20th May 2009 07:00
EMBARGOED until 7.00am BST 20 May 2009
ARM HOLDINGS PLC - ANALYST AND INVESTOR DAY
CAMBRIDGE, UK, 20 May 2009-ARM Holdings plc [(LSE: ARM); (NASDAQ: ARMH)], the world's leading semiconductor intellectual property supplier, will be hosting analyst and investor presentations today in London.
The presentations will cover the following topics:
|
1. |
ARM Investment Case |
Tim Score, Chief Financial Officer |
|
2. |
Growth Through the Industry Cycle |
Warren East, Chief Executive Officer |
|
3. |
Growing the Licensing Base |
Antonio Viana, EVP Worldwide Sales |
|
4. |
End Market Drivers |
Ian Drew, EVP Marketing |
There will be a live audio webcast from the company's website at www.arm.com/ir commencing at 10am. Copies of the presentation and replay of the audio webcast will be available from the website by 5pm BST on 20 May 2009.
Trading and foreign exchange rate update
Current trading is consistent with the outlook commentary included in our Q1 earnings announcement on 29 April 2009. No new trading information will be disclosed during the presentations.
As noted in our Q1 earnings announcement and conference call, the effective rate of translation for ARM's Q2 revenues is expected to be higher than the average exchange rate in the quarter. If the exchange rate remains similar to the current level of $1.55, the effective rate of translation for Q2 is expected to be in the range $1.57 to $1.60. In the second half of 2009, the difference between the effective rate of translation of ARM's revenues and the average exchange rate is expected to be less significant than in the first half.
Over 95% of ARM revenues and approximately 50% of ARM costs are dollar denominated.
CONTACTS:
|
Sarah West/Pavla Shaw |
Tim Score/Ian Thornton |
|
Brunswick |
ARM Holdings plc |
|
+44 (0)207 404 5959 |
+44 (0)1628 427800 |
About ARM
ARM designs the technology that lies at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM's comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, video engines, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools. Combined with comprehensive design services, training, support and maintenance, and the company's broad Partner community, they provide a total system solution that offers a fast, reliable path to market for leading electronics companies. More information on ARM is available at http://www.arm.com
ARM is a registered trademark of ARM Limited. ARM7, ARM9, ARM11, Cortex and Mali are trademarks of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries: ARM Inc.; ARM KK; ARM Korea Limited.; ARM Taiwan Limited; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium NV; ARM Germany GmbH; ARM Embedded Technologies Pvt. Ltd.; ARM Norway AS and ARM Sweden AB.
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