GSI Technology Updates Outlook Regarding Third-Quarter Fiscal

GSI Technology Updates Outlook Regarding Third-Quarter Fiscal 2013
Revenues 
Third-Quarter Conference Call Scheduled for January 31, 2013 
SUNNYVALE, CA -- (Marketwire) -- 01/14/13 --   GSI Technology, Inc.
(NASDAQ: GSIT) announced that, on the basis of preliminary financial
results, it expects to report net revenues of approximately $17.5
million for its third fiscal quarter ended December 31, 2012,
compared to guidance of $15.0 million to $16.0 million that the
Company provided early in the third quarter. GSI also reported that
direct and indirect sales to its largest customer, Cisco Systems, are
expected to be approximately $6.5 million in the third quarter,
compared to $4.9 million in the previous quarter. In addition,
shipments to military customers were up significantly compared to the
prior quarter. The Company cautioned that these results are
preliminary and subject to change.  
The Company expects to release its third-quarter financial results
after the market close on Thursday, January 31, 2013, when management
will also conduct a conference call to review the Company's third
quarter financial results and its current outlook for the fourth
quarter.  
Any investor or interested individual can listen to the
teleconference, which is scheduled to begin at 1:30 p.m. Pacific
(4:30 p.m. Eastern) on January 31st. To participate in the
teleconference, please call toll-free 888-437-9445 approximately 10
minutes prior to the above start time and provide Conference ID
3438787. You may also listen to the teleconference live via the
Internet at www.gsitechnology.com. For those unable to attend, this
web site will host an archive of the call.  
About GSI Technology 
Founded in 1995, GSI Technology, Inc. is a leading provider of
high-performance static random access memory, or SRAM, products
primarily incorporated in networking and telecommunications
equipment. Headquartered in Sunnyvale, California, GSI Technology is
ISO 9001 certified and has worldwide factory and sales locations. For
more information, please visit www.gsitechnology.com.  
Forward-Looking Statements 
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements included in this press
release are based upon information available to GSI Technology as of
the date hereof, and GSI Technology assumes no obligation to update
any such forward-looking statements. Forward-looking statements
involve a variety of risks and uncertainties, which could cause
actual results to differ materially from those projected. These risks
include those associated with the normal quarterly financial closing
process, which could result in adjustments to the preliminary
third-quarter fiscal 2013 revenues contained in this release. Further
information regarding other risks relating to GSI Technology's
business is contained in the Company's filings with the Securities
and Exchange Commission, including those factors discussed under the
caption "Risk Factors" in such filings. 
Contacts:
Douglas M. Schirle 
Chief Financial Officer 
408-331-9802  
Philip Bourdillon/Gene Heller
Silverman Heller Associates
310-208-2550 
 
 
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