ISSI Celebrates 20 Years on NASDAQ
Participating in Closing Bell Ceremony February 11
MILPITAS, Calif., Feb. 11, 2015 /PRNewswire/ -- Integrated Silicon Solution, Inc. (Nasdaq: ISSI), a leader in advanced memory and analog solutions, today announced that members of ISSI's senior management, the ISSI board of directors and the investment community will ring the NASDAQ Stock Market Closing Bell on Wednesday, February 11, 2015. The ceremony celebrates ISSI's 20th anniversary as a public company.
Jimmy Lee, Executive Chairman and Co-Founder of ISSI commented, "ISSI has compiled an impressive record of growth and leadership over the past 20 years. Since our IPO, we have built ISSI into a global supplier of highly specialized memory and analog solutions in growing end markets. Today, customers around the world rely on our products for critical functions in automobiles, industrial and medical equipment, high speed networks, as well as consumer products."
Scott Howarth, ISSI's President and CEO, further commented, "We are very pleased to be celebrating 20 years as a NASDAQ company. I want to thank our employees, customers and investors for their ongoing support as we continue to expand our business and future growth opportunities in order to build upon this multi-decade legacy."
Beginning at 3:45 pm Eastern Time on February 11, a live webcast of the NASDAQ Closing Bell Ceremony will be available at: https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx.
About ISSI
ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) automotive, (ii) communications, (iii) industrial, and (iv) digital consumer. The Company's primary products are high speed and low power SRAM and low, and medium and high density DRAM. The Company also designs and markets NOR flash products and high performance analog and mixed signal integrated circuits. ISSI is headquartered in Silicon Valley with worldwide offices in Taiwan, Japan, Singapore, China, Europe, Hong Kong, India, and Korea. Visit our web site at http://www.issi.com/.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements concerning our growing end markets, continuing to expand our business and future growth opportunities are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include supply and demand conditions in the market place (especially in the automotive market and the industrial market), unexpected reductions in average selling prices for our products, our ability to sell our products in our key markets (including automotive and industrial) and the pricing and gross margins achieved on such sales, our ability to continue to control or reduce operating expenses (including proxy related expenses), our ability to obtain a sufficient supply of wafers, wafer pricing, our ability to maintain sufficient inventory of products to satisfy customer orders, our ability to realize the expected benefits of our acquisitions including maintaining relationships with key customers, vendors and employees, changes in manufacturing yields, order cancellations, order rescheduling, product warranty claims, competition, the level and value of inventory held by OEM customers, the outcome of any existing or future litigation involving intellectual property or other matters (including our existing litigation with GSI) or other risks listed from time to time in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended September 30, 2014 and Form 10-Q for the quarter ended December 31, 2014. The Company assumes no obligation to update or revise the forward-looking statements in this release because of new information, future events, or otherwise.
SOURCE Integrated Silicon Solution, Inc.
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