Microsemi Corporation Named Outstanding Technology Company at TechAmerica's 19th Annual High-Tech Innovation Awards
ALISO VIEJO, Calif., June 19, 2012 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it was named Outstanding Technology Company at TechAmerica's 19th Annual Orange County High-Tech Innovation Awards event. The awards recognize outstanding achievements and innovation by technology leaders in Orange County, Calif.
Judging criteria for the Outstanding Technology Company award included the organization's technological breakthroughs, ability to cater to and anticipate the needs of the markets it serves, competitive advantages and financial performance. The company's community leadership, charitable involvement and educational partnerships were also considered.
"We are honored to receive this award from TechAmerica, an important organization that supports innovation and contributes significantly to the growth of technology here in Orange County," said James J. Peterson, Microsemi's president and CEO. "This recognition reflects our entire team's continued hard work, dedication and talent. They are truly what makes Microsemi an outstanding technology company."
Microsemi and other winners were recognized on the evening of June 14, 2012 during a ceremony at the Hilton Costa Mesa that drew luminaries from local high-tech companies, financial and government institutions, as well as academic leaders, educators, students and investors. For more information, visit www.techamerica.org/hta19.
TechAmerica is the leading voice for the U.S. technology industry—the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,000 member companies of all sizes from the public and commercial sectors of the economy, it is the industry's largest advocacy organization and is dedicated to helping members' top and bottom lines. TechAmerica is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). Learn more about TechAmerica at www.techamerica.org.
Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense and security, aerospace, as well as industrial and medical markets. Products include mixed-signal integrated circuits, SoCs and ASICS; programmable logic solutions; power management products; timing and voice processing devices; RF solutions; discrete components; and Power-over-Ethernet ICs and midspans. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,000 employees globally. Learn more at www.microsemi.com.
Microsemi and the Microsemi logo are registered trademarks or service marks of Microsemi Corporation and/or its affiliates. Third-party trademarks and service marks mentioned herein are the property of their respective owners.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to its Outstanding Technology Company award from TechAmerica, and its potential effects on future business, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. 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 and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.
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