Press Release
June 4, 2008
RIM SEMICONDUCTOR COMPANY
RECEIVES $1 MILLION PURCHASE ORDER
(Business Wire) –
June 4, 2008 -- Rim Semiconductor Company (OTCBB: RSMI), a
company that develops technology for telecommunications service
providers, is pleased to announce that it has received a
purchase order for $1,050,000. The customer is a manufacturer of
equipment that is used in the telecom and data industry.
The order is for the
Cupria™ transport processor, which is capable of higher data
speeds, over longer distances, than competing transport
processors. Rim Semi believes that this customer will order more
products in the future.
“We are pleased to have been selected for an important data
networking product that will be sold around the world”, stated
Brad Ketch, president and chief executive officer of Rim
Semiconductor Company.
About Rim Semiconductor Company
Rim Semiconductor Company (OTCBB: RSMI) develops technology for
telecommunications companies to deliver demanding new video and
data services with lower network costs. The company’s products
allow data to be transmitted at greater speed and across
extended distances over existing copper wire—all with the
highest quality of service—for a better end-user experience. For
more information, visit www.rimsemi.com.
Forward-Looking Statements
With the exception of historical information contained in this
press release, this press release may include "forward-looking
statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements involve risks
and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements,
including but not limited to the following: product development
difficulties; market demand and acceptance of products; the
impact of changing economic conditions; business conditions in
the Internet and telecommunications industries; reliance on
third parties, including potential suppliers, licensors, and
licensees; the impact of competitors and their products; risks
concerning future technology; and other factors detailed in this
press release and in the company's Securities and Exchange
Commission filings. Rim Semi is currently seeking additional
financing necessary to enable it to fulfill this order. It will
not recognize revenues from the order until it obtains such
financing and builds and ships the ordered products. Rim
Semiconductor is under no obligation and does not assume any
obligation to revise or update any forward looking statement in
this press release in order to reflect events or circumstances
that may arise in the future.
Contact: Brad Ketch
503-257-6700
info@rimsemi.com