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Atmel Establishes Strong Position In Ultra-Low Power Wi-Fi Market With Agreement To Acquire Ozmo, Inc.

Stocks in this article: ATML

Safe Harbor for Forward-Looking Statements Information in this release regarding Atmel's forecasts, business outlook, expectations, and beliefs are forward-looking statements that involve risks and uncertainties. These statements may include comments about our future operating and financial performance, including our earnings outlook beyond 2012 and the progress we may achieve with the integration of Ozmo, Inc. into our business plans and strategies. All forward-looking statements included in this release are based upon information available to Atmel as of the date of this release, which may change. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, without limitation, general economic conditions (including solvency issues affecting various European countries and uncertainties in the United States related to the so-called "fiscal cliff"), the cyclical nature of the semiconductor industry; the inability to realize anticipated benefits related to our acquisition of Ozmo, Inc., restructuring activities or other initiatives in a timely manner or at all; the impact of competitive products and pricing; disruption to our business caused by our increased dependence on outside foundries, industry and/or company overcapacity or under capacity, including capacity constraints of our independent assembly contractors, timely design acceptance by our customers, timely introduction of new products and technologies, industry wide shifts in supply and demand for semiconductor products; financial stability in foreign markets and the impact of foreign exchange rates; adverse changes in tax laws, unanticipated costs and expenses or the inability to identify expenses which can be eliminated; the market price or volatility of our common stock; compliance with U.S. and international laws and regulations by us and our distributors, our ability to protect intellectual property rights, litigation (including intellectual property litigation in which we may be involved or in which our customers may be involved, especially in the mobile device sector), the possible unfavorable results of legal proceedings, and other risks detailed from time to time in Atmel's SEC reports and filings, including our Form 10-K for the year ended December 31, 2011, filed on February 28, 2012, and our subsequent Form 10-Q reports. Atmel assumes no obligation and does not intend to update any forward-looking statements, whether as a result of new information, future events or otherwise.  

Investor Contact: Peter Schuman, Director of Investor Relations1-408-437-2026

Press Contact: Sander Arts, Vice President of Corporate Marketing Sander.arts@atmel.com 1-408-451-4885

SOURCE Atmel Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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