Business Description

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Business Description Celebrating its 25th
anniversary in 2009, Cirrus Logic Inc. (Nasdaq
CRUS) is a fabless analog and mixed-signal
semiconductor company focused on being the
first-choice provider of high performance analog
and digital signal processing semiconductors for
various audio and energy markets. Cirrus Logics
audio products include data converters, Class D
amplification products, audio processors and
interface circuits that are used in a wide
variety of consumer, portable, professional and
automotive audio applications. Energy products
include ICs designed for a variety of energy
control, utility metering, high power, precision
measurement and energy exploration. Growth
Opportunities Cirrus Logic is focused on
delivering near term revenue growth driven by our
portable audio products. Revenue has grown from
0 in 2006 to just over 30 million in 2008, as
we have achieved design wins at tier 1 consumer
companies and captured significant market share.
Customers have adopted Cirrus Logic portable
audio ICs due to their innovations such as
improved battery life, reduction in board space
and decreased cost structure. Long term revenue
growth is expected to be achieved by applying our
mixed-signal expertise to the energy control
market, with a current focus on power factor
correction applications. These innovative
products will focus on reduction in board space
and passive components and higher
efficiency. Select Management Bios President
CEO - Jason Rhode, Ph.D. was named President and
Chief Executive Officer in May 2007. Previously,
Dr. Rhode served as vice president and general
manager of Cirrus Logic's Mixed Signal Audio
Division, where he oversaw the revitalization of
Cirrus Logic's strong portfolio of analog and
mixed-signal converter ICs for consumer and
professional audio markets. CFO - Thurman Case
was appointed Chief Financial Officer in February
2007. Mr. Case joined Cirrus Logic in 2000 and
has served in key executive financial management
positions. Mr. Case holds a bachelor of
economics degree and an MBA from New Mexico State
University. Audio Products - Scott Anderson, Sr.
Vice President and General Manager of the
Mixed-Signal Audio Division, joined the company
in October 2007. Previously, Mr. Anderson served
as president and COO of Freescale
Semiconductor Energy Products - Tom Stein, was
named Vice President and General Manager of the
EXL Division in September 2008. Mr. Stein is a
long-time Cirrus Logic employee, and has held
various key leadership positions in the sales and
marketing divisions.
Quick Facts Headquarters Austin Texas Nasdaq
CRUS Year Incorporated
1984 52-Week Range 2.16 - 6.12 Price, Sept
25, 2009 5.53 Market
Capitalization 361 million Common Shares
Outstanding 65.2 million Cash, as of June
27th 122 million Fiscal Year End
March 27, 2010 Revenue, FY2009
175 million
Portable Audio Revenue (Goals/ Actual)
Quarterly Revenue FY08, FY09, FY10
Guidance
YTD Stock Performance 10/1/09
Thurman Case
Jeremy Allen Chief Financial Officer
Investor Relations Director 2901 Via
Fortuna 2901 Via
Fortuna Austin, Texas 78746
Austin, Texas 78746 [phone]
[phone]
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