SUNNYVALE, CA — May 12, 2003 — OMNIVISION Technologies, Inc. (Nasdaq: OVTI), a market-leading independent supplier of CMOS CameraChip™ solutions for high-volume imaging applications, today announced it has relocated it’s corporate headquarters to a larger facility to support the growth of the company. Operations at the new facility begin today.
“OMNIVISION has worked very hard to control costs while we grow the company at a steady pace,” stated Shaw Hong, President and CEO at OMNIVISION. “However, our current success has prompted us to move into larger facilities to both support our current business as well as to give us room for potential growth”.
OMNIVISION is currently ranked as the 10th fastest growing technology company and the fastest growing semiconductor company in North America “Deloitte & Touche Technology Fast 500”.
The new building is located at:
1341 Orleans Drive
Sunnyvale, CA 94089-1136
Main Phone: 408-542-3000
Fax: 408-542-3001
About OMNIVISION
OMNIVISION Technologies, Inc. is an independent CameraChip™ solutions provider. Utilizing proprietary design technology for its highly integrated still-photo and video camera solutions for high-volume imaging applications, OMNIVISION integrates multiple image processing and capture functions into a single CameraChip™ design. With the addition of only a lens, the result is a low-cost CameraChip™ that consumes less power, has a greater environmental functioning range and has a smaller footprint than typical CMOS multi-chip image sensor solutions. OMNIVISION’s CameraChip™ solutions are in cell phones, digital still cameras, toys, video and computer games, personal digital assistants, automotive and industrial machine vision applications, as well as surveillance and biometric security applications. OMNIVISION is based in Sunnyvale, California. For more information about the company, visit our Website at www.ovt.com.
OMNIVISION and CameraChip™ are trademarks of OMNIVISION Technologies, Inc. All other trade, product or service names referenced in this release may be trademarks or registered trademarks of their respective holders.
Safe Harbor Language
Certain statements in this press release, including statements regarding the potential growth of OMNIVISION and OMNIVISION’s ability to control costs are forward looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward looking statements and OMNIVISION’s results to differ materially, include, without limitation, the continued growth of current markets and the emergence of new markets for OMNIVISION’s products are necessary for OMNIVISION’s revenues to continue to grow; OMNIVISION’s failure to obtain design wins would negatively impact OMNIVISION’s ability to grow its business; the loss of any of OMNIVISION’s key customers would significantly adversely impact OMNIVISION’s growth; the failure of OMNIVISION to effectively manage its growth would adversely affect OMNIVISION’s operating costs and profitability and the other risks detailed from time to time in OMNIVISION’s Securities and Exchange Commission filings and reports, including, but not limited to, OMNIVISION’s annual report on Form 10-K and its quarterly reports filed on form 10-Q. OMNIVISION disclaims any obligation to update information contained in any forward looking statement.