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SUNNYVALE, Calif., Nov. 8 /-- SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI) today announced the receipt of the Fabless Semiconductor Association's (FSA) 1996 award for outstanding financial performance by a fabless semiconductor company, as measured by a doubling of annual revenue from September 1995 to September 1996. SST was one of three companies recognized by FSA at their second anniversary dinner held Thursday, November 7, 1996. "We are extremely pleased to be recognized for outstanding financial performance by our peers," said Bing Yeh, president and CEO. "I wish to thank SST's employees, sales representatives, and distributors worldwide for their extra effort during this past year, an especially difficult year for the semiconductor industry." Recently, SST ranked 17th on the National Technology Fast 500 Yearbook of the Nation's fastest growing technology companies. The National Technology Fast 500 is published by TechNews Inc., a subsidiary of The Washington Post Company. In May 1996, SST ranked 5th on the Inc. 100, America's 100 fastest growing small public companies, published by Inc. Magazine. |