SAN JOSE, Calif., March 7, 2025 /CNW/ -- Spectra7 Microsystems Inc. (TSXV: SEV) (OTCQB: SPVNF) ("Spectra7"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") effective today with Parade Technologies, Ltd. (TPEx: 4966.TWO) ("Parade"), an arm's length party and a leading supplier of video display, touch controller, and high-speed interface ICs, under which Parade will acquire substantially all of the assets (the "Assets") of Spectra7 and its subsidiaries (the "Sale Transaction"). The Assets include intellectual property (IP), products, designs, inventory, and other specified items.

SAN JOSE, Calif., March 7, 2025 /PRNewswire/ -- Spectra7 Microsystems Inc. (TSXV: SEV) (OTCQB: SPVNF) ("Spectra7"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") effective today with Parade Technologies, Ltd. (TPEx: 4966.TWO) ("Parade"), an arm's length party and a leading supplier of video display, touch controller, and high-speed interface ICs, under which Parade will acquire substantially all of the assets (the "Assets") of Spectra7 and its subsidiaries (the "Sale Transaction"). The Assets include intellectual property (IP), products, designs, inventory, and other specified items.

SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ -- (TSXV: SEV) (OTCQB: SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, today announced a major follow on order from a key Asia based datacenter customer. The order represents 100% share from the customer in the specified application, which deploys Spectra7's GC2502 Dual Channel 56Gbps PAM4Linear Equalizer IC operating in an active copper cable configuration at 200 Gb/s.

SAN JOSE, Calif., Feb. 10, 2025 /CNW/ -- (TSXV: SEV) (OTCQB: SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, today announced a major follow on order from a key Asia based datacenter customer. The order represents 100% share from the customer in the specified application, which deploys Spectra7's GC2502 Dual Channel 56Gbps PAM4Linear Equalizer IC operating in an active copper cable configuration at 200 Gb/s.

SAN JOSE, Calif., Dec. 13, 2024 /CNW/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, today announced the retirement of Dave Mier as Interim CFO and the appointment of Ron Pasek, Spectra7's Board Chair, as Interim CFO, effective today.

SAN JOSE, Calif., Dec. 13, 2024 /PRNewswire/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, today announced the retirement of Dave Mier as Interim CFO and the appointment of Ron Pasek, Spectra7's Board Chair, as Interim CFO, effective today.

Expanding Customer Engagements in Data Center and AI Scale-Up/Scale-Out Backend Networks for both 112 and 224Gbps Products

Third Quarter 2024 Financial Results

SAN JOSE, Calif., Nov. 11, 2024 /CNW/ - (TSXV: SEV) (OTCQB: SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, today announced that its Board of Directors has appointed Omar Javaid, a highly accomplished tech executive, as the Company's new Chief Executive Officer and a member of the board, effective today. The Company also announced its financial results for the quarter ended September 30, 2024. A copy of the unaudited consolidated financial statements for the three and nine months ended September 30, 2024, and the corresponding management's discussion and analysis (the "MD&A") will be available under the Company's profile on www.sedarplus.ca. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.

Expanding Customer Engagements in Data Center and AI Scale-Up/Scale-Out Backend Networks for both 112 and 224Gbps Products

Third Quarter 2024 Financial Results

SAN JOSE, Calif., Nov. 11, 2024 /PRNewswire/ - (TSXV: SEV) (OTCQB: SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, today announced that its Board of Directors has appointed Omar Javaid, a highly accomplished tech executive, as the Company's new Chief Executive Officer and a member of the board, effective today. The Company also announced its financial results for the quarter ended September 30, 2024. A copy of the unaudited consolidated financial statements for the three and nine months ended September 30, 2024, and the corresponding management's discussion and analysis (the "MD&A") will be available under the Company's profile on www.sedarplus.ca. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.

SAN JOSE, Calif., Oct. 21, 2024 /CNW/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for broadband connectivity markets, such as AI networks, hyperscale data centers, and AR/VR, today announced that it will be presenting at the LD Micro Main Event XVII investor conference to be held October 28-30, 2024 in Los Angeles. As part of the conference, the Company will conduct a group presentation at 3:30 pm Pacific Time on Tuesday, October 29, 2024. To join the presentation online, please visit the webcast link available at https://www.spectra7.com/investors/.

SAN JOSE, Calif., Oct. 21, 2024 /PRNewswire/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for broadband connectivity markets, such as AI networks, hyperscale data centers, and AR/VR, today announced that it will be presenting at the LD Micro Main Event XVII investor conference to be held October 28-30, 2024 in Los Angeles. As part of the conference, the Company will conduct a group presentation at 3:30 pm Pacific Time on Tuesday, October 29, 2024. To join the presentation online, please visit the webcast link available at https://www.spectra7.com/investors/.

Strengthened Balance Sheet with C$12.5 Million in New Capital in the Second Quarter, C$11.7 Million in Debt Eliminated

Advancing Key Data Center Testing Activity

SAN JOSE, Calif., Aug. 29, 2024 /PRNewswire/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for broadband connectivity markets, such as AI networks, hyperscale data centers, and AR/VR, today announced its financial results for the three and six months ended June 30, 2024. A copy of the unaudited interim consolidated financial statements for the three and six months ended June 30, 2024, and the corresponding management's discussion and analysis (the "MD&A") will be available under the Company's profile on www.sedarplus.ca. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.

Strengthened Balance Sheet with C$12.5 Million in New Capital in the Second Quarter, C$11.7 Million in Debt Eliminated

Advancing Key Data Center Testing Activity

SAN JOSE, Calif., Aug. 29, 2024 /CNW/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leader in high-performance analog semiconductors for broadband connectivity markets, such as AI networks, hyperscale data centers, and AR/VR, today announced its financial results for the three and six months ended June 30, 2024. A copy of the unaudited interim consolidated financial statements for the three and six months ended June 30, 2024, and the corresponding management's discussion and analysis (the "MD&A") will be available under the Company's profile on www.sedarplus.ca. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.