Tvia Announces Preliminary Third Quarter Fiscal 2007 Revenues

Tvia Announces Preliminary Third Quarter Fiscal 2007 Revenues

SANTA CLARA, Calif., Jan. 5 /PRNewswire-FirstCall/ -- Tvia, Inc. (NASDAQ:TVIA), a leading provider of digital display processors for advanced flat-panel TVs, broadcast digital DVRs, consumer displays and monitors, today announced preliminary revenues for its third fiscal quarter ended Dec. 31, 2006.

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

Based upon preliminary financial data, Tvia anticipates that revenues for the third quarter will be in the range of approximately $1.2 - $1.4 million. The revenue reflects a delay in shipments caused by a delay in component deliveries to Tvia's systems integrators and a delay in Tvia receiving letters of credit from customers.

The company plans to report its full third quarter 2007 financial results during the week of Feb. 5, 2007. A separate release giving the specific conference call date, time and dial-in numbers will be issued later this month.

Tvia: Tvia, Inc. is a fabless semiconductor company that designs and develops an extensive line of flexible, high quality digital display processors for digital LCD, PDP, HD, SD, and progressive-scan TVs, as well as other broadcast and consumer display products. Tvia owns and operates a leading independent TV design center, providing manufacturers with proven TV system designs, which Tvia believes allows manufacturers to produce and manufacture high quality flat-panel television at a lower cost with shortened time to market. The combination of Tvia's TrueView display processors and leading TV system designs gives Tvia's manufacturing customers an advantage for building cost-effective, high quality display solutions. More information about Tvia is available at www.tvia.com .

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future periods, beliefs or expectations, and include statements regarding expectations regarding revenues, shipments and timing of the reporting of its third quarter financial results. These statements are subject to risks and uncertainties, and actual results could differ materially. Factors that could cause or contribute to such differences include customer acceptance of Tvia's products, general economic conditions, our ability to manufacture sufficient quantities of products that meet customer demands, the availability or cost of component parts, or other risks associated with our business that are discussed in Tvia's Annual Report on Form 10-K for the year ended March 31, 2006 and Form 10-Q for the quarter ended September 30, 2006 filed with the Securities and Exchange Commission ("SEC"), and in other reports filed from time to time with the SEC.

Forward-looking statements included in this press 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

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: Keith Yee, Chief Financial Officer of Tvia, Inc.,
+1-408-327-8000, or Keith@tvia.com; or Deborah Stapleton of Stapleton
Communications Inc., +1-650-470-0200, or deb@stapleton.com, for Tvia, Inc.

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

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