PARADIGM TECHNOLOGY PROVIDES COMPANY UPDATE
Milpitas, CA -- November 20, 1997 -- One year after beginning the transformation of Paradigm
Technology Inc. (Nasdaq:PRDM) into a lean, fabless semiconductor company focused on the
development and marketing of fast SRAM devices, the management of Paradigm has prepared a
company update which is being sent to shareholders.
The update is a progress report on the company's activities over the past year. The update is also
available at the company's Web site at www.prdm.com .
"Having reached the one-year anniversary of our decision to reorient Paradigm,
lowering costs and focusing our efforts to those areas and markets that offer us the best
opportunities for growth and profit, we thought it would be a good time to review our
progress in 1997 and our goals for 1998.
"We have received a positive initial response to a number of new products introduced
this year and believe that they will have a positive effect on revenues in 1998 and
beyond," stated Michael Gulett, president and CEO.
Paradigm has released three new products in the past several weeks: the PDM31532, a 3.3. nine
nanosecond access time 64K x 16 asynchronous design SRAM targeted to the cellular phone,
high-speed telecommunications, network and portable applications; the PDM4M4110S15M, 512K
x 32-bit, 72-position SIMM module; and the PDM4M4120S15M, a 1 meg x 32-bit, 72-position
SIMM module.
The last two products are targeted to the digital signal processing markets and are useful in robotics
and instrumentation applications.
Bookings, backlog and new product introductions are not a reliable measure of sales for future
periods. Except for historical information contained herein, the matter set forth in this news release
are forward looking statements that are subject to risks and uncertainties, including the impact of
competitive products and pricing, the timely development and market acceptance of new products
and upgrades to existing products availability and cost of products from Paradigm's suppliers,
industry wide shifts in supply and demand for semiconductor products, government actions and other
risks detailed from time to time in Paradigms' SEC reports and filings.
With headquarters in Milpitas, Paradigm Technology designs, develops and markets high-speed,
high-density SRAM semiconductor devices to meet the needs of advanced telecommunications,
networking, workstations, high-performance computers, advanced modems and complex
military/aerospace applications. The company focuses on high-performance, sub-10ns SRAMs
where its technology and product design leadership can best be utilized. Paradigm maintains a
Website at www.prdm.com.
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PARADIGM TECHNOLOGY RECEIVES $1 MILLION FAST SRAM ORDER
Milpitas, CA -- December 15, 1997 -- Paradigm Technology Inc. (Nasdaq:PRDM) Monday announced it has received approximately $1 million of new orders for its fast SRAM devices from a major electronics customer.
The customer is using Paradigm's fast SRAMs in a telecommunications product introduced last year. "We are very pleased to receive these major orders," said Michael Gulett, president and chief executive officer.
"Paradigm has always specialized in producing very fast SRAMs ahead of the
competition. This particular customer first began ordering this very fast SRAM device
about a year ago and has recently dramatically increased its order rate. These orders
are expected to be reflected in Paradigm's revenues over the next few months," he
added. With headquarters in Milpitas, Paradigm Technology designs, develops and markets high-speed, high-density SRAM semiconductor devices to meet the needs of advanced telecommunications |
