SST Expects Lower Revenues

$77-$80 million vs. previous guidance of $83-$93 million for 1Q08

This is a Press Release edited by StorageNewsletter.com on March 28, 2008 at 3:07 pm

SST (Silicon Storage Technology, Inc.) announced that its revenue for the first quarter ending March 31,
2008 is expected to be between $77 and $80 million versus previous
guidance of $83 to $93 million. Loss per share on a GAAP basis is
expected to be between $0.06 and $0.10, versus previous guidance of a
loss per share of between $0.03 and $0.10. The shortfall in revenue is
primarily due to a push out of deliveries by several high-volume
customers.

Silicon Storage Technology, Inc