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Potentia Semiconductor Announces Transfer of Communication Products Line
Potentia Semiconductor Announces Transfer of Communication Products Line.
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[{"type":"text","content":"\n\n\n\n\nOTTAWA, April 12 /CNW/ - Potentia Semiconductor, Inc. (\"Potentia\") today\nannounced the completion of the transfer of it's communication products\ncompany, Potentia Semiconductor Corporation, to Tundra Semiconductor (TSX:TUN)\non April 7, 2006.\nWith the release of its communications products line, Potentia will now\nfocus on the continued development and growth of its remaining product\nportfolio, targeted at the rapidly-growing digital display market. Potentia\ncontinues business under a new Canadian company with the Potentia\nSemiconductor name.\n\"The sale of our communications products company allows Potentia to\nsolely concentrate on the growth of our digital display business,\" said Tom\nGriffin, President and Chief Executive Officer of Potentia Semiconductor, Inc.\n\"We anticipate bringing significant customer value to this segment with novel\npower management and conversion solutions.\"\nPotentia maintains design and manufacturing capabilities in Canada and\nChina. The company services an international customer base through sales\noffice locations in North America, Asia and through a worldwide distribution\nnetwork.\n\nAbout Potentia Semiconductor: The Power Management Company\nPotentia Semiconductor supplies innovative power management and\nconversion solutions for power systems in digital displays and video systems.\nPotentia offers a comprehensive product portfolio for designers and\nmanufacturers of power supplies and on-board power architectures. Privately\nheld, Potentia is headquartered in Ottawa, Ontario. The Company is ISO\n9000:2001 certified.\nFor more information, please visit www.potentiasemi.com\n\n\n\n","length":1700,"tagName":"div"}]