charting new directions in i o interconnect silicon annual report 2004 was a successful year for plx terms of financial performance and progress growth initiatives addition to increasing revenues by 43 over grew cash investments 7 0 million 30 3 also marked the eleventh consecutive that we earned net profit on pro forma basis furthermore improved our prospects expanded addressable market launching product line acquiring leading products company since late 90 s most business derived from chips implement peripheral component pci standard is computer system architecture widely used microprocessor based systems through focus communications storage embedded has become supplier alcatel cisco ge ibm intel one thousand other customers accelerating expansion been major objective 2002 strategy build leadership investing emerging express adding complementary
