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Microsemi Corporation - Analyst/Investor Day

So new products per year. Six years ago, we're doing about 40 products a year. Today, we're doing over 150 new products a year.

So revenue, we're doing about $370 million worth of revenue with a gross margin of 44%. Today, we're on a run rate to do about $1 billion in revenue. And our gross margin, GAAP gross margin, 56.1%.

So cash flow from operations, we're doing about $50 million today. Really, we'll exit run rate this year north of $200 million of cash flow from operations.

SAM, servable market. I've got a slide on this going forward, but it was about $850 million market opportunity we addressed before. Today, we're addressing about a $5.2 billion market.

Then lastly, foundry versus in-house. I mean, most of the product that we've created back in 2006, about 25% of it went to foundry and everything else was done in-house. This has also changed pretty dramatically. It's kind of changed the structure of who we are.

So here's a slide that gives you a little bit -- I know many of you have seen this slide, but it really kind of gives you an indication of the SAM that we're addressing and how it's grown over the last 10 years. So again, something that we're very proud of, our track record, all right? I mean, we're very proud of our execution, how we've grown our revenues. And quite frankly, more importantly, how we've grown our profits. And you can see a nice slide here going from 2004 to 2012, and we're very optimistic about 2013.

So let me just address a little bit, some of you may have seen this slide. We don't always talk through this, but this is something in a few years ago really changed within the company and really who we are and how we use to present ourselves as kind of 2 independent companies. Today, we really look at ourselves as one independent company, very much focused on where performance matters, where security and reliability are vital to a consumer -- I mean, our consumers' application, right? So we can walk in, we can work side-by-side with engineering teams and solve tough problems. We're not that guy that's going to go out and compete head-to-head against 10 guys in Taiwan for a socket that's going to flip over in 6 months. That's not who we want to be, that's not what we're interested in doing.

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