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News and Information Article
SANTA CLARA, Calif., March 30 /-FirstCall/ -- Tvia, Inc.
(Nasdaq SmallCap: TVIA), a leading provider of display processors for the
digital and interactive TV market, announces today that financial results for
the fourth quarter of fiscal year 2006, ending March 31, 2006, may be at the
same level of third quarter of fiscal year 2006, ending December 31, 2005, due
to an unexpected material shortage.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050419/SFTU130LOGO )
ABOUT TVIA
Tvia, Inc. is a fabless semiconductor company which designs and develops
an extensive line of flexible, high-quality digital display processors
creating next-generation digital LCD, HD, SD, and progressive-scan TVs, as
well as other multimedia related devices. Tvia provides customers with the
foundation for building the most cost-effective display solutions on the
market. Tvias processors enhance viewer experience through the simultaneous
presentation of multiple, independent media streams, and high resolution
graphics on one or more displays. Tvia provides customers the foundation for
building the most cost-effective display solutions and at the same time raises
the bar by enhancing the viewer experience through simultaneous presentation
of multiple, independent media streams, and high resolution graphics on one or
more displays. More information about Tvia is available at http://www.tvia.com.
Information in this release that involves Tvias expectations, beliefs,
hopes, plans, intentions or strategies regarding the future are
forward-looking statements that involve risks and uncertainties.
Forward-looking statements in this press release include statements as to
Tvias focus, strategy and progress, Tvias development of new products, the
features and benefits of Tvias products, and product acceptance and
introduction by customers. All forward-looking statements included in this
release are based upon information available to Tvia as of the date of this
release, and Tvia assumes no obligation to update any such forward-looking
statements. These statements are not guarantees of future performance, and
actual results could differ materially from our current expectations. Factors
that could cause or contribute to such differences or risks associated with
our business are discussed in the Companys Annual Report on Form 10-K for the
year ended March 31, 2005 filed on June 17, 2005, and Form 10-Q for the
quarter ended December 31, 2005 filed on February 14, 2006 with the Securities
and Exchange Commission ("SEC"), and in other reports filed from time to time
with the SEC. These risks include, but are not limited to, the slower than
anticipated emergence of the interactive television market, our ability to
specify, develop or acquire, complete, introduce, market and transition to
volume production new products and technologies in a timely manner, and the
extent and duration of the current economic and business environment.
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