News & Events
Elantec Semiconductor Chosen Best Managed Semiconductor Company

In a special report, Electronic Buyers' News selected Elantec as a front-runner in the semiconductor industry

MILPITAS, CALIFORNIA, November 17, 2000 -- Elantec Semiconductor, Inc. (NASDAQ: ELNT), a leader in high performance analog integrated circuits, today announced that it was selected by Electronic Buyers' News (EBN) as the Best Managed Semiconductor Company with revenues under one billion dollars.

Using a proprietary formula combined with published financial data from each company, EBN sought to quantify the best-managed companies in four key markets. . As noted in their article, "EBN economist Jim Haughey used a proprietary formula to determine the top five players in each group. The formula combines data on stock prices; sales; net profits; gross profits; selling, general and administrative expenses; R&D spending; and inventory from each company's published financial statements for the four consecutive quarters ending with the second quarter of 2000. The figures were compared with the previous four quarters."

Besides quantitative measures, EBN also looked at other factors that pointed towards a company's success. EBN noted, "Technical skill also counts. Elantec's high-precision analog ICs aimed at fast-growing markets have enabled the company to chalk up beefy profits." In the EBN article dated October 16, 2000, analyst Eric Ross of Thomas Weisel Partners LCC located in San Francisco, CA. stated, "Elantec ends up being in end markets that are going to grow extremely fast, compared with the rest of the market. Plus, they have a value-added piece that's very difficult to design out in those end markets."

Rich Beyer, President and CEO said, " We are very pleased to be recognized by Electronic Buyers' News. This award demonstrates that Elantec's efforts to develop a powerful strategy and to excel at execution are working. Last year, we grew 100% to just over $100 million." Mr. Beyer continues, "Because we are positioned in some very exciting, high-growth markets, we anticipate that Elantec will experience a high rate of growth relative to the overall semiconductor industry and to our analog peers."

For further information about Elantec, or reprints of the EBN article, please contact Elantec's investor relations department at 408-945-1323 ext. 307. Elantec designs, manufactures, and markets high performance analog integrated circuits primarily for the video, optical storage, communications and power management markets. The Company targets high growth commercial markets in which advances in digital integrated circuit technology are driving increasing demand for high speed, high performance and low power consumption analog circuits.

Certain matters discussed in this press release pertaining to market trends and growth rates are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include product introductions by the Company's competitors, competitive pricing pressures, fluctuations in manufacturing yield, changes in the mix or markets in which products are sold, availability and cost of raw materials and other risks discussed in the Company's 1999 Form 10-K and most recent form 10-Q, filed with the Securities and Exchange Commission. The Company's actual results could differ materially from those discussed herein.