SAN JOSE, Calif., Oct. 25, 2006 (PRIMEZONE) -- Power Integrations (Pink Sheets:POWI), the leader in high-voltage analog integrated circuits for power conversion, today announced that it intends to release selected financial information for the third quarter of 2006 and host a conference call for members of the investment community on November 2, 2006 at 1:30 pm Pacific time.
As previously announced, Power Integrations is in the process of restating its historical financial results to reflect revisions to the measurement dates of certain past stock-option grants. The company has completed its analysis and is currently in the process of pre-clearing its accounting treatment with the Securities and Exchange Commission. The company intends to file its outstanding annual and quarterly reports as soon as practicable after pre-clearing its accounting treatment.
Conference call details
The conference call may be accessed via live webcast on the investor info section of the company's website, www.powerint.com, or by dialing 800-374-0113 from within the U.S. or 706-758-9607 from outside the U.S. A replay of the call will be available for one week by dialing 800-642-1687 (U.S.) or 706-645-9291 (non-U.S.) and entering access code 8548123.
About Power Integrations
Power Integrations, Inc. is the leader in high-voltage analog integrated circuits for power conversion. The company's breakthrough technology enables compact, energy-efficient power supplies in a wide range of AC-DC and DC-DC applications. The company's EcoSmart(r) energy-efficiency technology, which dramatically reduces energy waste, has saved consumers and businesses around the world more than an estimated $1.8 billion on their electricity bills since its introduction in 1998. For more information, visit the Power Integrations website at www.powerint.com.