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   Date: 9th Feb 2010

Trident Micro revenue in 4Q09 is nearly same as previous quarter

The digital-media processing chip maker Trident Microsystems has reported a revenue of US$ 31.9 million in 4th quarter of year 2009, a 66 % growth compared to the revenue of US$19.2 million in same quarter year ago, and an addition of US$0.8 million compared the previous quarter revenue of US$31.1 million.

Non-GAAP net loss for the quarter was $15.6 million, or $0.22 per share, which includes the impact of a $2.8 million write-off of pre-production inventory. This compares with a non-GAAP net loss of $11.6 million, or $0.17 per share, in the prior sequential quarter and a non-GAAP net loss of $6.6 million, or $0.11 per share, in the same quarter a year ago.

Trident also said it has completed the process of acquisition of TV and Set-Top Box chip business from NXP Semiconductors.

Sylvia Summers, Trident's chief executive officer, said, "Results for the quarter, excluding the disappointing inventory write-off, were in line with our guidance. With the closing today of our acquisition of the NXP product lines, we are ready to look forward to the opportunities we are creating as a result of this transaction."

She also said "Integrating NXP's set-top box and digital television business lines with Trident immediately delivers the size and economies of scale needed to lead this market, with the broad product portfolio, IP expertise and operational infrastructure to support growth,"

          
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