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Mon, December 14, 2009

ANADIGICS Names Tong Hsing Supplier of the Year


Published on 2009-12-14 07:07:52 - Market Wire
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WARREN, NJ--(Marketwire - December 14, 2009) - [ ANADIGICS ], Inc. (NASDAQ: [ ANAD ]) today announced it has awarded Tong Hsing Electronic Industries Limited the Supplier of the Year award. The Supplier of the Year Award program is being launched in 2009 to recognize suppliers who go above and beyond to deliver on its commitments and ensure ANADIGICS' success. The announcement was made during the inauguration ceremony of Tong Hsing's newest facility in the Philippines. The 2009 Award is the first year launch by ANADIGICS of this prestigious award.

Tong Hsing won the Supplier of the Year award based on its exemplary performance in several key areas including technology, quality, responsiveness, delivery and total cost management. The award was also made in recognition of the strong strategic relationship with the Company.

"This is an incredible honor given to Tong Hsing by ANADIGICS. It is with great pride that I accept this award on behalf of the entire team that has made it possible," said Mr. Jay Yang, chief executive officer, Tong Hsing Electronic Industries Limited. "The team from both Tong Hsing and ANADIGICS have worked side by side for over ten years to bring us to where we are today. We look forward to this partnership growing for many years to come."

"We're pleased to be able to recognize Tong Hsing for its outstanding performance and dedication to quality and success throughout 2009," stated Russ Wagner, vice president, operations for ANADIGICS. "The importance of outstanding quality and operational excellence throughout the entire manufacturing value chain is key to our company's success. In Tong Hsing, we have a supplier that understands our strategy and business needs and delivers without fail on a regular basis."

About ANADIGICS, Inc.

ANADIGICS, Inc. (NASDAQ: [ ANAD ]) is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. Founded in 1985 and headquartered in Warren, NJ, the company's award-winning products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules. For more information, visit [ www.anadigics.com ]

About TONG HSING ELECTRONIC IND LTD.

Tong Hsing Electronic Industries Limited is a world leader in micro module foundry services, specializing in the development and manufacture of micro modules and custom semiconductor packages. Founded in 1975 and headquartered in Taipei, Taiwan, Tong Hsing has held to the principle of providing best solutions for the company and its customers, devoting our energies to become our customers' best business partner by offering substantial benefits in the form of competitive pricing, timely delivery and quality products. Visit us at [ www.theil.com ].

Safe Harbor Statement

Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe," "anticipate," "expect," or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2008, and those discussed elsewhere herein.

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