Tvia Expects Flat Revenue for Fourth Quarter

Tvia Expects Flat Revenue for Fourth Quarter

SANTA CLARA, Calif., March 30 /PRNewswire-FirstCall/ -- Tvia, Inc. (Nasdaq SmallCap: TVIA), a leading provider of display processors for the digital and interactive TV market, announces today that financial results for the fourth quarter of fiscal year 2006, ending March 31, 2006, may be at the same level of third quarter of fiscal year 2006, ending December 31, 2005, due to an unexpected material shortage.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050419/SFTU130LOGO )

ABOUT TVIA

Tvia, Inc. is a fabless semiconductor company which designs and develops an extensive line of flexible, high-quality digital display processors creating next-generation digital LCD, HD, SD, and progressive-scan TVs, as well as other multimedia related devices. Tvia provides customers with the foundation for building the most cost-effective display solutions on the market. Tvia's processors enhance viewer experience through the simultaneous presentation of multiple, independent media streams, and high resolution graphics on one or more displays. Tvia provides customers the foundation for building the most cost-effective display solutions and at the same time raises the bar by enhancing the viewer experience through simultaneous presentation of multiple, independent media streams, and high resolution graphics on one or more displays. More information about Tvia is available at www.tvia.com.

Information in this release that involves Tvia's expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include statements as to Tvia's focus, strategy and progress, Tvia's development of new products, the features and benefits of Tvia's products, and product acceptance and introduction by customers. All forward-looking statements included in this release are based upon information available to Tvia as of the date of this release, and Tvia assumes no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences or risks associated with our business are discussed in the Company's Annual Report on Form 10-K for the year ended March 31, 2005 filed on June 17, 2005, and Form 10-Q for the quarter ended December 31, 2005 filed on February 14, 2006 with the Securities and Exchange Commission ("SEC"), and in other reports filed from time to time with the SEC. These risks include, but are not limited to, the slower than anticipated emergence of the interactive television market, our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a timely manner, and the extent and duration of the current economic and business environment.

Photo: http://www.newscom.com/cgi-bin/prnh/20050419/SFTU130LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk photodesk@prnewswire.com

Source: Tvia, Inc.

CONTACT: Diane Bjorkstrom, Chief Financial Officer, of Tvia, Inc.,
+1-408-982-8593, or dbjorkstrom@tvia.com

Web site: http://www.tvia.com/

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