ZHUHAI, China, April 21 /Xinhua-PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) solutions for portable consumer electronics today announced that the Company's Series 13 products will be featured in The Walt Disney Company's (Disney) line of Mix Max personal media players. These full-featured media players are easy to use and ready to play movies, music, TV shows and music videos.
Actions is working closely with Digital Blue Inc, a design house for portable consumer electronics for Disney, on product specifications and testing for a series of collaborative projects. Actions expects initial shipments to begin in May 2008 and projects a volume of approximately 300,000 to 500,000 units per year.
"We view this partnership as an important step of the Company's expansion strategy in international markets and with brand name customers," commented Mr. Nan-Horng Yeh, CEO of Actions Semiconductor. "We are very excited to have our solutions featured in the products of a world class corporation, such as Disney, as it represents a major milestone for Actions."
About Actions Semiconductor
Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.
ABOUT DIGITAL BLUE
Digital Blue is a leading maker of electronics and software for the youth market. Digital Blue's innovative consumer electronics are used by millions of kids and teens worldwide each day. Award-winning educational products, including the Smithsonian Computer Microscope and the Digital Movie Creator 3.0, are used in classrooms around the world. Digital Blue has partnered with Warner Bros. Consumer Products to develop an innovative line of youth electronics for the upcoming Batman movie to be released in the summer of 2008. Other hot products include the American Idol Digital Camera and Camcorder, along with top sellers that include the Disney Pix line of digital cameras, the Disney Mix line of personal media players, and the new Disney Flix Digital Video Camera. For more information please visit http://www.digiblue.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward- looking statements to reflect subsequent events or changed assumptions or circumstances.
For More Information
Lisa Laukkanen Ernie Huang
The Blueshirt Group Investor Relations at Actions
for Actions Semiconductor ernie@actions-semi.com
lisa@blueshirtgroup.com +86 756 3392353 ext 1095
+1-415-217-4967
SOURCE Actions Semiconductor Co., Ltd.
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