ZHUHAI, China, Dec. 11 /Xinhua-PRNewswire/ -- Actions Semiconductor Co.,
Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies,
today announced that the company was a speaker at the Integrated Circuit and
Software Intellectual Property Summit Forum on December 1, 2006.
The Forum was held by the Ministry of Information Industry Software and
Integrated Circuit Promotion Center ("CSIP"). Experts and representatives from
government authorities, the national patent office, research institutions, law
firms, IP suppliers and industry players were invited to discuss the technical
issues, patent licensing, IP strategy and relevant development strategies.
As stated by Dr. Qiu Shanqin, chairman of CSIP, "Actions is the closest
partner of CSIP." Actions has been working closely with CSIP for over two
years, cooperating on patent search and analysis and Intellectual Property
dispute consulting projects.
"We appreciate CSIP's great efforts to support Actions' business and the
entire Chinese IC industry and we continue to pursue innovation through
cooperation with CSIP as well as other partners that encourage technological
advancement," comments on Mr. Nan-Horng Yeh, CEO of Actions Semiconductor.
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 .
"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 Registration Statement on Form F-1 related to our
initial public offering and secondary offering. Actions Semiconductor
undertakes no obligation to update or revise forward-looking statements to
reflect subsequent events or changed assumptions or circumstances.
