Audience Recognized as Number 49 on Deloitte's 2013 Technology Fast 500
Fastest Growing Semiconductor Company in Silicon Valley 2008-2012(1)
MOUNTAIN VIEW, CA -- (Marketwired) -- 11/13/13 -- Audience(R), Inc.
(NASDAQ: ADNC), the leader in advanced voice and audio processing for
mobile devices, today announced that it has been recognized as number
49 on Deloitte's Technology Fast 500(TM), a ranking of the 500
fastest growing technology, media, telecommunications, life sciences
and clean technology companies in North America. Rankings were based
on revenue growth from 2008 to 2012 -- with Audience's revenue
increasing from $2.4M in 2008 to $143.9M in 2012. Based on a review
of the rankings in Deloitte's Technology Fast 500, Audience was the
highest ranked semiconductor company in the San Francisco Bay Area /
Silicon Valley. More than 350 million Audience earSmart Advanced
Voice processors have shipped since its first product was introduced
for mobile phones in 2008.
Audience's chief executive officer, Peter Santos credits the
Company's success to a talented employee pool focused on the thriving
smartphone opportunity in mass markets like the U.S. and China. He
said, "On behalf of my fellow employees, it's an honor to receive
this prestigious award. We feel that our strength in driving the
human interface shift to voice in smartphones positions us extremely
well to help proliferate Advanced Voice features into PCs, tablets,
televisions, automotive, wearables and other computing applications."
This marks the first appearance by Audience in Deloitte's Technology
Fast 500. Since its inception the company has focused on innovating
"brain-like" technologies that enable superior call experiences on
mobile devices. Today's smart devices which feature Audience earSmart
technology deliver better voice quality for clear conversations in
nearly any setting, better performance in speech recognition
applications, and enhanced audio for multimedia recording and
playback, including mobile video, music, and more. Audience earSmart
processors have been featured in devices from Dell, HTC, Huawei, LG,
Pantech, Samsung, Xiaomi, ZTE and more.
For more information on earSmart(TM) Advanced Voice processors from
Audience, please go here.
Audience is the leader in advanced voice and audio
processing for mobile devices. Its family of earSmart(TM) intelligent
voice processors is based on the processes of human hearing, to
suppress background noise and enhance mobile voice quality.
Audience's technology substantially improves the mobile voice
experience, while also improving the performance of speech-based
services, and enhancing audio quality for multimedia. Audience
earSmart(TM) processors are featured in mobile devices from leading
providers in Asia-Pacific, Europe and the U.S. The company is based
in Mountain View, California. For more information, see
About Deloitte's 2013 Technology Fast 500(TM)
Technology Fast 500,
conducted by Deloitte LLP, provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and clean
technology companies -- both public and private -- in North America.
Technology Fast 500 award winners are selected based on percentage
fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition,
companies must own proprietary intellectual property or technology
that is sold to customers in products that contribute to a majority
of the company's operating revenues. Companies must have base-year
operating revenues of at least $50,000 USD or CD, and current-year
operating revenues of at least $5 million USD or CD. Additionally,
companies must be in business for a minimum of five years, and be
headquartered within North America.
Cautionary Note Concerning Forward-Looking Statements
the press release regarding Audience, Inc., which are not historical
facts, are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements may be identified by terms such as
believe, will, feel, and could and the negative of these terms or
other similar expressions. These statements, including but not
limited to our beliefs regarding our strengths and our position to
proliferate into other markets and applications, are based on current
expectations and assumptions that are subject to risks and
uncertainties. Our actual results could differ materially from those
we anticipate as a result of various factors, including: our ability
to enter new end user product markets; our ability to develop new or
enhanced products in a timely manner that achieve market acceptance;
and other risks inherent in fabless semiconductor businesses. For a
discussion of these and other related risks, please refer to "Risk
Factors" in our most recent Form 10-Q, which is available on the
SEC's website at www.sec.gov. Forward-looking statements represent
our management's beliefs and assumptions only as of the date made. We
assume no obligation to update these forward-looking statements.
(1) The Technology Fast 500 is based on percentage of revenue growth
from fiscal year 2008-2012. Audience grew 5764 percent during this
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