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Lattice Semiconductor Closes Acquisition of Cerdelinx Technologies, Inc.HILLSBORO, Ore. - August 27, 2002 - Lattice Semiconductor Corporation (NASDAQ: LSCC) today announced that it has completed the previously announced acquisition of Cerdelinx Technologies, Inc. of San Jose, California. Cerdelinx is an early stage fabless semiconductor company focused on the design of application specific standard products targeted towards emerging high-speed communications and storage applications. As part of the acquisition, a team of 25 technical employees, currently developing a portfolio of low-power CMOS transceivers and backplane interfaces with embedded high-speed SERDES I/O to support 10 gigabit-per-second applications, have joined Lattice. The acquisition will serve to enhance Lattice's silicon development efforts and its ability to deliver leading-edge programmable solutions within the OC-192, networking and storage market segments. The foregoing paragraphs contain forward-looking statements within the meaning of the federal securities laws, which statements involve risks and uncertainties. These forward looking statements include statements about expectations regarding enhancement of Lattice's silicon development efforts and ability to deliver leading-edge programmable solutions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a number of factors, including overall semiconductor market conditions, market acceptance and demand for our new products, risks related to the integration of Cerdelinx with Lattice, our dependencies on our silicon wafer suppliers, the impact of competitive products and pricing, and technological and product development risks. Oregon-based Lattice Semiconductor Corporation designs, develops and markets the broadest range of high-performance ISP� programmable logic devices (PLDs), Field Programmable Gate Arrays (FPGAs) and Field Programmable System-on-a-Chip (FPSC) devices. Lattice offers total solutions for today's system designs by delivering the most innovative programmable silicon products that embody leading-edge system expertise. Lattice products are sold worldwide through an extensive network of independent sales representatives and distributors, primarily to OEM customers in the communication, computing, industrial and military end markets. Company headquarters are located at 5555 N.E. Moore Court, Hillsboro, Oregon 97124 USA. For more information access our web site at www.latticesemi.com # # #
Lattice Semiconductor Corporation, L (& design), Lattice (& design), in-system programmable, ISP, and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. For more information contact:
Roddy Sloss |
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