Company Profile For Melexis Microelectronic Integrated Systems NV

Melexis NV is a Belgian company that designs, develops, tests and markets advanced integrated circuits (IC) for use in automotive electronics systems. The Company supplies sensor, communication and driver chips with analog and digital outputs. Melexis divides its activities into four divisions: Sensor, Actuator, Wireless and Opto. The Sensor division produces devices that are used in various automotive applications. It also supplies capacitive sensors to communicate with decision making systems in cars. The Actuator division focuses on high volume automotive electronic systems. The Wireless division designs and develops radio frequency IC. The Opto division produces Infrared and optical sensors. Through its subsidiaries and branch offices, Melexis NV is present in various countries, including Belgium, France, the Netherlands, Germany, Switzerland, Bulgaria, Ukraine, the United States, China, Philippines and Japan.

BRIEF: For the nine months ended 30 September 2009, Melexis NV's total revenue decreased 43% to EUR86.6M. Net loss for the period totaled EUR10.1M, vs. a net profit of EUR25.5M. Total revenue reflects a decrease in demand for the Company's products and services in the Sensors, Wireless, Actuators and Opto business segments as well as unfavorable markets conditions. Net loss for the period reflects a significantly increase in financial expenses.