Microsemi Taps WAMCO to Distribute Its New High Brightness Aviation White LEDs.Business Editors/High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--Jan. 22, 2003 -- Specializes in Aerospace Lighting Products -- Provides Technical Support Microsemi Corp. (Nasdaq:MSCC MSCC Motlow State Community College (Lynchburg, TN) MSCC Morgan Sports Car Club MSCC Manila Sports Car Club MSCC Mission Springs Community Church (Fremont, CA) MSCC Mazda Sports Car Club ), a leading manufacturer of discrete semiconductors and power management integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , today announced that WAMCO WAMCO White Alomar Molitor Carter Olerud (legendary baseball lineup) Inc., a distribution leader in lighted components for aerospace applications, will distribute Microsemi's new line of "Aviation White" high brightness white light emitting diodes See LED. (LEDs) into that market. Aviation White LEDs represent one segment of Microsemi's newly introduced line of white LEDs featuring its exclusive Optomite(TM) package that provides exceptional color consistency across the color spectrum of individual devices, as well as across production lots -- both longstanding industry problems. WAMCO's strong technical background provides assistance to design engineers in the selection of lighting components for a variety of aircraft applications, including master caution systems, audio control panels, flight management systems, illuminated switches, and integrated panels/bezels. The integration of Microsemi's innovative parts and WAMCO's strong application support for lighting engineers also plays to Microsemi's strengths as a long-time leader in high-reliability military and space products. "We feel that our Aviation White LED products are ideally suited for aerospace applications. We believe that the combination of lighting expertise our two groups bring to aerospace customers is unmatched," said James J. Peterson, Microsemi president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . For more information and volume pricing of the Aviation White products specific to the aerospace market, contact WAMCO, www.wamcoinc.com. Complete information on Microsemi's entire line of LEDs and LED drivers is available on the Microsemi Web site, www.Microsemi.com. About Microsemi Microsemi is a leading designer, manufacturer and marketer of analog, mixed-signal and discrete semiconductors. The company's semiconductors manage and control or regulate power, protect against transient voltage spikes and transmit, receive and amplify signals. Microsemi's products include individual components, as well as complete circuit solutions that enhance customer designs by improving reliability, battery optimization, reducing size or protecting circuits. Markets the company serves include mobile connectivity, computer/peripherals, telecom/datacom, medical, industrial, automotive, digital media, space/satellite and military. More information may be obtained by contacting the company directly or by visiting its Web site at http://www.microsemi.com. Please read the following factors that can materially affect Microsemi's future results. "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: Any statements set forth in the news release that are not entirely historical and factual in nature are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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 labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience , acquiring and integrating new operations or assets, closing or disposing of operations or assets, rapidly changing technology and product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , the potential inability to realize cost savings or productivity gains and to improve capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. , 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called 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-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on Dec. 19, 2002, filed by Microsemi with the Securities and Exchange Commission. Microsemi does not undertake to supplement or correct any information in this release that is or becomes incorrect. |
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