SPECTRA7 MICROSYSTEMS INC - SPVNF STOCK NEWS

Spectra7 Microsystems (OTCQB: SPVNF) announced its participation in DesignCon 2022, taking place on April 6-7 in Santa Clara, CA. The company will showcase its innovative Active Copper Cable products designed for high-speed solutions up to 800Gbps. This event is a premier conference for high-speed interconnect technology, attracting engineers globally. Spectra7 aims to demonstrate its cutting-edge technology at booth #1158.

Spectra7 Microsystems Inc. (OTCQB: SPVNF) is set to showcase its new GC1122 chip at the Optical Fiber Conference (OFC) in San Diego from March 8-10, 2022. This chip supports 112Gbps PAM4 signaling, addressing the limitations of passive copper cables in high-speed data centers. The GC1122 extends cable reach to 4.5 meters while consuming only 200mW per channel—12 times less than optical solutions. CEO Raouf Halim noted significant interest from Hyperscalers in 400Gbps and 800Gbps cables enabled by this technology, signaling a growth opportunity for Spectra7's Active Copper Cables (ACCs).

Spectra7 Microsystems announced its participation in the Ethernet Alliance OFC 2022 Demo showcasing its GaugeChanger™ enabled 200G Active Copper Cables (ACCs). The demonstration, set for March 8-10, 2022, features connections between Arista's switches and Spirent test equipment. Tencent, a major client, utilizes these cables for a data center expansion, reportedly reducing interconnect CAPEX by 50% and power consumption. This highlights Spectra7's innovative technology that supports various Gbps standards while providing significant cost and energy savings.

Spectra7 Microsystems Inc. (OTCQB: SPVNF), a leader in high-performance analog semiconductor products, announced CEO Raouf Halim's participation at the 34th Annual Roth Conference on March 14-15, 2022, at The Ritz Carlton, Laguna Niguel, California. Spectra7 focuses on providing innovative solutions for broadband connectivity in data centers and immersive technologies. Investors are invited to arrange one-on-one meetings via the provided contacts. For further details or registration, visit this link.

Spectra7 Microsystems announced participation in the Alliance Global Partners Virtual Emerging Growth Technology Conference on February 2, 2022. CEO Raouf Halim and CFO Bonnie Tomei will represent the company, which focuses on high-performance analog semiconductors for broadband connectivity. The management will also be available for virtual meetings with institutional investors. Interested parties can contact the company’s investor relations at ir@spectra7.com for scheduling.

Spectra7 Microsystems Inc. has reported a preliminary fourth quarter 2021 revenue of approximately $2.6 million, marking a 600% increase year-over-year. The company expects unconstrained demand for 2022 to exceed $20 million, bolstered by a backlog of $9 million. While fourth-quarter gross margin improved to 59%, challenges due to industry-wide supply constraints have impacted order fulfillment. Spectra7 anticipates Q1 2022 revenue between $3.0 million and $4.0 million amid ongoing supply chain issues.

Spectra7 Microsystems Inc. announced on December 13, 2021, the completion of amendments to its existing 7% unsecured convertible debentures. The amendments, effective December 9, 2021, maintain the conversion price at $2.50 per common share until maturity, specifically through July 9, 2022. The interest rate and other debenture features remain unchanged. This strategic move enables the company to preserve its current conversion price, providing stability in the capital structure amidst its focus on high-performance analog semiconductor products for connectivity markets.

Spectra7 Microsystems Inc. (OTCQB:SPVNF), a leader in high-performance analog semiconductors, will present at the SNN Network Canada Virtual Event 2021 on December 8, 2021, at 1:30 PM EST. CEO Raouf Halim and CFO Bonnie Tomei will lead the presentation and engage with investors. Interested parties should register in advance for the event via the provided links. Following the presentation, webcasts will be available on the conference platform. Spectra7 specializes in delivering enhanced bandwidth and speed for various connectivity markets.

Spectra7 Microsystems Inc. (SPVNF), a leader in high-performance analog semiconductor products, announced its participation in the Benchmark Company Discovery One-on-One Investor Conference on December 2, 2021. CEO Raouf Halim and CFO Bonnie Tomei will attend virtually. Management will also be available for meetings with interested investors. The company specializes in providing advanced bandwidth and resolution for the electronics industry, including applications in virtual reality and data centers.