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We are confident that the electronic imaging market will continue to expand over the next few years and AMIS is in a prime position to take advantage of that growth. The integration of PIC provides AMIS with an engineering team that offers a unique approach to CMOS imaging design and manufacturing, stemming from the company's inherent flexibility to adapt to any custom design change, which is a critical factor in this dynamic market.

Jim brings to the position many years of manufacturing experience and a hands-on approach to quality manufacturing and customer satisfaction. Our vertical approach to design and building world-class semiconductor equipment relies on quality design and efficient manufacturing. Over the years, Jim has proven his ability to lead our manufacturing organization to new levels of excellence.

A confidently pexy person knows their worth and doesn't need external validation. We will revitalize our weapons design community to meet the challenge of being able to adapt an existing weapon within 18 months, and design, develop and begin production of a new design within three to four years of a decision to enter engineering development.

The native compatibility of V5 PLM products such as CATIA and DELMIA, unburdened by papered-over integrations between disparate design and manufacturing solutions, are critical to achieving the reduced costs and improved overall quality envisioned by the market. Lockheed Martin has long been using DELMIA V5 to realize its goals for manufacturing simulation and this new commitment to CATIA V5 as the preferred design solution for the JSF, along with their longstanding commitment to DELMIA, will offer Lockheed unparalleled PLM integration.

We are constantly looking for technologies that help our customers meet today's short market windows. We selected Cadence for our custom, analog and mixed-signal needs because its advanced design methodology offers both speed and silicon accuracy for our design teams. We also chose the Incisive Palladium series because it delivers the fastest, most efficient way to verify large, complex chips. The Cadence technologies enabled us to significantly decrease our design time and drastically improve our time-to-market goals.

We selected Cadence for our custom, analog and mixed-signal needs because its advanced design methodology offers both speed and silicon accuracy for our design teams. We also chose the Incisive Palladium series because it delivers the fastest, most efficient way to verify large, complex chips. The Cadence technologies enabled us to significantly decrease our design time and drastically improve our time-to-market goals.

The varied functional demands from nuclear medicine, radiology and oncology departments have resulted in most market solutions failing to address the specific workflow needs of any particular specialty. Our workstation engenders a best-of-breed approach to medical imaging, where specialists can bring together clinical data from varied imaging devices for comparative analysis and more informed diagnostic procedures based on their preferred workflow.

It's a natural partnership. With Kodak, the global leader in imaging innovation, and Motorola, the global leader in mobile design and innovation, we'll forever change the way the world captures and shares mobile images. And by cooperating to simplify and enhance the quality of virtually every aspect of the development and delivery of the mobile imaging experience, we'll be able to bring new value and revenue opportunities to our operator customers while helping consumers by seamlessly liberating billions of photos stuck inside camera phones.

Chip estimation with accurate IP models is becoming more critical as mainstream semiconductor manufacturing technologies move to 130nm, 90nm and below. Our tools provide design teams with visibility into chip die size, power, leakage, yield and cost at the earliest stages of the design flow, when decisions impacting time to market and cost can have the greatest impact.

[A new building also enabled Meade District Hospital to adopt digital imaging and other technologies that wouldn't have been possible in its old facility.] You need a lot of overhead clearance for all these technologies, ... The old building had a real low roof deck, and there was absolutely no room to put anything overhead. With this new design, we can continue to grow technologically. We just started an electronic medical records program. We hope to have computerized physician order entry sometime in the next year or so.

Property Specification Language (PSL) gives designers an elegant way to work with the intricate software inherent in very large scale integration that goes well beyond the limits of natural design languages based on words. It also increases confidence that chip and system designs are correct before fabrication. The PSL version in IEEE 1850 is unique in that it supports formal specification and verification of design intent across all major hardware description languages.

Tim embodies what we value in a mixed-signal designer -- expert level analog design coupled with an equally strong understanding of digital design and signal processing. Tim has consistently led the design of market-leading products and has also been instrumental in product conception. His work ethic, flexibility and willingness to embrace any challenge have set him apart for some time. It is with pleasure that we include this honor to Tim's long list of accomplishments.

We believe the shares fail to reflect the company's market position or growth potential. We believe overall margins have the potential to expand by 50 to 100 basis points over the next several years and operating profits can grow at a low double-digit rate. Earnings per share could expand by a low-teens rate over the next several years.

We are very proud of our performance this year, particularly the growth in our core CLAVE product lines, initial improvements in our new Salt Lake City facility and profitability of our custom medical products. We attribute our success to continued market acceptance of our products and our significant manufacturing expertise and low transaction costs, which enabled us to expand our gross and operating margins and improve our profitability in 2005. Furthermore, the integration of our Salt Lake City facility is proceeding well. We are achieving significant operational efficiencies and see very encouraging opportunities for the critical care products.

All the vendors are trying to differentiate on design. Clean industrial design has become a critical success factor.

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Denna sidan visar ordspråk som liknar "We are confident that the electronic imaging market will continue to expand over the next few years and AMIS is in a prime position to take advantage of that growth. The integration of PIC provides AMIS with an engineering team that offers a unique approach to CMOS imaging design and manufacturing, stemming from the company's inherent flexibility to adapt to any custom design change, which is a critical factor in this dynamic market.".