Gennum Aligns Organization to Capitalize on Significant Growth Opportunities Created for High Speed Signal Integrity Products

New Structure Enhances Capability to Deliver More Integrated Products to Serve Fast Growing Demand for Mixed Signal and Optical Technology

BURLINGTON, ON, Jan. 6 /CNW/ - Gennum Corporation (TSX: GND), a leading supplier of high-speed optical, analog and mixed signal semiconductor solutions, announced today it has realigned its organization to further capitalize on the growing demand for its signal integrity products. Gennum is combining its optical and analog and mixed signal product groups. The consolidated product group will be responsible for the development, marketing and support of the Company's entire product portfolio.

This organizational alignment enables the Company to deploy its resources and talent to support the increased demand to have more integrated optical and mixed signal features in its products. Additionally, the simplification of Gennum's new product group structure allows the Company to capitalize on and support the ramping volume production of its 3Gb/s, 10Gb/s, 40Gb/s and 100Gb/s products.

"Through the execution of our strategy, we have created a significant number of growth opportunities for our high-speed signal integrity products for the video broadcast, data communication and consumer markets," said Dr. Franz Fink, President and CEO of Gennum. "As a result, more of our products are moving into higher volume shipments requiring us to align our organization to support the increasing demand. Additionally, our products are becoming highly integrated with more optical and mixed signal features and functionality. This drives our ability to be leaders in providing some of the most unique and compelling solutions in the industry. By combining our optical, analog and mixed-signal product groups, we can leverage our rich technology base to deliver more integrated products enabling our market success today and tomorrow."

Mixed Signal and Optical Products Group

The Mixed Signal and Optical products group will be led by Gary Beauchamp. Mr. Beauchamp joined Gennum in 2000 and has held various leadership positions in managing the Company's data communications product development, project management and business development activities. Mr. Beauchamp founded Gennum's data communications product business in 2001, which now represents a significant portion of company product sales. Most recently, Mr. Beauchamp was the Senior Vice President and General Manager for Gennum's Optical products group.

Dr. Martin Rofheart, Senior Vice President and General Manager of the Analog and Mixed Signal product group, is departing Gennum to pursue other opportunities. Dr. Rofheart came to Gennum in 2006 and was an integral driver in defining and executing the Company's efforts to refocus its strategy and product portfolio to become a premier analog and mixed-signal semiconductor company.

"I would like to thank Martin for his significant contributions to Gennum over the past four years in helping the Company reposition its strategy and enabling the wealth of growth opportunities we have today," said Dr. Fink. "As our company continues to evolve, Gary brings tremendous operational experience and product management expertise enabling us to further capitalize on providing higher volume, more integrated products to our customers around the world."

About Gennum

Gennum Corporation (TSX: GND) designs innovative semiconductor solutions and intellectual property (IP) cores to serve the rising global demand for high-speed data transmission products in the broadcast, networking, storage and telecommunications markets.  Gennum offers proven optical, analog and mixed-signal solutions with uncompromising signal integrity to support standards such as high-definition (HD) video, Fibre Channel, InfiniBand®, Ethernet, SONET and PCI Express®.  The company is headquartered in Burlington, Canada, and has global design, research and development and sales offices in Canada, Mexico, Japan, Taiwan, Germany, United States, India and the United Kingdom.

Gennum and the Gennum logo are all registered trademarks of Gennum Corporation.

Caution Regarding Forward-Looking Statements

This news release contains statements which constitute forward‐looking statements. These forward‐looking statements are not descriptive of historical matters and may refer to management's expectations or plans. These statements include but are not limited to statements concerning: Gennum's business objectives and plans including Gennum's corporate strategy and strategic priorities; Gennum's future financial performance and prospects including revenues, gross margins and earnings and ability to achieve operating earnings, cash flow and other business model targets; future trends in the semiconductor and intellectual property licensing industries and, in particular, market trends for analog and mixed‐signal products, optical products and intellectual property products and licensing; Gennum's expectations for sales and licensing of its products in these markets including anticipated costs, sales, size, duration, growth or decline of market opportunities and competitive and pricing pressures in these markets; Gennum's product roadmap and the speed at which Gennum is able to introduce new products; the adoption of new standards in the markets in which Gennum competes and the ability of Gennum to anticipate these changes and successfully address new opportunities; sales and capital spending plans and estimates, shipment levels and operating expenses; exchange rate fluctuations in, and the relative values of, the Canadian dollar, the U.S. dollar and the Japanese yen; Gennum's ability to finance its growth plans and make necessary investments; and litigation in which Gennum is involved or might become involved in.

Inherent in forward‐looking statements are risks and uncertainties beyond Gennum's ability to predict or control including, but not limited to, risks associated with: competitive and pricing pressures in the increasingly competitive environment in which Gennum operates; economic cycles in the semiconductor industry including downturns which can result from adverse general economic conditions; our ability to anticipate needs for future products and successfully execute our product roadmap, including the possibility of the emergence of disruptive technologies which negatively impact our positioning in the marketplace; the risk that unforeseen factors may arise that result in us not being able to achieve our operating income, cash flow and other business model targets; possible impairments of assets which could be required in the future; fluctuations in foreign exchange rates and their potential adverse impact upon our financial results; our reliance on external foundries and suppliers and the potential adverse effects of disruptions in any of these arrangements; the successful integration of acquisitions and the ability to achieve expected synergies and operating efficiencies within expected time‐frames (or at all); our ability to attract and retain key personnel necessary for our business; our ability to successfully protect our intellectual property rights; and the initiation and outcome of legal proceedings. Please also refer to the sections entitled "Risks and Uncertainties" in our 2009 annual report and "Risk Factors" in our most recent annual information form, copies of which may be viewed at

Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward‐looking statements contained in this news release. Such statements are based on a number of assumptions which may prove to be incorrect including, but not limited to, the following assumptions: there is no material deterioration in the business and economic conditions in the marketplace for Gennum's products; Gennum's expectations regarding market trends for analog and mixed‐signal products, optical products and intellectual property products and licensing are not materially incorrect; Gennum is able to execute its product roadmap without delays or disruptions having a material impact on Gennum; Gennum's expectations relating to the needs and direction of the marketplace for its products are within reasonable bounds of accuracy and Gennum is able to introduce products and capitalize on new opportunities generally as expected; Gennum's expectations relating to its future operating expenses, as well as the capital required to conduct its business in the future, are not materially incorrect; significant impairments of assets will not be required; material disruptions in the manufacture and supply of products and services to Gennum by foundries and suppliers will not materialize; Gennum's expectations relating to competitive pressures, including pricing pressures, are not materially incorrect; significant fluctuations in foreign exchange rates which materially adversely affect Gennum's financial results do not arise; customer demand for Gennum's products remains generally as anticipated; Gennum is able to successfully integrate acquisitions and to achieve synergies generally as anticipated; and Gennum is able to continue to retain and attract technical and other key employees.

The foregoing list of important factors and assumptions is not exhaustive. Forward‐looking statements are not guarantees of future performance. Events or circumstances could cause Gennum's actual results to differ materially from those estimated or projected and expressed in, or implied by, these forward‐looking statements. Consequently, undue reliance should not be placed on these forward‐looking statements. Forward‐looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. This information may not be appropriate for other purposes. In addition, these forward‐looking statements relate to the date on which they are made. We disclaim any intention or obligation to update or revise any forward‐looking statements or the foregoing list of factors, whether as a result of new information, future events or otherwise, except to the extent required by law.

SOURCE Gennum Corporation

For further information:

Gennum Media Contact:
Robin Vaitonis

Gennum Investor Relations Contact:
Greg Miller
Senior Vice-President, Finance & Administration and Chief Financial Officer
Gennum Corporation
905-632-2999 ext. 3060

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