ALISO VIEJO, Calif., Oct. 18, 2011 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced that its technology has once again been chosen by the Umicore Belgian Solar Team to help fuel its bid to win the grueling Veolia World Solar Challenge, an endurance event from Darwin to Adelaide for solar powered cars.
This is the eleventh World Solar Challenge event, which is held in Australia every two years. This year's event takes place between Oct.16 and Oct.23, 2011 and is open to participants who have designed and built cars capable of completing the 3000km distance using only energy sourced from the sun or kinetic recovery.
The Umicore Belgian team's car makes use of solar energy, using an array of solar panels managed by solar bypass diodes supplied by Microsemi. It mimics the diode's use in satellite solar panels, where their performance and reliability in the harshest of operating conditions is critical to mission success. The power-generation panels in the team's car will need to deliver around 50kW hours of energy over the course of the race.
The bypass diodes are part of Microsemi's extensive portfolio of energy-management products for applications in alternative energy, oil and gas exploration, electric vehicles, energy saving (including intelligent lighting control) and plasma generation for semiconductor, solar cell, LCD panel and industrial glass manufacturing. In addition to its bypass diodes for solar panels, Microsemi also offers a variety of other solar products including bypass integrated circuits, power modules for solar inverters and programmable SoC devices.
"Microsemi is pleased to have once again been selected by the Belgian Solar Vehicle Team," said Bertho Simons, director of Microsemi's European solar program. "Although good natured, this is an important event which successfully elevates the profile of alternative energy and its role in a cleaner, greener future."
This will be the fourth time the Umicore Belgian Solar Team will be competing in the biennial World Solar Challenge, a competition that is generally considered to be the ultimate challenge for solar car builders. The team will be entered in the prestigious Challenge Class race, in which each car must be personally designed—a rigorous test of professionalism, innovation and ingenuity.
About the World Solar Challenge
The biennial World Solar Challenge is part of the Global Green Challenge, which is an evolution of the historic and very successful World Solar Challenge that has been staged since 1987. The Global Green Challenge combines the technical brilliance of the Solar Cars with the practical results of low emission vehicles destined to the marketplace and individually tested against the harshness of the Australian Environment. In recent years the event has featured a demonstration of practical technology. The practical technologies aspect has come of age and will be presented as a competition with measurable results as an Eco Challenge for a range of low emission and alternative fuel supply vehicles. The Global Green Challenge is organised by the South Australian Motorsport Board and supported by the South Australian and Northern Territory Governments. Major sponsors are the South Australian Tourism Commission and Internode, one of Australia's foremost Internet Service Providers. For more information about the World Solar Challenge, go to: http://www.worldsolarchallenge.org.
Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor solutions for: aerospace, defense and security; enterprise and communications; and industrial and alternative energy markets. Products include high-performance, high-reliability analog and RF devices, mixed-signal and RF integrated circuits, customizable SoCs, FPGAs, and complete subsystems. Microsemi is headquartered in Aliso Viejo, Calif., and has more than 2,700 employees globally. Learn more at www.microsemi.com.
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"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 technology being chosen by the Umicore Belgian Solar Team to help fuel its bid to win the grueling Veolia World Solar Challenge, 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.
SOURCE Microsemi Corporation