| LitePoint’s Q3 Financials: Another Record |
LitePoint’s Q3: Another RecordThe plan continues unabated SUNNYVALE, CA – December 21, 2007 – LitePoint Corporation, a provider of wireless test system solutions, racked up a record quarter in Q3 2007. “Our quarterly revenues just keep pushing higher,” said Qing (pronounced “ching”) Lu, LitePoint’s vice president of finance. “The third quarter exceeded the previous record quarter by seven percent, and exceeded Q3 2006 by 112 percent,” Lu stated.LitePoint focuses entirely on the wireless market serving IC makers, original design makers (ODMs), original equipment manufacturers (OEMs) and brand-owning companies. Its common-platform systems, using software-defined DSP technology, offer tailored and efficient testing that spans the wireless value chain. Since 2003, LitePoint ( a privately held company founded in 2000) has had an uninterrupted sequence of profitable quarters in the wireless test-system market. Its test-system solutions cover Wi-Fi, WiMAX, WiMedia, Bluetooth and ZigBee-based devices and systems. LitePoint has also demonstrated an ability to test GPS and cell-phone- related connectivity technologies. “With wireless penetrating virtually all areas of consumer electronics, we have an ideal opportunity field to explore and serve,” stated Benny Madsen, LitePoint’s chief executive officer. “And, our continuing success in our current markets provides the means for that exploration and market expansion.” About LitePoint CorporationLitePoint Corporation, based in Sunnyvale California, designs, develops, markets, and supports advanced wireless test solutions for: developers and marketers of branded wireless products; consumer electronics and contract manufacturers; and wireless IC designers. Through its in-house expertise in the design of wireless systems and ICs, LitePoint has developed innovative test solutions to assure products conform to specifications, interoperate with other compliant products, and perform as described. LitePoint's test products address both development and high-volume production, providing its customers with superior return on investment, accelerated time-to-market, improved manufacturing yields, improved product quality, and increased profitability. For more information, visit LitePoint at www.litepoint.com IQview, IQflex, IQnxn, and IQmax are registered trademarks and IQsignal, IQwave IQfact, IQcheck, IQdebug, IQmeasure, TrueCable, TrueChannel and LitePoint are trademarks of LitePoint Corporation. All other marks are property of their respective owners. # # # ContactRob Brownstein, VP MR&CLitePoint Corporation +1 408-456-5000 x1131 This email address is being protected from spam bots, you need Javascript enabled to view it
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