Business Services Industry
Microtune Provides Tuner-Related Verification Testing for Customers' U.S. Converter Set-Top Boxes, Facilitating NTIA Compliance and Certification
Business Wire, Sept 10, 2007
Microtune's test verification facilities are located in its laboratories at its corporate headquarters located in Plano, TX.
BACKGROUND INFORMATION: U.S. DIGITAL CONVERTER SET-TOP BOX PROGRAM
The NTIA is the agency of the U.S. Department of Commerce that is charged with overseeing the consumer coupon program for digital-to-analog converter set-top boxes. This $1 billion program will subsidize the purchase of more than 30 million converter boxes for consumers who wish to continue to use their analog TVs after February 2009, when U.S. analog broadcasts will be shut off. The converter box enables viewers to extend the life of current analog TV sets, while ensuring that American households do not lose access to free, off-air broadcast television.
ABOUT MICROTUNE
Microtune, Inc. is a silicon and subsystems company that designs and markets radio frequency (RF) solutions for the worldwide broadband communications and transportation electronics markets. Inventor of the MicroTuner[TM] single-chip broadband tuner, Microtune offers a portfolio of advanced tuner, amplifier, and upconverter products that enable the delivery of information and entertainment across new classes of consumer electronics devices. The Company currently holds more than 70 U.S. patents for its technology. Founded in 1996, Microtune is headquartered in Plano, Texas, with key design and sales centers located around the world. The website is www.microtune.com.
MICROTUNE FORWARD LOOKING STATEMENTS
All statements in this press release other than statements of historical fact are forward-looking statements that are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are generally, but not necessarily, accompanied by words such as "plan," "if," "estimate," "expect," "believe," "could," "would," "anticipate," "may," or other words that convey uncertainty of future events or outcomes. These forward-looking statements and other statements made elsewhere in this release are made in reliance, in part, on the Private Securities Litigation Reform Act of 1995. Factors which could cause actual results to differ from anticipated results include the Company's ability to introduce new products, achieve design wins, meet customer or industry specifications, maintain customer and strategic partner relationships, forecast customer demand and manage inventory levels, control and budget expenses, protect proprietary technology and intellectual property, and successfully prosecute and defend any pending or future litigation or regulatory proceedings. Any one of these factors may cause the Company's actual financial results to differ materially from its projected results. The forward-looking statements in this release speak only as of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason. Readers are referred to our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other U.S. Securities and Exchange Commission filings which discuss the foregoing factors as well as other important risk factors that could affect our business, results of operations and financial condition.
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