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
