE) --
Tripath Technology Inc. (Nasdaq:TRPH), creators of Class T advanced 1-bit Digital Audio Amplifiers, announced today that its TA1101B, TA2024 and TA2020 digital audio amplifiers have been selected to power Samsung's three types of flat panel TV products.
Tripath's Class-T TA1101B digital audio amplifier is featured in Samsung's LCD (Liquid Crystal Display) TV, LT15N1 (15-inch), LT17N1 (17-inch), LT15E3 (15-inch), and LT17E3 (17-inch), and PDP (Plasma Display) TV, SPD-42P2S, SPD-42P3S, SPD-50P2H, SPD-50P3H, and SPDP63P3H, the world's largest plasma display TV. In addition, Samsung's DLP (Digital Light Processing) TV's, SVP-50L2HX (50-inch) and SVP-61L2HX (61-inch) feature the TA2020. Samsung is known for its advanced technology in flat panel displays such as LCD and PDP, and offers the world's largest flat panel TV in the market today.
"We are very pleased that Tripath's digital amplifiers are featured by Samsung, one of the flat panel TV leaders across a broad spectrum of flat panel display products," said Graham Wright, Vice President of Sales and Marketing for Tripath. "Tripath continues to demonstrate its leadership position in the plasma and flat panel market having previously announced design wins with Aiwa, Hitachi, Sanyo, Sharp, and Toshiba. Flat panel TV's will continue to grow in popularity and become mainstream consumer products in the future."
About Advanced Class T 1-bit Digital Audio Amplifiers
Tripath's advanced Class T 1-bit digital audio amplifiers rely on a fundamentally new approach to amplifier design utilizing semiconductor-based amplifiers that provide significant performance, power efficiency, size and weight advantages over traditional amplifier technology.
About Tripath Technology
Based in San Jose, California, Tripath Technology is a fabless semiconductor company that focuses on providing highly efficient power amplification to the consumer electronics and communications markets. Tripath owns the proprietary technology called Digital Power Processing (DPP(R)), which combines modern advances in digital signal processing and power processing. Tripath's current customers include leading consumer electronic and computer companies, such as Aiwa, APEX, Apple Computer, Denon, Hitachi, Motorola, Onkyo, Samsung, Sharp, and Sony, as well as DSL communications equipment provider, Alcatel, who uses Tripath's power efficient line drivers for central office applications. For more information please visit our web site at tripath.com.
About Samsung
Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, and digital convergence technology. Samsung Electronics employs approximately 64,000 people in 89 offices in 47 countries. The company is the world's largest producer of memory chips, TFT-LCDs, CDMA mobile phones, monitors and VCRs. Samsung Electronics consists of four main business units: Digital Media Network, Device Solution Network, Telecommunication Network and Digital Appliance Network Businesses. For more information, please visit samsung.com.
Safe Harbor Statement -- Certain matters discussed in this news release, including express or implied statements concerning consumer electronics manufacturers and the consumer electronics market, are forward-looking statements. The actual results may vary for those stated or implied from the forward-looking statements as a result of a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance of our customers' products, the lengthy sales cycle, proprietary rights of the Company and its competitors, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings.
SOURCE: Tripath Technology Inc.
Tripath Technology Inc. David P. Eichler, 408/750-6801
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