Photo Release -- O2Micro Wins "The Best Product Award" in Power Management at 2013 China ACE Awards
GEORGE TOWN, Grand Cayman, March 13, 2013 (GLOBE NEWSWIRE) -- O2Micro(R) International Limited (OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, is pleased to announce that it received "The Best Product Award" at the 2013 China ACE Awards in the Power Management category. The award ceremony was held on March 1st at the 18th Annual IIC-China.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17591
O2Micro's OZ8952/OZ8953 chip set was granted the award. The OZ8952/OZ8953 is a stand-alone Li-lon/Polymer battery pack protection IC solution, which is the first chip set in the industry specifically designed for the power tool market. This chip set is a highly integrated voltage, current and temperature protection solution. It utilizes a NTC temperature sensor in a patented temperature protection solution to reduce system power consumption and overall cost, while maintaining user safety.
The OZ8952 supports 3- or 4-cell battery packs and the OZ8953 supports 5-cell battery packs. Applications include power tools, Notebook PCs, and uninterruptable power supplies, among others.
Mr. Brandon Smith, President of eMedia Asia Limited, said, "2013 China ACE Awards aim at rewarding people and enterprises that contribute to the electronic industry and the technological development of mainland China. All finalists and winners have played a very important role in improving the design and performance of electronic products in China."
The finalists of "The Best Product Award" were chosen by a panel of judges. The winners were selected by vote from the online engineering community of mainland China. The voting took place from December 2012 to January 2013.
Founded in April 1995, O2Micro develops and markets innovative power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. Products include LED General Lighting, Backlighting, Battery Management and Power Management.
O2Micro International maintains an extensive portfolio of intellectual property with 22,390 patent claims granted, and over 24,000 more pending. The company maintains offices worldwide. Additional company and product information can be found on the company website at www.o2micro.com.
O2Micro, the O2Micro logo, and combinations thereof are registered trademarks of O2Micro. All other trademarks or registered trademarks are the property of their respective owners.
The O2Micro International Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6567
Statements made in this release that are not historical, including statements regarding O2Micro's or management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. Factors that could cause actual results to differ materially include risks and uncertainties such as reduced demand for products of electronic equipment manufacturers which include O2Micro's products due to adverse economic conditions in general or specifically affecting O2Micro's markets, technical difficulties and delays in the developments process, and errors in the products. You are also referred to the Form F-1 in connection with the company's initial public offering in August 2000, Form F-3 in connection with the company's public offering in November 2001, and the annual reports on Form 20-F, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The company assumes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Scott L. Anderson
Director of Investor Relations, O2Micro
Phone: 408.987.5920, x8888