OTTAWA, Feb. 22 /CNW Telbec/ - MOSAID Technologies Incorporated
(TSX: MSD) today declared a quarterly dividend of $0.25 per share. The
dividend is payable on April 30, 2007 to shareholders of record as of
April 20, 2007.
About MOSAID
MOSAID Technologies Incorporated makes semiconductors better through the
development and licensing of intellectual property and the supply of memory
test and analysis systems. MOSAID counts many of the world's largest
semiconductor companies among its customers. Founded in 1975, MOSAID is based
in Ottawa, Ontario, with offices in Santa Clara, California, Newcastle upon
Tyne, U.K, and Tokyo, Japan. For more information, visit
www.mosaid.com.
Forward Looking Information
This document and certain other public documents incorporated by
reference in this document, contain forward-looking statements to the extent
they relate to MOSAID or its management, including those identified by the
expressions "anticipate," "believe," "foresee," "estimate," "expect,"
"intend," "could," "may,", "plan," "will," "would" and similar expressions.
Similarly, statements in this document that describe MOSAID's business
strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. These forward-looking statements are not
historical facts, but rather reflect MOSAID's current expectations regarding
future events. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results, performance or
achievements to differ materially from those in such forward-looking
statements. Assumptions made in preparing forward-looking statements and
financial guidance include, but are not limited to, the following: MOSAID's
continued expansion of its patent portfolio and of its opportunities for
future patent licensing revenue as a result of MOSAID's acquisition of patents
from third parties and from development of new inventions; DRAM manufacturers
continuing to infringe MOSAID's patents; the timing and amount of MOSAID's
litigation expenses; MOSAID's ability to sign new patent licensees; the value
proposition associated with MOSAID's products relative to its competition in
the market; the timing and amount of MOSAID's Research & Development expenses;
the timing of MOSAID's new product introductions; MOSAID's ability to develop,
manufacture, and market innovative products in a rapidly changing
technological environment; and MOSAID's ability to maintain and enhance
existing customer relationships.
Factors that could cause actual results to differ materially from
expected results include, but are not limited to, the following: declines or
unexpected variations in market growth rates for MOSAID's products; the extent
of embedded DRAM proliferation in the System-on-a-Chip markets; variability in
customer deployment schedules from quarter to quarter; shifts in the mix of
MOSAID products sold; unfavorable legal rulings in MOSAID's patent
litigations; economic, social, and political conditions in the countries in
which MOSAID, its customers, suppliers, or patent licensees operate, including
security risks, health conditions, possible disruptions in transportation
networks and fluctuations in foreign currency exchange rates; non-payment or
delays in payment by customers/licensees; failure to maintain and enforce
MOSAID's existing patent portfolio, or failure to obtain valuable patents as a
result of research and development activities, or failure to acquire valuable
patents from third parties; MOSAID's ability to recruit and retain skilled
personnel; change in MOSAID's financial position; obsolescence of products or
inappropriate targeting to markets that fail to materialize; inability to
transition to new technologies to meet customer demand; variations in average
sales cycles; key component supply restrictions and/or cost increases;
critical industry transitions; consolidation of MOSAID's customers and/or
licensees; natural events, such as severe weather and earthquakes in the
locations in which MOSAID, its customers, suppliers, or patent licensees
operate; and changes in the tax rate applicable to MOSAID as the result of
changes in the tax law in the jurisdictions in which profits are determined to
be earned and taxed, the outcome of tax audits and the ability to realize
deferred tax assets.
MOSAID assumes no obligation to update or revise any forward-looking
statements. Additional information identifying risks and uncertainties
affecting MOSAID's business and other factors that could cause MOSAID's
financial results to fluctuate are contained in MOSAID's Annual Information
Form, under the section entitled "Risk Factors," and in MOSAID's other public
filings available online at
www.sedar.com.
For further information:
Investor Inquiries:
Michael Salter, Director,Corporate Communications, (613) 599-9539, x1205,
Email Contact
Media
Inquiries: Colleen McGuire, Communications Specialist, (613) 599-9539, x1228,
Email Contact