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Technology Stocks : Microsemi (MSCC) Strong Earnings & BTB -- Ignore unavailable to you. Want to Upgrade?


To: SemiBull who wrote (1365)6/24/2002 7:15:02 PM
From: SemiBull  Read Replies (1) | Respond to of 1445
 
Microsemi Launches PanelMatch Inverter Module Family For Powering Cold Cathode Fluorescent Lamp Displays

-- Simplifies Customer Use in Multiple LCD Panel Applications -- Includes Designs for Single, Dual and Quad Lamps -- Targets Notebook, Sub-notebook, Desktop, Industrial Displays

IRVINE, Calif.--(BUSINESS WIRE)--June 24, 2002-- Microsemi Corp. (Nasdaq:MSCC - News), a leading manufacturer of power management integrated circuits, today announced that it has introduced a new line of inverter modules for powering CCFL lamps used in LCD panels for applications ranging from notebook computers to point-of-sale and factory automation displays.

Designated the LXM1617/18/23/24(TM) PanelMatch(TM) Series, the new family's design allows customers to use a single device in multiple applications, thus saving design time and reducing parts inventory. Initial modules are for single- and dual-lamp applications, with a quad-lamp version expected to be available in August 2002.

"Our new PanelMatch approach creates off-the-shelf solutions that greatly simplify customer design-ins for CCFL panels all the way from 3.9 to 18.1 inches in size," said Kelly Jones, Vice President and General Manager of Microsemi Integrated Products. "Programmable output power matching capabilities of LXM1617/18/23/24 modules solves a common customer problem of having to find new inverters any time their panel specifications change," he said.

Key to this expanded output matching capability are two pins of the input connector which allow users to program the maximum output current over a range in binary weighted steps. A choice of 2.2-watt, 4-watt or 6-watt output ratings, input voltages of 3.3V, 5V and 12V, and three output connector styles simplify system integration.

The new modules are based on Microsemi's LX1689(TM) backlight controller that features a patented direct-drive architecture able to extend battery operation in portable applications and provide flicker-free brightness control in ratios typically of 50:1.

The controller's high level of integration eliminates as many as 30 module components while providing cost and performance advantages including stable fixed-frequency operation, secondary-side strike-voltage regulation, open and shorted lamp protection with fault timeout, and an extended temperature rating of -20(degrees)C to 70(degrees)C. PanelMatch modules can be as small as 86x16x4.6mm, depending upon the number of lamps required.

Initial models in the PanelMatch Series include the single-lamp LXM1617(TM) and dual-lamp LXM1623(TM) modules that provide superior display brightness and burst-mode dimming with a typical dim range ratio of 50:1. These modules are targeted for thin film transistor (TFT) panels in notebook, sub-notebook and desktop monitors, portable instrumentation, industrial display controls, high brightness, factory automation and point-of-sale displays.

LXM1618(TM) single-lamp and LXM1624(TM) dual-lamp modules use amplitude control of the output current waveform for reduced dimming in the 5:1 range. These modules are targeted at lower-cost super twisted nematic (STN) panels or applications requiring little or no dimming.

The LXM1617/18/23/24 PanelMatch modules are available for immediate sampling and delivery with 10K quantity pricing from $10.83 for a single lamp inverter and $15.82 for a dual lamp inverter. Complete technical information is available on the Microsemi Web site, www.Microsemi.com. Samples can be ordered through this site, or from Microsemi sales representatives and franchised distributors.

About Microsemi

Microsemi is a leading designer, manufacturer and marketer of analog, mixed-signal and discrete semiconductors. The company's semiconductors manage and regulate power, protect against transient voltage spikes and transmit, receive and amplify signals.

Microsemi products include individual components as well as complete circuit solutions that enhance customer designs by providing battery optimization, reducing size or protecting circuits. Markets the company serves include mobile connectivity, computer/peripherals, telecommunications, medical, industrial/commercial, space/satellite and military.

More information may be obtained by contacting the company directly or by visiting its Web site at microsemi.com.

Read the following factors that can materially affect Microsemi's future results.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Any statements set forth in the news release that are not entirely historical and factual in nature are forward-looking statements. For instance, all statements of belief and expectations are forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Potential risks and uncertainties include, but are not limited to, such factors as the difficulties regarding the making of estimates and projections, the hiring and retention of qualified technical personnel in a competitive labor market, acquiring and integrating new operations or assets, closing or disposing of operations or assets, rapidly changing technology and product obsolescence, the potential inability to realize cost savings or productivity gains and to improve capacity utilization, potential cost increases, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, results of in-process or planned development or marketing and promotional campaigns, changes in demand for products, difficulties foreseeing future demand, effects of limited visibility of future sales, potential non-realization of expected orders or non-realization of backlog, unexpected business and economic conditions or adverse changes in current or expected industry conditions, business disruptions, future effects of the tragic events of Sept. 11, variations in customer order preferences, fluctuations in market prices of the company's common stock and potential unavailability of additional capital on favorable terms, difficulties in implementing company strategies, dealing with environmental matters or litigation, difficulties protecting patents and other proprietary rights, and inventory obsolescence. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-Q filed on May 10, 2002 with the Securities and Exchange Commission. The company does not undertake to supplement or correct any information in this release that is or becomes incorrect.

--------------------------------------------------------------------------------
Contact:

Microsemi Corp., Irvine
David R. Sonksen (financial/investors), 949/221-7101
Cliff Silver (editorial), 949/221-7112



To: SemiBull who wrote (1365)7/6/2002 9:35:11 PM
From: Liatris Spicata  Read Replies (1) | Respond to of 1445
 
SB- That hurts more than a little (if you were long).

But the flip side is, oh what a bargain. Which is just what I took it for as it dropped under six this past week (I've been out for 11 months). I still don't know what their growth prospects are compared with their competitors, but the stock is down to where it started the year 2000- before the former president started courting Wall Street. It got down close to a split-adjusted $4.00 in Dec. 1999, but at least it's within shooting distance of its low in recent years (it was down around a split adjusted $2.50 in the mid-90's).

You have done a nice service of keeping list readers (both of us) informed about the stock. What is your current assessment?

Larry