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| Fabless
Semiconductor Association Awards Outstanding Fabless Companies Aureal Semiconductor Recognized for
Outstanding Financial Performanced |
| Fremont, CA (Dec. 9, 1998)
- The Fabless Semiconductor Association (FSA) recognized Aureal Semiconductor [NASDAQ:
AURL] as an Outstanding Financial Performer at the FSA's Anniversary Dinner Celebration on
Dec. 8, 1998. The event attracted over 900 of the industry's top executives. The FSA recognized those companies that either doubled their revenue or net income year-over-year, for the twelve-month period ending September 1998. Aureal Semiconductor was one of the winners of the Outstanding Financial Performance awards. For the twelve month periods ending September, Aureal's revenues rose from $1.7 million for 1997 to $14.7 million for 1998, a near 800% increase. This reflects Aureal's movement from technology licensing transactions in 1997 to audio semiconductor chip and board sales beginning in January 1998. This also indicates the success that Aureal has had with its Vortex audio chip architecture and A3D interactive three-dimensional audio technology combination in 1998 with its initial PCI audio offerings. The FSA 1998 Anniversary Dinner Celebration was sponsored by leading fabless partners and supporters: American Microsystems, Inc. (AMI), Asahi Kasei Microsystems Co., Ltd. (AKM), BT Alex.Brown, Ernst & Young LLP, Gary Cary Ware & Freidenrich, LTX Corporation, Mentor Graphics Corporation, Morgan Stanley Dean Witter, NationsBanc Montgomery Securities, Inc., Silicon Valley Bank, STATS, Synopsys, Teradyne, TSMC and UMC Group. - more - About the Fabless Semiconductor Association The FSA was formed in July 1994 by industry leaders wishing to achieve a more optimal balance between wafer demand and capacity for fabless companies. The FSA represents an exploding industry consisting of over 200 North American fabless companies. The mission of the FSA is to stimulate technology and foundry capacity by communicating the future needs of the fabless semiconductor segment in terms of quantity and technology; to provide interactive forums for the mutual benefit of all FSA members; and to be a strong, united voice on vital issues affecting the future growth of fabless semiconductor companies. The FSA can be reached on the World Wide Web at http://www.fsa.org. About Aureal Semiconductor Aureal builds advanced audio semiconductor and software solutions that increase functionality and features for personal computers and consumer electronics devices. Aureal develops audio processing semiconductor chips and sound cards and also licenses technology designed to define and improve advanced audio standards in the marketplace. ### Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including, but not limited to, dependence on the PC and consumer electronics industries and on product lines based on new technologies; foundry capacity, availability and reliability; competition and pricing pressures; and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. Note to Editors: Aureal, the Aureal logo, Aureal 3D and A3D are trademarks of Aureal Semiconductor Inc. Other names may be trademarks of their respective owners.: PR Contact: Jonathan Hirshon Horizon Communications jh@horizonpr.com |
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