Friday, March 18, 2011

Vitesse statement regarding Japan earthquake impact

CAMARILLO, USA: Vitesse Semiconductor Corp. confirmed that all of its employees in Japan are safe and that its office in Tokyo is undamaged and functional, following last week’s disastrous earthquake and tsunami. The company extends its profound condolences as the Japanese people cope and recover from this natural disaster.

Based on initial evaluations, the company currently does not anticipate any major impact on its ability to supply product to customers, and believes that its inventories are sufficient to meet global demand until any supply chain disruptions are resolved.

The company is also implementing a structured plan to continually assess the global supply chain for supply risk. Senior management will continue to monitor the situation closely.

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