CAMD California Micro Devices Corp. (MM)

California Micro Devices Presents September Quarter Guidance MILPITAS, Calif., Sept. 16 /PRNewswire-FirstCall/ -- California Micro Devices (NASDAQ:CAMD) today presented its financial outlook for the second fiscal quarter of 2005, which ends September 30, 2004. Revenue is expected to be between $16.3 and $16.7 million compared to $16.5 million in the prior quarter and $14.9 million in the same quarter a year ago. Diluted earnings per share are expected to be between $0.08 and $0.09 compared to $0.09 in the prior quarter and $0.04 a year ago. "We expect revenue from our Mobile products to be modestly to moderately higher than last quarter as sequential growth in revenue from major OEM customers, as a group, is partially offset by flat to slightly lower revenue from Chinese handset suppliers and Asian ODMs. Revenue from our Computing and Digital Consumer products is expected to be flat to slightly down sequentially this quarter," said Robert V. Dickinson, president and CEO. "The anticipated decline in revenue from our Medical devices this quarter that we have previously discussed should be largely offset by a one time spike in revenue from Other products. We also expect both core and total bookings to increase from last quarter while design win activity continues at a strong pace slightly below the record level of last quarter." Guidance Conference Call Today California Micro Devices will hold a conference call today at 2:00 p.m. Pacific Time to discuss its September quarter guidance. Within the USA, interested parties can access the conference call by dialing 800-218-0204. International parties may gain access by dialing 303-262-2131. No password is necessary. Telephone replay of the conference call will be available from approximately 4:00 p.m. Pacific Time today until 11:00 p.m. Pacific Time on October 1, 2004. To access this recording from within the USA, please dial 800-405-2236 and enter the conference pass code 11007073. International callers may gain access by dialing 303-590-3000 and entering the same pass code. California Micro Devices Corporation will release its actual September quarter results on Thursday, October 21, 2004 after the close of trading. The company will hold a conference call on the same day at 2:00 p.m. Pacific Time to discuss its results. About California Micro Devices Corporation California Micro Devices Corporation is a leading supplier of application specific analog semiconductor products for the mobile, computing and digital consumer markets. Key products include Application Specific Integrated Passive(TM) (ASIP(TM)) devices plus power management and interface ICs. Detailed corporate and product information may be accessed at http://www.calmicro.com/. All statements contained in this press release that are not historical facts are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. They are not guarantees of future performance or events. Rather, they are based on current expectations, estimates, beliefs, assumptions, and goals and objectives and are subject to uncertainties that are difficult to predict. As a result, our actual results may differ materially from the statements made. Often such statements can be identified by their use of words such as will, intends, expects, plans, believes, anticipates, and estimates. Forward-looking statements made in this release include our anticipated second quarter revenues and bookings, both overall and in specific markets, and our expected earnings per share and design win activity. These forward-looking statements are based upon our assumptions about and assessment of the future, which may or may not prove true, and involve a number of risks and uncertainties including, but not limited to, our distributor sell through, drawdown of vendor managed inventory, and turns and other orders being as anticipated during the final few weeks of the quarter; there being no interruption in the supply of quality product from our contract manufacturers, Tempe thin film facility, and contract assemblers and test houses; and there being no slow-down during the final few weeks of the quarter in the rate of order placement for subsequent quarters or in our design win activity as well as other risk factors detailed in the company's Form 8K, 10K, and 10Q filings with the Securities and Exchange Commission. Due to these and other risks, the company's future actual results could differ materially from those discussed above. These forward-looking statements speak only as to the date of this release, and, except as required by law, we undertake no obligation to publicly release updates or revisions to these statements whether as a result of new information, future events, or otherwise. NOTE: ASIP(TM) and Application Specific Integrated Passive(TM) are trademarks of California Micro Devices. All other trademarks are property of their respective owners. DATASOURCE: California Micro Devices CONTACT: Greg Miller, Chief Financial Officer of California Micro Devices, +1-408-934-3144, or Web site: http://www.calmicro.com/

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