IDT PureTouch® Capacitive Touch Technology Selected for Hanvon E-Book

SAN JOSE, Calif., February 24, 2011– Integrated Device Technology, Inc. (IDT®; NASDAQ: IDTI), the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, todayannounced that its PureTouch® capacitive touch controller has been selected for use in theHanvon WISEreader, a popular e-book reader based on e-ink technology, which results in a paper-like visual effect for the user. Hanvon is a leading e-book provider in China.

          The Hanvon WISEreader utilizes two IDTLDS6107devices to enable touch-based page forward and page back control sliders, leveraging the built in PureTouch slider function. IDT’s device offers optimized state-machine- and register-based configuration for easy implementation, while the  ultra-low power consumption specifications make it ideal for the extended battery life requirements of e-books.  

         “We are thrilled to partner with Hanvon on this innovative product,” said Alvin Wong, general manager of the IDT Advanced User Interface group.“Our PureTouch controller’s built-in slider function and flexible interface options are a perfect fit for Hanvon’s WISEreader. The device has empowered Hanvon’s system designers to create a streamlined, attractive and reliable product design.”

         “The IDT PureTouch controller was an ideal solution for our WISEreader,” said Mr. Wang Bangjiang, vice president at Hanvon.“We wanted to provide our customers with an advanced device that was easy to use and with low power consumption. Using the IDT PureTouch controller for our  slider accomplished both these goals.”

About IDT Touch Solutions
IDT is a leading provider of touch controller solutions for consumer, commercial and industrial applications. The IDT PureTouch portfolio of capacitive touch controller devices offers an integrated touch controller that combines the functionality of multiple discrete components into an optimized  application-specific solution. The IDT touch technology focuses on reducing board space and improving power consumption, as well as providing enhanced sensory feedback. For additional information on IDT touch solutions, visitwww.idt.com/go/touch.

About IDT
Integrated Device Technology, Inc., the Analog and Digital Company™, combines analog and digital technology to develop system-level innovations that optimize customers’ applications and enrich the end-user experience. IDT uses its market leadership in timing, serial switching and interfaces, and adds  analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol“IDTI.” Additional information about IDT is accessible atwww.IDT.com. Follow IDT onFacebook,LinkedIn,Twitter, andYouTube.

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IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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IDT to Showcase Industry-Leading Products at Embedded World 2011

SAN JOSE, Calif., February 15, 2011– Integrated Device Technology, Inc. (IDT®; NASDAQ: IDTI), the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, today announced thatit will be exhibiting industry-leading products from its expanding product portfolio at the 2011 Embedded World Exhibition and Conference on March 1-3 in Nuremberg, Germany.

          IDT will be demonstrating a variety of products for embedded applications, including PCI Express® interconnect solutions and select members from its comprehensive timing portfolio, including the highly versatile VersaClock™ III programmable clock family. In addition, the IDT 3CP0C02 all-silicon oscillator will be featured at the show. The IDT 3CP0C02 replaces quartz crystal-based oscillators with a monolithic CMOS IC at a frequency accuracy of 100 ppm and below, and at very thin form factors without the use of any mechanical frequency source or PLL. The product is specifically designed to work with next-generation interfaces, such as 1Gb Ethernet, SAS, SuperSpeed USB (USB 3.0) and PCI Express.

         IDT will also be demonstrating some of its new mixed-signal products, including high-performance signal conditioning repeaters for multi gigabit, serial-differential protocols as well as its family of PureTouch® capacitive touch controllers and its single-layer multi-touch capacitive touch screen solution.

         “Embedded applications have unique requirements that are very different than the requirements for consumer applications. IDT has a long history of serving the embedded market with innovative products. The Embedded World Exhibition and Conference is a perfect venue for  showcasing some of our new products for this key market,” said Pietro Polidori, vice president and managing director for Europe, Middle East, and Africa at IDT.“We will be showing customers and industry leaders products that they expect from IDT based on our leadership in digital technologies and timing, as well as recently announced devices that are a result of our new analog capabilities. These new analog capabilities, coupled with our digital expertise, position us to provide unique system-level solutions that optimize our customers’ applications.”    IDT’s power metering presentation at IIC China will be held from 2:00pm to 2:50pm CST on February 24, 2011 in conference room 1, hall 2, in the Shenzhen Convention& Exhibition Center.

         To illustrate new capabilities and company direction, IDT will also showcase new products from its power management and metering portfolios, including the industry’s most flexible microcontroller-based Intelligent System Power Management Solution targeted for portable applications, and its first family of energy metering ICs for smart meters. IDT’s high-accuracy metering ICs feature the widest dynamic range in the industry, helping to simplify the design and improve the performance of smart meters. The metering IC family has already found success within  the smart meter markets both in Europe and Asia.

About IDT
Integrated Device Technology, Inc., the Analog and Digital Company™, combines analog and digital technology to develop system-level innovations that optimize customers’ applications and enrich the end-user experience. IDT uses its market leadership in timing, serial switching and interfaces, and adds  analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol“IDTI.” Additional information about IDT is accessible atwww.IDT.com. Follow IDT onFacebook,LinkedIn,Twitter, andYouTube.

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IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

 

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IDT to Present and Exhibit Advanced Mixed-Signal Products at IIC-China

SAN JOSE, Calif., February 10, 2011– Integrated Device Technology, Inc. (IDT®; NASDAQ: IDTI), the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, today announced that it will be exhibiting its latest products at theIIC-China Conference and Exhibition in Shenzhen, Chinaon February 24-26, 2011. Product demonstrations will be on display in booth 2F15 on the main showroom floor. IDT will also be speaking at IIC China, showcasing the industry’s widest dynamic range power metering products.

          The IIC China 2011 Spring conference comes at a great time for IDT to showcase several new and exciting products poised to gain strong traction in China this year. Such products to be exhibited include the industry’s first true single-layer projected capacitivetouch screentechnology with complementary controller IC, the highly flexibleVersaClock™ IIIprogrammable output clocking family, the powerfulHQV™ Vidaadvanced video processing device, and industry’s widest rangepower metering ICs.

         In addition, IDT will deliver a presentation introducing theIDT90E2xfamily of wide dynamic range energy metering products. The presentation will cover the design of a 1 A to 100 A wide-span single-phase energy meter and the numerous benefits of using the IDT90E2x device. Recent energy meter designs using the IDT90E2x devices at Gude GmbH and Sanxing reinforce the value of IDT’s superior solutions.

         “China is a very important region for IDT. Our talented analog and digital engineers at our China design facility and other IDT design facilities throughout the world are focused on creative designs to meet the needs of this growing market and beyond,” saidSean Fan, vice president and general manager of IDT China.“Our growing portfolio of innovative mixed signal products emphasizes IDT’s commitment to maintaining market leadership. Early design wins and positive feedback for our new products are evidence that our focus is proving successful.”

          IDT’s power metering presentation at IIC China will be held from 2:00pm to 2:50pm CST on February 24, 2011 in conference room 1, hall 2, in the Shenzhen Convention& Exhibition Center.

About IDT
Integrated Device Technology, Inc., the Analog and Digital Company™, combines analog and digital technology to develop system-level innovations that optimize customers’ applications and enrich the end-user experience. IDT uses its market leadership in timing, serial switching and interfaces, and adds  analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol“IDTI.” Additional information about IDT is accessible atwww.IDT.com. Follow IDT onFacebook,LinkedIn,Twitter, andYouTube.

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IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

 

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IDT Introduces Industry’s First Single-Layer Multi-Touch Capacitive Touch Screen Controller

SAN JOSE, Calif., January 31, 2011– Integrated Device Technology, Inc. (IDT^®; NASDAQ: IDTI), the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions,today announced the industry's first touch screen controller IC optimized for IDT's proprietary single-layer multi-touch projected capacitive touch screen technology. This new touch screen technology and controller solution revolutionizes the market by offering atruesingle-layer solution, not requiring cross-over isolation points that other solutions require, yet still maintaining full multi-touch capability. The result is a lower-cost total solution that does not sacrifice features or performance.Typical applications include mobile handsets, personal navigation devices, and handheld gaming platforms with screen sizes up to five inches.     

The IDTLDS7000andLDS7001are high-performance, multi-touch, full resolution touch screen controller ICs featuring up to 30 and 35 sensor channels, respectively. Both controllers operate at a speedy 8ms data rate for quick response to touch inputs to improve the user's experience and enable advanced applications that require fast response times. The IDT LDS7000 family's proprietary algorithms eliminate undesired multi touch ghosting, providing accurate individual X and Y coordinates in dual touch mode, a critical requirement for customers using host-interpreted custom gestures to differentiate their end product. The devices' analog front-end design provides a high level of noise rejection performance that negates the need for a separate touch screen shield layer for most applications, lowering the overall solution cost even further.

"The new LDS7000 family of touch controllers enables our customers to take full advantage of IDT's true single-layer touch screen technology," said Alvin Wong, general manager of the Advanced User Interface group at IDT."Our innovative design and multi-touch capabilities allow touch screen manufacturers to simplify their manufacturing processes, yet maintain the critical feature set that is required for today's most advanced consumer devices. IDT continues to extend its presence in breakthrough capacitive touch technologies and designs that improve the user experience, so our customers can deliver winning products to the market."

"The market for multi-touch capable controllers continues to expand based on increasing adoption rates across the globe of smartphones, and since 2010, an exploding market for media tablet PCs," said Randy Lawson, Principal Analyst, Display Electronics at iSuppli Corporation."As screen resolutions and application processor data rates continue to climb in these applications, the ability to discern and reject injected noise at the controller has become a more compelling feature for device manufacturers when selecting their touch screen controller IC provider."

The IDT LDS7000 and LDS7001 devices offer native support for a 10-bit resolution (1024 x 1024) with the ability to scale the touch values of the X and Y axes, offering the flexibility to apply this solution to different resolution LCD and AMOLED panels. In addition, the single-layer solution offers improved backlight transmittance, while the devices' low power modes maximize battery life in portable electronics.

Pricing and Availability

The IDT LDS7000 is currently sampling to qualified customers and is available in a 5x5 mm, 40-pin TQFN package. It is priced at $2.50 in 10,000-unit quantities. The IDT LDS7001 is currently sampling to qualified customers and is available in a 6x6 mm, 48-pin TQFN package. It is priced at $2.95 in 10,000-unit quantities. For more information, please visitwww.idt.com/go/touch.

About IDT

Integrated Device Technology, Inc., the Analog and Digital Company™, combines analog and digital technology to develop system-level innovations that optimize customers' applications and enrich the end-user experience. IDT uses its market leadership in timing, serial switching and interfaces, and adds analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol"IDTI." Additional information about IDT is accessible atwww.IDT.com.Follow IDT onFacebook,LinkedIn,Twitter, andYouTube.

 

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IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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IDT Reports Fiscal Q3 2011 Financial Results

SAN JOSE, Calif., January 31, 2011— Integrated Device Technology, Inc. (IDT^®) (NASDAQ: IDTI), the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, today announced results for the fiscal third quarter ended January 2, 2011.

           "Our third quarter results were in line with our prior projections as we continue to execute our long-term strategy," said Dr. Ted Tewksbury, president and CEO of IDT."We made significant progress reducing channel inventories during the quarter, while growing sales in the enterprise computing end market. We are well positioned to accelerate revenue and earnings growth in the second half of this calendar year as our core business improves and new products continue to ramp, driven by cloud computing and the rollout of 4G/LTE wireless infrastructure."

Recent Highlights

IDT recently announced:

·        The world's first Serial RapidIO Gen2 switches with virtual channel and security functionality to improve network performance and scalability of 4G LTE deployment.

·        The industry's first fully JEDEC-compliant Memory Buffer for DDR3 LRDIMM, enabling a new generation of DDR3 memory technology for servers, workstations and storage equipment.

·        It demonstrated the world's lowest power DDR3 register running at an industry-first 1,867Mbps in a standard server at the Supercomputing 2010 (SC10) conference.

·        The industry's first signal-conditioning re-timers that are fully compliant with the upcoming release of the PCI Express® 3.0 standard, for use in servers, enterprise storage and communications systems.

·        The industry's first single-layer multi-touch capacitive touch screen controller, which simplifies the sensor manufacturing process and lowers cost without sacrificing features or performance.

·        It demonstrated the world's first usage of the DisplayPort™ auxiliary channel to carry touch screen data to the operating system in tablets, notebooks and other display devices.

·        The introduction of the industry's first DisplayPort-over-Ethernet adapter based on the IDT VLX1000 PanelPort™ LinkXtend&trade device.

·        A new family of DisplayPort-to-HDMI or DVI translators targeted at tablet and multi-monitor applications.

·        Its new real-time clock with temperature compensation, providing high accuracy and ultra-low power for use in utility metering, HVAC, point-of-sale terminals, security alarms, vending machines and other security-related equipment.

The following highlights the Company's financial performance on both a GAAP and non-GAAP basis. The GAAP results include certain costs, charges, gains and losses, which are excluded from non-GAAP results based on management's determination that they are not directly reflective of on-going operations. Non-GAAP results are not in accordance with GAAP and may not be comparable to non-GAAP information provided by other companies. Non-GAAP information should be considered a supplement to, and not a substitute for, financial statements prepared in accordance with GAAP. A complete reconciliation of GAAP to non-GAAP results is attached to this press release.

·        Revenue for the fiscal third quarter of 2011 was $153.2 million, up 8 percent from $142.5 million reported in the same period one year ago.

·        GAAP net income for the fiscal third quarter of 2011 was $10.6 million or $0.07 per diluted share, versus a GAAP net loss of $7.4 million or a loss of $0.04 per diluted share in the same period one year ago. Fiscal third quarter 2011 GAAP results include $5.6 million in acquisition and divestiture related charges, $4.5 million in stock-based compensation and $3.3 million in restructuring-related costs.

·        Non-GAAP net income for the fiscal third quarter of 2011 was $23.0 million or $0.15 per diluted share, compared with non-GAAP net income of $17.3 million or $0.10 per diluted share reported in the same period one year ago.

·        GAAP gross profit for the fiscal third quarter of 2011 was $82.5 million, or 53.9 percent, compared with GAAP gross profit of $59.7 million, or 41.9 percent, in the same period one year ago. Non-GAAP gross profit for the fiscal third quarter of 2011 was $88.2 million, or 57.5 percent, compared with non-GAAP gross profit of $72.8 million, or 51.1 percent, reported in the same period one year ago.

·        GAAP R&D expense for the fiscal third quarter of 2011 was $46.1 million, compared with GAAP R&D expense of $38.3 million reported in the same period one year ago. Non-GAAP R&D expense for the fiscal third quarter of 2011 was $41.3 million, compared with non-GAAP R&D of $34.6 million in the same period one year ago.

·        GAAP SG&A expense for the fiscal third quarter of 2011 was $27.1 million, compared with GAAP SG&A expense of $24.8 million in the same period one year ago. Non-GAAP SG&A expense for the fiscal third quarter of 2011 was $23.3 million, compared with non-GAAP SG&A expense of $21.0 million in the same period one year ago.  

Webcast and Conference Call Information

Investors can listen to a live or replay webcast of the Company’s quarterly financial conference call athttp://www.IDT.com. The live webcast will begin at 1:30 p.m. Pacific time on January 31, 2011. The webcast replay will be available after 5 p.m. Pacific time on January 31, 2011.

Investors can also listen to the live call at 1:30 p.m. Pacific time on January 31, 2011 by calling (800) 230-1096 or (612) 332-0107. The conference call replay will be available after 5 p.m. Pacific time on January 31, 2011 through 11:59 p.m. Pacific time on February 7, 2011 at (800) 475-6701 or (320) 365-3844. The access code is 188185.

About IDT

Integrated Device Technology, Inc., the Analog and Digital Company™, combines analog and digital technology to develop system-level innovations that optimize customers’ applications and enrich the end-user experience. IDT uses its market leadership in timing, serial switching and interfaces, and adds analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol“IDTI.” Additional information about IDT is accessible atwww.IDT.com. Follow IDT onFacebook,LinkedIn,Twitter, andYouTube.

Forward Looking Statements

Investors are cautioned that forward-looking statements in this release, including but not limited to statements regarding demand for Company products, anticipated trends in Company sales, expenses and profits, involve a number of risks and uncertainties that could cause actual results to differ materially from current expectations. Risks include, but are not limited to, global business and economic conditions, fluctuations in product demand, manufacturing capacity and costs, inventory management, competition, pricing, patent and other intellectual property rights of third parties, timely development and introduction of new products and manufacturing processes, dependence on one or more customers for a significant portion of sales, successful integration of acquired businesses and technology, availability of capital, cash flow and other risk factors detailed in the Company's Securities and Exchange Commission filings. The Company urges investors to review in detail the risks and uncertainties in the Company's Securities and Exchange Commission filings, including but not limited to the Annual Report on Form 10-K for the fiscal year ended March 28, 2010. All forward-looking statements are made as of the date of this release and the Company disclaims any duty to update such statements.

Non-GAAP Reporting

The Company presents non-GAAP financial measures because the investor community uses non-GAAP results in its analysis and comparison of historical results and projections of the Company's future operating results. These non-GAAP results exclude restructuring-related costs, acquisition and divestiture-related charges, share-based compensation expense and certain other expenses and benefits. Management uses these non-GAAP measures to manage and assess the profitability of the business. These non-GAAP results are also consistent with another way management internally analyzes IDT's results and may be useful to investor community. The Company has reconciled non-GAAP results to the most directly comparable GAAP financial measures in the financial tables at the end of this press release.

Reference to these non-GAAP results should be considered in addition to results that are prepared under general accepted accounting standards in the United States (GAAP), but should not be considered a substitute for results that are presented in accordance with GAAP. It should also be noted that IDT's non-GAAP information may be different from the non-GAAP information provided by other companies.

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IDT, PanelPort, LinkXtend and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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IDT Introduces Industry’s First Fully JEDEC-Compliant Memory Buffer for DDR3 LRDIMM

SAN JOSE, Calif., January 31, 2011– Integrated Device Technology, Inc. (IDT^®; NASDAQ: IDTI), the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions,today introduced the industry's first JEDEC-compliant Memory Buffer for DDR3 (MB3), to enable a new generation of DDR3 memory technology for servers, workstations and storage equipment. The IDT MB3 device dramatically increases server memory capacity, reliability, and scalability, critical bottlenecks in the performance of virtualized applications and services. 

TheIDT MB301Lhas been designed for use in load-reduced dual in-line memory modules (LRDIMMs) at up to DDR3-1600 speeds at 1.5V and 1.35V, delivering high performance and low power consumption in an integrated solution.The MB3 also delivers an unmatched suite of proprietary features, such as full source synchronous DRAM training algorithms, ultra-flexible pattern generation, error insertion/detection, and on-die scope capability via software. These features enhance performance, reliability and system testing.

LRDIMM is a new type of memory module being defined for the needs of next generation server applications, particularly Cloud Computing. Servers targeting the Cloud Computing model require highly scalable memory architectures to support the performance and elasticity needs of virtualized resources. LRDIMM technology delivers that scalability with a"pay as you go" approach to appropriately size a server's main memory pool as the user base evolves. Unlike RDIMMs, the performance of LRDIMMs does not significantly degrade as the number of DIMMs in a channel increases, maximizing the efficiency of a given set of CPU resources..”

“LRDIMM is a critical technology to enhance server performance in virtualized environments such as Cloud Computing," said Mario Montana, vice president and general manager of the Enterprise Computing Division at IDT."IDT is the industry leader in memory buffer technology dating back to FBDIMM, and that expertise and domain knowledge is applied to our MB3 products for DDR3. We have worked diligently with our customers, ecosystem partners and the JEDEC standards group to bring this new technology to fruition."

Unlike the DDR3 register used in RDIMM, which only buffers command, address and clock signals, the IDT MB301L manages all signals between the memory controller and SDRAM. By improving signal integrity both in the motherboard channel and on the LRDIMM, and effectively training the exchange of data to and from the DRAMs, the IDT MB301L allows higher densities of memory to be run at greater speeds and with fewer population restrictions than when using RDIMMs. The net result is the ability to run four or more times as much memory in a two-socket server at the highest speed grades supported.

Pricing and Availability

The IDT MB301L is sampling now in a MBG-588 package and is compatible with JEDEC LRDIMM modules designs. Contact your local sales or distribution representative for pricing. For more information, please visitwww.idt.com/go/MB3.

About IDT

Integrated Device Technology, Inc., the Analog and Digital Company™, combines analog and digital technology to develop system-level innovations that optimize customers' applications and enrich the end-user experience. IDT uses its market leadership in timing, serial switching and interfaces, and adds analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol"IDTI." Additional information about IDT is accessible atwww.IDT.com.Follow IDT onFacebook,LinkedIn,Twitter, andYouTube.

 

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IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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