President and CEO, Hock Tan, Gives Keynote Interview Discussing Integrated Circuit Systems


NEW YORK, Aug.1, 2002 (PRIMEZONE) -- Hock Tan, President and CEO of Integrated Circuit Systems, Inc. (Nasdaq:ICST), opens the interview with an explanation of his products along with a look at the sectors that they are targeted for. We then expand the discussion to look at the industry and PC demand factors and outlook for the coming 3-6 months. Mr. Tan also examines the relationship between the telecommunications sector and semiconductor sector in the minds of the marketplace.

We then turn to ICS's recent quarterly figures and discuss how the various IT expenditures will affect different market segments for ICS over the coming 9 months. The management of inventory is then discussed and Mr. Tan details why he thinks his company is at an advantage compared to some of the other semiconductor manufacturers.

R&D is a key issue that we then examine along with the balance between growth of technology and current revenue demands. Mr. Tan shares the percentage of R&D investment and the amount of return he expects to see from this over the coming years.

Looking at the company's most recently released AMD compatible clocks we examine the advantages of this product line before taking a detailed look at the upcoming product releases that are planned over the coming 24 months. We look at the values of these products and the sizes of the markets that these new products will be sold in to.

We close the interview with a look at one of the next products that will be coming out of the pipeline in the Digital Consumer Display Market.

The interview can be heard at www.wallst.net

About Integrated Circuit Systems, Inc.

Integrated Circuit Systems, Inc. makes custom, application-specific, integrated circuits (ASICs) for various industrial customers. The Company sells a broad line of timing products for use in PC motherboard and peripheral applications as well as mixed-signal (analog and digital) integrated circuits customized to the specific requirements of a broad range of customers and applications.

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