Attributes the global demand for its wireless front-end solutions to its
3,517 percent revenue growth
METHUEN, MA, Oct. 23 /CNW Telbec/ - SiGe Semiconductor has been ranked
number 14 on Deloitte's Wireless Fast 50, a ranking of the 50 fastest growing
wireless companies by Deloitte & Touche USA LLP, one of the nation's leading
professional services organizations. Rankings are based on the percentage
fiscal year revenue growth over five years from 2002- 2006.
SiGe Semiconductor's CEO Sohail Khan credits technical innovation,
strategic partnerships, and a growing demand for the company's RF front-end
solutions by leading global consumer electronics manufacturers with the
company's 3,517 percent revenue growth from 2002-2006. Khan said, "I am
honored that SiGe Semiconductor has been recognized by Deloitte as one of the
fastest growing wireless companies. Our products have a proven track record
for performance, and we have established ourselves as a key supplier to some
of the world's leading names in consumer electronics. Moving forward we will
build on these relationships as well as our technology leadership to deliver
solutions to OEMs that will enable the next generation of wireless multimedia
"The wireless industry is on the cusp of great changes as new
technologies such as WiMAX and 3G upend the market...and yet, we are only
scratching the surface of what is possible," said Phil Asmundson, vice
chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA
LLP. "Our first-ever Deloitte Wireless Fast 50 awards underscore the potential
for both innovation and business performance in this evolving sector. These
companies have achieved sustained growth while navigating constant change, and
are beacons of a promising future for the wireless industry."
To qualify for the Wireless Fast 50, companies must have had operating
revenues of at least $50,000 in 2002 and $5,000,000 in 2006. They must own
proprietary wireless technology or proprietary wireless intellectual property
that contributes to a significant portion of their operating revenues or
devote a significant proportion of revenues to the research and development of
wireless technology. Using other companies' wireless technology or
intellectual property in a unique way does not qualify.
Companies from the Wireless Fast 50 program are automatically entered in
Deloitte's Technology Fast 500 program, which ranks North America's top 500
fastest growing technology, media, telecommunications and life sciences
companies. For more information on Deloitte's Wireless Fast 50 or Technology
Fast 500 programs, visit www.fast500.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms and their respective subsidiaries and affiliates. As
a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its
member firms has any liability for each other's acts or omissions. Each of the
member firms is a separate and independent legal entity operating under the
names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other
related names. Services are provided by the member firms or their subsidiaries
or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche
Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte &
Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte
Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and
not by Deloitte & Touche USA LLP.
About SiGe Semiconductor, Inc.
SiGe Semiconductor is a leading global supplier of innovative radio
frequency integrated circuits and multi-chip modules enabling wireless
multimedia in consumer electronics. SiGe's products simplify the addition of
wireless communications and navigation capability to a wide array of
computing, entertainment and mobile products. The company's solutions comply
with the WiFi, WiMAX, GPS and Galileo technology standards, offering value
through exceptional performance at competitive prices. SiGe operates
worldwide, focusing on servicing leading consumer electronics OEMs and ODMs
through its five key sites and distribution network.
About SiGe Semiconductor's Lead-Free Initiative
The use of lead in the design and manufacture of electronic products is
an increasing environmental concern. In support of industry-wide initiatives
to protect the environment, all SiGe Semiconductor, Inc. products we ship
today are lead-free and RoHS compliant.
Forward Looking Statements
This news release may contain certain forward-looking statements. All
statements, other than statements of historical fact, included herein are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Forward-looking statements are based on the estimates and
opinions of management on the date the statements are made, and SiGe
Semiconductor, Inc. does not undertake an obligation to update forward-looking
statements should conditions or management's estimates or opinions change.
For further information:
For further information: Press/Ottawa: Bev Hemish, SiGe Semiconductor,
(613) 288-2709, email@example.com; Press/America and Europe: Tiana Dixon, HIPR,
Inc., (503) 222-1257, firstname.lastname@example.org; Press/Asia: Claire Walker, Techworks
Asia Ltd., +852 2168 0870, Claire@techworksasia.com