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Business Description
Intersil Corporation is a global designer and manufacturer of high-performance analog integrated circuits, operating exclusively in the semiconductor industry. The Company's products are designed primarily to addresses applications in four principal end markets: High-End Consumer, which includes optical storage and video display products, handheld power management products and certain standard analog drivers; Computing, consisting of desktop, server and notebook power management, including core power devices and other peripheral applications; Communications, which includes line drivers, broadband and hot plug power management products and high speed converters, and Industrial, including the Company's Elantec family of operational amplifiers, bridge driver power management products, interface and analog switches and multiplexers and other standard analog products. The Company manufactures its products using its own fabrication facility as well as external foundry companies.

Financial Information
For the 13 weeks ended 4/2/04, revenues rose 19% to $137.4 million. Net income from continuing operations rose 60% to $23.1 million. Revenues reflect the acquisition of the Elantec product group and an increase in the Power Management product group. Earnings also reflect the inclusion of a $13.8 million income tax benefit.