Semtech Corp. (NASDAQ:SMTC), a leading supplier of analog and mixed-signal semiconductors for communications, portable devices and industrial equipment, announced that it received an award for Outstanding Financial Performance by a Public Fabless Company at the 2004 Fabless Semiconductor Association (FSA) awards dinner held in Santa Clara, Calif., on Thursday, December 9, 2004. Criterion for the award was either doubled revenue or net income over eight consecutive quarters for the period ending September 2004.
Jason Carlson, Semtech Corporation's Chief Executive Officer was present at the event to accept the award. Mr. Carlson commented, "This award recognizes Semtech's achievement in executing a successful fabless model, a vision that developed from strategic planning efforts started in 1997." Carlson added, "We are proud of this award and of the opportunity to work with other leaders in the semi space to help architect the future of the fabless semiconductor industry."
About the Fabless Semiconductor Association
FSA is the voice of the global fabless business model. Incorporated in 1994, the Association positively impacts the growth and return on invested capital of this business model to enhance the environment for innovation. The FSA provides a platform for meaningful global collaboration between fabless companies and their partners; provides members with timely research and resources; and identifies, debates, and discusses business and technical issues. FSA members include fabless companies and their supply chain and service partners and represent more than 21 countries spanning North America, Asia-Pacific, Europe and the Middle East. www.fsa.org.
About Semtech
Semtech Corporation is a leading supplier of high-quality analog and mixed-signal semiconductor products. The company is dedicated to providing customers with proprietary solutions and breakthrough technology in power management, protection, advanced communications, human interface, and test & measurement products. Publicly traded since 1967, Semtech is listed on the NASDAQ National Market under the symbol SMTC. For more information, contact Semtech Corp. at 200 Flynn Road, Camarillo, CA 93012-8790; phone (805) 498-2111; email to info@semtech.com; or visit www.semtech.com.