New brand identity, logo and website reflects Valens'
holistic strategy of leveraging its core technology to power
cross-industry innovation
HOD HASHARON, Israel, Jan. 3, 2024
/PRNewswire/ -- Valens Semiconductor (NYSE: VLN) today revealed a
refreshed brand that reinforces the company's position as a leader
in high-performance connectivity. The refined brand – which
includes a new visual identity, logo design and website – reflects
Valens' holistic strategy of leveraging its core technology to
power innovations across numerous industries.
"The refreshed Valens brand embodies the spirit of our team,
which pushes boundaries every day and dares to make the impossible
a reality," said Gideon Ben-Zvi,
Chief Executive Officer of Valens Semiconductor. "Valens chipsets
are found in millions of products, and our cutting-edge
technology is setting new standards across diverse industries. Our
solutions outperform the competition by enabling high performance
in the harshest, most challenging conditions, and our new refreshed
brand reflects our unrivaled technology and pioneering spirit."
The need for resilient and uncompromised connectivity is
becoming more pivotal in today's rapidly evolving technological
landscape. Valens Semiconductor's long-reach, high-resolution,
error-free video connectivity chipsets give companies across
diverse industries the flexibility to innovate without constraints.
The new brand illustrates how Valens chipsets provide a robust
connectivity foundation that can be adapted to a variety of
interfaces, applications, and industries, including automotive,
video-conferencing, education, medical, industrial and many
others.
Backed by more than 15 years of experience and over 100 patents,
Valens Semiconductor technology forms the basis of standards
spanning across multiple industries. The company's superior
physical layer (PHY) technology leverages innovative AI-driven
error correction mechanisms that constantly learn and adapt the
transmission to the dynamic noise environment, enabling
mission-critical applications to perform seamlessly.
The new brand positions Valens chipsets as the 'hidden gems' at
the heart of its customers' products, enabling optimal
functionality and superior performance. The new website shines a
light on Valens chipsets to reflect the evolution of the company
and its technology. Valens Semiconductor will showcase its new
brand identity at CES 2024, taking place January 9-12 in Las
Vegas.
"Our cutting-edge connectivity solutions are in high demand, and
we are positioned to continue to help our customers create novel
products by setting new standards for innovation and driving
connectivity forward," said Ben-Zvi. "We are excited to illustrate
the extent to which our technology and passionate team are having
an impact on people's everyday lives."
To see the new brand identity, visit www.valens.com.
About Valens Semiconductor
Valens Semiconductor (NYSE: VLN) is a leader in high-performance
connectivity, enabling customers to transform the digital
experiences of people worldwide. Valens' chipsets are integrated
into countless devices from leading customers, powering
state-of-the-art audio-video installations, next-generation
videoconferencing, and enabling the evolution of ADAS and
autonomous driving. Pushing the boundaries of connectivity, Valens
sets the standard everywhere it operates, and its technology forms
the basis for the leading industry standards such as HDBaseT® and
MIPI A-PHY. For more information,
visit https://www.valens.com/.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding our anticipated future results, including
financial results, currency exchange rates, and contract wins, and
future economic and market conditions. These statements are based
on various assumptions, whether or not identified in this press
release, and on the current expectations of Valens Semiconductor's
("Valens") management and are not predictions of actual
performance. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as, and
must not be relied on by any investor as, a guarantee, an
assurance, a prediction or a definitive statement of fact or
probability. Actual events and circumstances are difficult or
impossible to predict and will differ from assumptions. Many actual
events and circumstances are beyond the control of Valens
Semiconductor.
These forward-looking statements are subject to a number of
risks and uncertainties, including the cyclicality of the
semiconductor industry; the effect of inflation and a rising
interest rate environment on our customers and industry; the
ability of our customers to absorb inventory; the effects of health
epidemics, such as the recent global COVID-19 pandemic; the impact
of the global pandemic caused by COVID-19 on our customers' budgets
and on economic conditions generally, as well as the length,
severity of and pace of recovery following the pandemic;
competition in the semiconductor industry, and the failure to
introduce new technologies and products in a timely manner to
compete successfully against competitors; if Valens fails to adjust
its supply chain volume due to changing market conditions or fails
to estimate its customers' demand; disruptions in relationships
with any one of Valens' key customers; any difficulty selling
Valens' products if customers do not design its products into their
product offerings; Valens' dependence on winning selection
processes; even if Valens succeeds in winning selection processes
for its products, Valens may not generate timely or sufficient net
sales or margins from those wins; sustained yield problems or other
delays in the manufacturing process of products; our ability to
effectively manage, invest in, grow, and retain our sales force,
research and development capabilities, marketing team and other key
personnel; our ability to timely adjust product prices to customers
following price increase by the supply chain; our ability to adjust
our inventory level due to reduction in demand due to inventory
buffers accrued by customers; our expectations regarding the
outcome of any future litigation in which we are named as a party;
our ability to adequately protect and defend our intellectual
property and other proprietary rights; the market price and trading
volume of the Valens ordinary shares may be volatile and could
decline significantly; political, economic, governmental and tax
consequences associated with our incorporation and location in
Israel; and those factors
discussed in Valens' Form 20-F filed with the SEC on March 1, 2023 under the heading "Risk Factors,"
and other documents of Valens filed, or to be filed, with the SEC.
If any of these risks materialize or our assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Valens does not presently know or that Valens
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect Valens'
expectations, plans or forecasts of future events and views as of
the date of this press release. Valens anticipates that subsequent
events and developments may cause Valens' assessments to change.
However, while Valens may elect to update these forward-looking
statements at some point in the future, Valens specifically
disclaims any obligation to do so. These forward-looking statements
should not be relied upon as representing Valens' assessment as of
any date subsequent to the date of this press release. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
Valens Semiconductor Media Contact:
Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
Yoni.dayan@valens.com
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SOURCE Valens Semiconductor