Stocks & Investing
Stocks and Investing
Stocks and Investing
Fri, March 18, 2011
Thu, March 17, 2011 
CAMARILLO, Calif.--([ BUSINESS WIRE ])--Vitesse Semiconductor Corporation (NASDAQ: VTSS) today confirmed that all of its employees in Japan are safe and that its office in Tokyo is undamaged and functional, following last weeka™s disastrous earthquake and tsunami. The Company extends its profound condolences as the Japanese people cope and recover from this natural disaster.
Based on initial evaluations, the Company currently does not anticipate any major impact on its ability to supply product to customers, and believes that its inventories are sufficient to meet global demand until any supply chain disruptions are resolved. The Company is also implementing a structured plan to continually assess the global supply chain for supply risk. Senior management will continue to monitor the situation closely.
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 (OTN), 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.
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.
