Vitesse to List on NASDAQ Stock Exchange
February 28 2011 - 8:00AM
Business Wire
Vitesse Semiconductor Corporation (Pink Sheets: VTSS), a leading
provider of advanced IC solutions for Carrier and Enterprise
networking, today announced that its common shares have been
approved for listing on the NASDAQ Global Market. The Company
expects that its common stock will commence trading on NASDAQ on
March 2, 2011 under the symbol “VTSS.” Until then, its shares will
continue to be quoted on Pink Sheets under the symbol
“VTSS.PK.”
About Vitesse
Vitesse designs, develops and markets a diverse portfolio of
high-performance, cost-competitive semiconductor solutions for
Carrier and Enterprise networks worldwide. Engineering excellence
and dedicated customer service distinguish Vitesse as an industry
leader in high-performance Ethernet LAN, WAN, and RAN,
Ethernet-over-SONET/SDH, Optical Transport, and best-in-class
Signal Integrity and Physical Layer products for Ethernet, Fibre
Channel, Serial Attached SCSI, InfiniBand(R), Video, and PCI
Express applications. Additional Company and product information is
available at www.vitesse.com.
Vitesse is a registered trademark in the United States and/or
other jurisdictions of Vitesse Semiconductor Corporation. All other
trademarks or registered trademarks mentioned herein are the
property of their respective holders.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains "forward-looking statements" as
described by the Private Securities Litigation Reform Act of 1995
(as amended) that reflect the opinion of Vitesse Semiconductor
Corporation and involve certain risks and uncertainties at the time
of its release. Although the Company believes that its plans,
intentions and expectations reflected in or suggested by these
forward-looking statements are reasonable, the Company cannot
assure you that it will achieve or realize these plans, intentions
or expectations. All forward-looking statements attributable to the
Company or any person acting on the Company’s behalf are expressly
qualified in their entirety by this cautionary statement. The
Company is under no duty or obligation to update any of the
forward-looking statements after the date of this release.