MoSys, Inc., (NASDAQ: MOSY), a provider of serial chip-to-chip communications solutions that deliver unparalleled bandwidth performance for next generation networking systems and advanced system-on-chip (SoC) designs, reported financial results for the fourth quarter and fiscal year ended December 31, 2011.

“During the fourth quarter, we significantly strengthened our cash position through the $35 million sale of a portion of our memory technology patent portfolio. We are very pleased to have completed this transaction, which provides us with ample funding to advance the development of our Bandwidth Engine IC business,” said Len Perham, MoSys’ President and Chief Executive Officer. “We are now well positioned to focus on executing our strategy to become an IP-rich fabless semiconductor company.

“In addition to the patent sale, fourth quarter financial results reflected a strong increase in revenue driven by completion of milestones on IP licensing projects, as well as ongoing royalty revenue. In the coming quarters, our primary focus will be to drive demand and achieve additional design wins for our Bandwidth Engine IC family.

“From a technology perspective, in 2012, we will also continue to focus on R&D activities for our Bandwidth Engine product roadmap, while closely managing our operating costs. MoSys recently earned ISO 9001:2008 certification for its IC operations, which is a significant step toward achieving enterprise-grade quality and furthering its evolution as an IP-rich fabless semiconductor company,” concluded Mr. Perham.

MoSys, Inc. is a provider of high-performance networking memory solutions and high-speed, multi-protocol serial interface intellectual property (SerDes IP). MoSys’ leading edge Bandwidth Engine® ICs combine the company’s patented 1T-SRAM® high-density memory with its SerDes IP and are initially targeted at providing breakthroughs in bandwidth and access performance in next generation networking systems.

More about MOSY at www.mosys.com.

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OmniVision Technologies, Inc. (NASDAQ:OVTI), a leading developer of advanced digital imaging solutions, will release its financial results for the third quarter of fiscal 2012 following the close of market on Thursday, February 23, 2012. The Company will host a conference call to discuss its financial results at 5:00 p.m. Eastern time on that day. The conference call will be webcast and will be accessible on OmniVision’s web site at www.ovt.com. The call will also be accessible by dialing 800-215-2410 (domestic) or 617-597-5410 (international) and entering passcode 70893066. A web archive will be available following the call at www.ovt.com. A telephonic replay will be available for one week beginning approximately one hour following the conclusion of the call, at 888-286-8010 (domestic) or 617-801-6888 (international) and entering passcode 66589778.

OmniVision Technologies, Inc. engages in designing, developing, and marketing semiconductor image-sensor devices worldwide.

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Crossroads Systems, Inc. (NASDAQ:CRDS), a global provider of data protection solutions and services, will hold a conference call on Wednesday, February 29, 2012 at 4:30 p.m. Eastern Time (3:30 p.m. Central Time) to discuss its fiscal first quarter results ended January 31, 2012. Financial results will be issued in a results after close of market on the same day. Crossroads Systems’ President and CEO Rob Sims and CFO Jennifer Crane will host the presentation followed by a question and answer period.

Crossroads Systems, Inc. provides solutions to connect, protect, and secure business-critical data for enterprise storage and the cloud computing market worldwide.

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LTX-Credence Corporation (Nasdaq:LTXC), a global provider of market focused, cost-optimized ATE solutions, announced that it will present at the Stifel Nicolaus 2012 Technology & Telecom Conference on Thursday, February 9, 2012 at 10:55 a.m. PST. This event will be available over the Internet via live webcast. The live webcast may be accessed via LTX-Credence’s Investor Relations home page at www.ltxc.com. A replay of the webcast will be available for one month following the conference.

LTX-Credence Corporation designs, manufactures, markets, and services automated test equipment solutions for the wireless, computing, automotive, and consumer markets.

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Tags: Crossroads Systems, LTX Credence, MOSY, Nasdaq:CRDS, Nasdaq:LTXC, NASDAQ:OVTI, Notable Stocks, OmniVision

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