Pericom Semiconductor 2009 Annual Report

2009
SOLID LEADERSHIP

Executive Staff

Chi-ming (Alex) Hui
President, CEO, Chairman of the Board of Directors

Chi-Hung (John) Hui, Ph.D.
Sr. Vice President, Technology/R&D; Director

Angela Chen
Vice President & Chief Financial Officer

Gerry Liu, Ph.D.
Sr. Vice President, Marketing

Kwok Leung (Wilfred) Ling
Vice President, Sales (Asia)

Tat C. Choi, Ph.D.
Vice President, Design Engineering

Shau-Min (Michael) Chen
Vice President, ASIC Engineering;
General Manager of Pericom Taiwan, LTD

Hong-Leong (HL) Hong
Vice President, Product & Applications Engineering

George Kao
Vice President, Operations

Nial Van Wagner
Vice President, North America & Europe Sales

Board of Directors

Chi-Ming (Alex) Hui
President, CEO, Chairman of the Board of Directors

Chi-Hung (John) Hui, Ph.D.
Vice President, Technology/R&D; Director

Hau L. Lee, Ph.D.
Director

Siu-Weng Simon Wong, Ph.D.
Director

Michael J. Sophie
Director

Dennis McKenna
Director

Edward Yang
Director

Legal Counsel

Baker & McKenzie LLP
Two Embarcadero Center, 24th floor
San Francisco, CA 94111-3909

Independent Registered Public Accounting Firm

Burr, Pilger & Mayer LLP
333 W. Santa Clara Street, Suite 920
San Jose, CA 95113

Registrar & Transfer Agent

Computershare Investor Services
250 Royall Street
Canton, MA 02021

 

About Pericom SEmiconductor

Pericom is a fast-growing semiconductor company specializing in integrated connectivity and timing solutions. The company designs silicon and quartz-based chips to connect components inside systems such as high-definition TVs, smart phones, notebooks, servers and many other applications within the consumer, computing and communication markets. Its ICs, crystals and crystal oscillators are designed to connect, time and condition high-speed serial signals like PCI Express, HDMI/DVI, DisplayPort, SATA/SAS, USB, Gigabit Ethernet and Fibre Channel prevalent in today’s high-speed, high-bandwidth video, wireless and ultra-mobility designs. Download Company Backgrounder (pdf).

 

Annual Meeting

The annual meeting of shareholders for Pericom Semiconductor will be on Friday, December 11, 2009, at 3:00 p.m., Pacific Standard Time, on the company premises, 3545 North First Street, San Jose, California 95134.

 

Common Stock

Pericom Semiconductor Corporation’s Common Stock is traded on the NASDAQ National Market under the symbol “PSEM”.

 

Form 10-K

A copy of the Pericom Annual Report on Form 10-K as filed with the Securities and Exchange Commission will be made available without charge to all shareholders upon written request to the company. Requests should be directed to the attention of the Chief Financial Officer, Angela Chen, at the corporate office on 3545 North First Street, San Jose, California 95134.

 

Legal Matters

Questions regarding legal matters should be directed to the Chief Financial Officer, Angela Chen.

 

STRONG BALANCE SHEET

Cash & Investments: $128M
Working Capital:$135M
Total Assets:$246M
Total Liabilities:$34M
Shareholders’ Equity:$212M
Book Value/Share:$8.37
Cash/Share:$5.04
(listings here are as of 09/24/09)

 

FUNDAMENTALS

NASDAQ:PSEM
Fiscal Year Ends:June 27, 2009
FQ409 Revenue:$29.7M
FQ409 Net Income:$1.0M
FQ409 EPS:$0.04
FQ409 Gross Margin:29%
Closing Price at 09/24/09:$9.66
Shares Outstanding:25.5M
Market Cap:$244M
52-week Share Price:$4.66–12.03
(listings here are as of 09/24/09)

 

ANALYST COVERAGE

Hans Mosesmann, Raymond James & Associates, Inc.
(212) 856-5404

Christopher J. Longiaru, Sidoti & Company, LLC
(212) 894-3340

Suji De Silva, Kaufman Bros. Equity Research
(415) 449-0102