Cypress Timing Technology Encounters High Demand in Communications Market.Business Editors/High-Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 1, 2000 Sales to High-Margin Market Segments, Including Wireless Infrastructure, WAN, Consumer Set-Top Boxes and Video Games Approach Two-Thirds Mark in Q300 Cypress Semiconductor (NYSE NYSE See: New York Stock Exchange :CY), the worldwide leader in timing solutions for high-performance communications systems, today announced that surging demand for its Timing Technology products in the communications market has surpassed the continuing strong demand in the PC market, with non-PC clocks now accounting for 63% of Cypress's clock sales. This rapid acceptance underscores Cypress's focus on communications market segments and is being driven by robust sales into fast-growing target markets, including wireless infrastructure; wide area networks (WANs) and access solutions; and consumer products such as set-top boxes, video games and digital cameras. Cypress's Timing Technology portfolio includes a broad array of timing solutions, such as field- programmable clocks, which enhance design flexibility and speed time to market; clock distribution products, including the RoboClock(R) programmable-skew clock buffer for high-speed communications applications; PREMIS PREMIS Pesticide Residue Elimination Management Information Service PREMIS Professional Real Estate Management Information System (TM) spread-spectrum devices to reduce peak electromagnetic interference See EMI. ; and application-specific solutions for access equipment. "As demand for bandwidth continues to increase, system timing becomes ever-more critical to design success for a broad range of next-generation systems," said Ian Chen, marketing director for Cypress's Timing Technology Division. "While Cypress remains committed to providing innovative, high-quality PCsolutions, our core competencies in programmability, EMI-suppression and skew control place us in a unique position to serve applications that require maximum flexibility, high-performance and optimal precision." About Cypress Cypress Semiconductor is "Driving the Communications Revolution"(TM) by providing high-performance integrated circuit solutions to fast-growing markets, including data communications, telecommunications, computation, consumer products, and industrial control. With a focus on emerging communications applications, Cypress's product portfolios include networking-optimized and micropower static RAMs; high-bandwidth multi-port and FIFO (First In First Out) A storage method that retrieves the item stored for the longest time. Contrast with LIFO. See traffic engineering methods. FIFO - first-in first-out memories; high-density programmable logic devices; timing technology for PCs and other digital systems; and controllers for Universal Serial Bus See USB. (hardware, standard) Universal Serial Bus - (USB) An external peripheral interface standard for communication between a computer and external peripherals over an inexpensive cable using biserial transmission. (USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ). Cypress is No. 1 in the USB and clock chip markets. More than two-thirds of Cypress's sales come from fast-growing communications markets and dynamic companies such as Alcatel, Cisco, Ericsson, Lucent, Motorola, Nortel Networks, and 3Com. Cypress's ability to mix and match its broad portfolio of intellectual property enables targeted, integrated solutions for high-speed systems that feed bandwidth-hungry Internet applications. Cypress aims to become the preferred silicon supplier for Internet switching systems and for every Internet data stream to pass through at least one Cypress IC. Cypress employs more than 4,100 people worldwide with international headquarters in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. . Its shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CY. More information about Cypress is accessible electronically on the company's worldwide Web site at http://www.cypress.com or by CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). (call 800/858-1810). An electronic investor forum, and other investor information, is located at http://www.cypress.com/investor/index.html. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements herein that are not historical facts are "forward-looking statements" involving risks and uncertainties, including by not limited to: the effect of global economic conditions, shifts in supply and demand, market acceptance, the impact of competitive products and pricing, product development, commercialization and technological difficulties, and capacity and supply constraints. Please refer to Cypress's Securities and Exchange Commission filings for a discussion of such risks. |
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