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Fabless Semiconductor Association Announces Winners for 2004 Awards; Awards Presented at Association's Tenth Anniversary Celebration

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The Fabless Semiconductor Association (FSA), the voice of the global fabless business model, announces the winners for its 2004 awards, presented at the tenth annual FSA Awards Dinner Celebration on Thursday, December 9, 2004 in Santa Clara, Calif.

This program celebrates leadership in the semiconductor industry and recognizes public and private fabless companies demonstrating excellence through their success, vision, strategy and future opportunity in the fabless industry. The award descriptions and winners include:

Most Respected Public and Private Fabless Companies -- The fabless community, semiconductor financial and industry analysts and suppliers selected one public and one private company they most respect in terms of product, vision, strategy and future opportunities. This year's public company winner is Broadcom Corporation and private company winner is Cavium Networks.

Best Financially Managed Company -- The FSA research staff, in conjunction with financial analysts, evaluated the health of public fabless semiconductor companies traded on the U.S. exchanges by comparing financial indices such as: return on investment, return on equity, inventory turns, revenue, net income, days sales outstanding, cash per share, cash burn rate, gross profit margin, operating margin and current ratio. The company that excelled most often within each category was determined the winner. The 2004 winner is QUALCOMM CDMA Technologies.

Fabless Start-Up to Watch -- The FSA Venture Capital Advisory Board selected the winner by identifying the company that has demonstrated the greatest likelihood of achieving the next phase of growth. The 2004 winner is Frontier Silicon.

Favorite Fabless Picks -- Semiconductor financial analysts from top-tier firms selected their favorite fabless company for this award. The analysts based their decision on historical, as well as projected data, such as stock price, earnings per share, revenue forecasts and product performance. The 2004 winners are NVIDIA Corporation, awarded by Mark Edelstone of Morgan Stanley, and SiRF Technology Holdings, Inc., awarded by Kalpesh Kapadia of C.E. Unterberg, Towbin.

Outstanding Financial Performance by Public and Private Fabless Companies -- Companies that doubled either revenue or net income over eight consecutive quarters ending September 2004 were eligible to receive the award for outstanding financial performance. This year's public company winners include Atheros Communications, Inc.; Catalyst Semiconductor, Inc.; DSP Group, Inc.; Elite Semiconductor Memory Technology Inc.; Faraday Technology Corporation; Hifn; Holtek Semiconductor Inc.; Leadis Technology, Inc.; M-Systems; NetLogic Microsystems, Inc.; Novatek Microelectronics Corp.; SanDisk Corporation; Semtech Corporation; Solomon Systech (International) Limited; SiRF Technology Holdings, Inc.; and Sunplus Technology Co., Ltd. The private company winners are eSilicon Corporation, EZchip Technologies and Quake Technologies.

Dr. Morris Chang Exemplary Leadership Award -- This award recognizes individuals, such as its namesake, Dr. Morris Chang, for their outstanding achievements and unique contributions to the fabless sector, exemplifying how their vision and global leadership has transformed and elevated the entire semiconductor industry. The 2004 award was presented to Jen-Hsun Huang, CEO, president and co-founder of NVIDIA Corporation.

The 2004 FSA Awards Dinner Celebration was made possible through the support of this year's title sponsor, UMC, and sponsors AMI Semiconductor; Amkor Technology Inc.; ASE Group; ATI Technologies; Broadcom Corporation; C.E. Unterberg, Towbin; Cadence Design Systems; Chartered Semiconductor Manufacturing; CMP Media; Conexant; Ernst & Young; Jazz Semiconductor; Marvell; Morgan Stanley; NVIDIA; Oracle; QUALCOMM CDMA Technologies; Reed Electronics Group; Synopsys; TSMC; Virage Logic and Xilinx.

About the Fabless Semiconductor Association:

The FSA is the voice of the global fabless business model. Incorporated in 1994, the Association positively impacts the growth and return on invested capital of this business model to enhance the environment for innovation. The FSA provides a platform for meaningful global collaboration between fabless companies and their partners; provides members with timely research and resources; and identifies, debates, and discusses business and technical issues. FSA members include fabless companies and their supply chain and service partners and represent more than 21 countries spanning North America, Asia-Pacific, Europe and the Middle East. www.fsa.org



Source : Business Wire India