HILLSBORO, Ore., May 10, 2010 (BUSINESS WIRE) -- TriQuint Semiconductor (NASDAQ:TQNT), a leading RF product manufacturer and foundry services provider, announced it received the 2010 System/Hardware "Company of the Year" award from TechAmerica Oregon for the 2nd consecutive year. TechAmerica is the largest and strongest voice and resource for technology in the United States and is the industry's leading trade association. The award recognizes TriQuint's accomplishments, leadership and commitment to the community and industry.
TriQuint celebrates its 25th anniversary in 2010 providing connectivity solutions for the world's leading communications, defense and aerospace companies.
Allen Alley, the Chairman of TechAmerica Oregon, said "TriQuint has been a solid contributor to the technology community, and has persevered through 2009's economic challenges. Guided by strong leadership and thoughtful risk taking, we applaud TriQuint for its accomplishments in the industry and contributions to the community." Ralph Quinsey, President and CEO of TriQuint, accepted the company honors on behalf of TriQuint. He said "In Q1 of 2009 we looked across the chasm and saw great opportunity. We maintained staffing levels, invested in the business and focused on the future. Our employees attended to customers, and we grew the business nearly 15%. And 2010 looks to be another great year." Mr. Quinsey was also recognized as TechAmerica Oregon's 2009 Technology Executive of the Year, and presented TripWire's Jim B. Johnson with the 2010 Executive Award at Thursday's celebratory event.
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 'looks to be', 'great year', 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 TriQuint Semiconductor (NASDAQ:TQNT) celebrates its 25th anniversary in 2010 as a leading global provider of innovative RF solutions and foundry services for the world's leading 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(R) SOURCE: TriQuint Semiconductor, Inc.
CONTACT: Media Contact: TriQuint Semiconductor, Inc. Brandi Frye, Director, Marketing Communications Tel: +1-503-615-9488 Mobile: +1-503-780-2318 email@example.com Copyright Business Wire 2010 -0- KEYWORD: United States
Oregon INDUSTRY KEYWORD: Technology
Mobile/Wireless SUBJECT CODE: Award