SAN JOSE, Calif.
Aug 16, 2000
Xilinx, Inc. (NASDAQ: XLNX) announced today that it will participate in the 2000 National Association of Investors Corporation (NAIC) National Congress and Expo on August 16-19, in Philadelphia, PA. This annual event provides individual investors with an opportunity to meet with representatives of publicly held companies and to attend investing seminars.
Xilinx is the leading innovator of complete programmable logic solutions. Founded in 1984 and headquartered in San Jose, California, Xilinx invented the field programmable gate array (FPGA) and fulfills more than half of the world demand for these devices today. Programmable logic devices (PLDs) are standard integrated circuits programmed by system designers to meet the unique logic requirements of their electronic systems. Xilinx programmable logic solutions reduce significantly the time required to develop products for the networking, telecommunications, and computing markets.
Since introducing our first PLD in 1985, Xilinx has realized many significant milestones:
-- Successful history of growth: Xilinx reported sales of $1.02 billion in fiscal year 2000, up 54% from the previous year. This represents a compound annual growth rate of 30% from the $97.6 million in revenues reported for fiscal year 1991. -- Technology leadership: In fiscal year 2000, Xilinx invested $123.5 million in research and development -- more than any other PLD company during the same period. Xilinx holds over 450 patents governing the design of our PLDs. -- Consistent profitability: Xilinx's patent-protected devices and software solutions create high barriers to entry in the PLD industry. As a result, Xilinx has consistently reported gross margins in excess of 60%, and operating margins of 28% and greater over the past several years. -- Other milestones: Xilinx split its stock 2:1 on two occasions during calendar 1999. Xilinx was added to the S&P 500 Index in November 1999. Business Week magazine recently named Xilinx one of the "Hottest 50 Companies in the S&P 500" based on eight different financial metrics.
Additional information is available at exhibitor booth #503 at the 2000 NAIC National Congress. Copies of financial literature are available via fax or voice recording by dialing Xilinx's shareholder service line at 800-836-4002. Xilinx's Investor Relations web site is http://www.investor.xilinx.com/.
SOURCE: Xilinx, Inc.
Contact: James Hawley of Xilinx, Inc., 408-879-5198