Synaptics Reports Record Results for First Quarter of F...(rends in target markets; andits assessme...)

Date:10/23/2008

rends in target markets; and its assessment of consumer demands for various applications. Synaptics cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include, but are not limited to, (a) demand for Synaptics' products, (b) market demand for OEMs' products using Synaptics' solutions, (c) changing market demand trends in the markets it serves, and (d) other risks as identified from time to time in Synaptics' SEC reports, including Quarterly Reports on Form 10-Q and the Annual Report on Form 10-K for the fiscal year ended June 30, 2008. All forward-looking statements are based on information available to Synaptics on the date hereof, and Synaptics assumes no obligation to update such statements.

(Tables to Follow)

SYNAPTICS INCORPORATED

CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

September 30, June 30,

2008 2008

Assets

Current assets:

Cash and cash equivalents $112,063 $96,218

Short term investments 40,427 50,298

Total cash, cash equivalents,

and short-term investments 152,490 146,516

Receivables, net of allowances of

$539 and $539, respectively 86,598 69,362

Inventories 25,138 21,065

Prepaid expenses and other current

assets 3,853 3,417

Total current assets 268,079 240,360

Property and equipmen
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SOURCE Synaptics Incorporated Copyright©2008 PR Newswire. All rights reserved

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