Ceremony to Commemorate 25th Anniversary’s Record Earnings and 2011 Growth Projections
HILLSBORO, OREGON (USA) – Feb. 23, 2011 – TriQuint Semiconductor, Inc (NASDAQ: TQNT), a leading RF solutions supplier and technology innovator, will ring The NASDAQ Stock Market Opening Bell on Friday, February 25, 2011.
“We recently announced record revenue and earnings for 2010, our 25th anniversary. There’s much enthusiasm for our new opportunities in high growth markets such as smartphones, tablet PCs and network infrastructure,” said Ralph Quinsey, President and CEO of TriQuint Semiconductor. “In 2011, we are expanding our fab capacity by up to 40%, investing in R&D and planning to hire up to 500 new employees. I can’t think of a better place to demonstrate our optimism for our future than by opening the NASDAQ market.”
To commemorate TriQuint’s 25th anniversary, a delegation of employees representing TriQuint’s global workforce and manufacturing operations in Oregon, Texas, Florida and Costa Rica will accompany Mr. Quinsey to participate in Friday’s opening ceremony at the NASDAQ MarketSite in New York City’s famed Times Square. Mr. Quinsey and members of the executive team will host TriQuint’s annual investor day in New York City on February 23rd.
A live webcast of the bell ringing ceremony will be available from 9:15 a.m. to 9:30 a.m. EST at www.nasdaq.com/about/marketsitetowervideo.asx.