IRVINE, Calif., Jan 13, 2010 (GlobeNewswire via COMTEX News Network) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog/mixed signal integrated circuits and high reliability semiconductors, witnessed industry confirmation for its local dimming technology designed for LED backlights in LCD TVs, many of which were introduced at the 2010 Consumer Electronics Show in Las Vegas. "Microsemi has seen substantial market acceptance and continues to pioneer local dimming LED display backlighting," stated Paul Pickle, Executive Vice President and General Manager with Microsemi's Analog Mixed Signal Group. Tom Kapucija, Director of Marketing, observed, "As anticipated, tremendous industry effort geared towards LED TV backlighting resulted in many new TV product introductions. The market is now realizing the energy efficiency and image performance benefits possible with local dimming backlight technology." "3D TVs with LED backlighting were the favorites of the show with many attendees spending considerable time viewing comparison video demonstrations," Kapucija added. "The industry is gearing up to provide 3D content as well as delivery methods such as 3D Blu-Ray players, disks, and off-air receivers." A leader in large-screen LCD TV innovations for more than a decade, Microsemi has worked with leading LCD TV manufacturers to achieve significant display-quality breakthroughs including LED local dimming solutions. In addition to the LED-based TV introductions at CES, Microsemi continues to innovate drivers for CCFL backlit TVs with unique developments such as the JIN Balancer and the recently announced PureBLACK(TM) CCFL mega contrast digital burst dimming technology. "In addition to the new LED programs, it is significant that we have also seen continued CCFL TV development as evidenced by over 25 new CCFL IC program engagements last quarter between Microsemi and key TV manufacturers," Pickle said. "In particular, we see continued strength in the Chinese market with substantial new program success from the top five leading companies such as Changhong, Skyworth and TCL." About Microsemi Microsemi Corporation, with corporate headquarters in Irvine, California, is a leading designer, manufacturer and marketer of high performance analog and mixed-signal integrated circuits, high reliability semiconductors and RF subsystems. The company's semiconductors manage and control or regulate power, protect against transient voltage spikes and transmit, receive and amplify signals. Microsemi's products include individual components as well as integrated circuit solutions that enhance customer designs by improving performance and reliability, battery optimization, reducing size or protecting circuits. The principal markets the company serves include implanted medical, defense/aerospace and satellite, notebook computers, monitors and LCD TVs, automotive and mobile connectivity applications. More information may be obtained by contacting the company directly or by visiting its website at http://www.microsemi.com. The Microsemi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1233 "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements concerning industry confirmation for its local dimming technology designed for LED backlights in LCD TVs, many of which were introduced at the 2010 Consumer Electronics Show in Las Vegas, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances. This news release was distributed by GlobeNewswire, www.globenewswire.com SOURCE: Microsemi Corporation CONTACT: Microsemi Corporation Financial Contact: John Hohener, Vice President and CFO (949) 221-7100 Editorial Contact: Cliff Silver, Corporate Communications Manager (949) 221-7100
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