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About Genesis®

Founded in 1987, Genesis Microchip Inc. is the established leading supplier of display image processors in both the flat-panel TV and LCD monitor markets. The world‘s leading television and PC manufacturers rely on Genesis‘s award-winning, patented technologies and display controller solutions to produce visibly better and more vibrant images in their displays. Headquartered in Silicon Valley, California, Genesis operates on a global level to serve customers in their own countries with sales and support centers in Taipei, Taiwan; Seoul, Korea; Shenzhen, China; Tokyo, Japan and Singapore. In addition to its administrative and development center in the Silicon Valley, the Company also maintains two development sites in Toronto, Canada and Bangalore, India.

In January 2008, Genesis was acquired by STMicroelectronics, a leader in digital consumer technologies. The acquisition of Genesis strengthens STMicroelectronics’ ability to expand its leadership in the $1.5 billion digital TV market, one of the fastest growing segments in consumer semiconductors.

About STMicroelectronics

STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2007, the Company's net revenues were $10 billion. Further information on ST can be found at www.st.com.
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