23.02.2011 13:01:00
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TriQuint to Open NASDAQ Market February 25, 2011
TriQuint Semiconductor, Inc. (NASDAQ: TQNT), a leading RF solutions supplier and technology innovator, will ring The NASDAQ Stock Market Opening Bell on Friday, February 25, 2011.
"We recently announced record revenue and earnings for 2010, our 25th anniversary. There’s much enthusiasm for our new opportunities in high growth markets such as smartphones, tablet PCs and network infrastructure,” said Ralph Quinsey, President and CEO of TriQuint Semiconductor. "In 2011, we are expanding our fab capacity by up to 40%, investing in R&D and planning to hire up to 500 new employees. I can’t think of a better place to demonstrate our optimism for our future than by opening the NASDAQ market.”
To commemorate TriQuint’s 25th anniversary, a delegation of employees representing TriQuint’s global workforce and manufacturing operations in Oregon, Texas, Florida and Costa Rica will accompany Mr. Quinsey to participate in Friday’s opening ceremony at the NASDAQ MarketSite in New York City’s famed Times Square. Mr. Quinsey and members of the executive team will host TriQuint’s annual investor day in New York City on February 23rd.
A live webcast of the bell ringing ceremony will be available from 9:15 a.m. to 9:30 a.m. EST at www.nasdaq.com/about/marketsitetowervideo.asx.
FORWARD LOOKING STATEMENTS
This TriQuint Semiconductor, Inc. (NASDAQ: TQNT) press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that forward-looking statements involve risks and uncertainties. The cautionary statements made in this press release should be read as being applicable to all related statements wherever they appear. Statements containing such words as ‘enthusiasm,’ ‘high growth,’ ‘better’ or similar terms are considered to contain uncertainty and are forward-looking statements. A number of factors affect TriQuint’s operating results and could cause its actual future results to differ materially from any results indicated in this press release or in any other forward-looking statements made by, or on behalf of, TriQuint including, but not limited to: those associated with the unpredictability and volatility of customer acceptance of and demand for our products and technologies, the ability of our production facilities and those of our vendors to meet demand, the ability of our production facilities and those of our vendors to produce products with yields sufficient to maintain profitability, as well as the other "Risk Factors” set forth in TriQuint’s most recent 10-Q report filed with the Securities and Exchange Commission. This and other reports can be found on the SEC web site, www.sec.gov. A reader of this release should understand that these and other risks could cause actual results to differ materially from expectations expressed / implied in forward-looking statements.
FACTS ABOUT TRIQUINT
Founded in 1985, TriQuint Semiconductor (NASDAQ: TQNT) is a leading global provider of innovative RF solutions and foundry services for the world’s top communications, defense and aerospace companies. People and organizations around the world need real-time, all-the-time connections; TriQuint products help reduce the cost and increase the performance of connected mobile devices and the networks that deliver critical voice, data and video communications. With the industry’s broadest technology portfolio, recognized R&D leadership, and expertise in high-volume manufacturing, TriQuint creates standard and custom products using gallium arsenide (GaAs), gallium nitride (GaN), surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies. The company has ISO9001-certified manufacturing facilities in the U.S., production in Costa Rica, and design centers in North America and Germany. For more information, visit www.triquint.com.
TriQuint: Connecting the Digital World to the Global Network®
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