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SST Expects Lower Revenues

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

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

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