Tripath Technology Inc. (Tripath), incorporated in July 1995, designs, develops and markets integrated circuit devices for the consumer and personal computer (PC) convergence, digital subscriber line (DSL) and wireless markets. The Company is a semiconductor company that focuses on providing power amplification to the digital media consumer electronics and communications markets. It designs and sells digital amplifiers based on technology called digital power processing (DPP), which provides power efficiency, size and weight advantages over traditional amplifier technology. The Company provides digital amplifiers for three primary markets: consumer and PC convergence, DSL and wireless. Within the consumer and PC convergence market, it targets multiple market segments, which include consumer audio applications, such as 5.1-7.1 channel home theater systems, flat panel televisions, personal computers, mini/micro component stereo systems, cable set-top boxes and gaming consoles, automotive audio applications, such as in-dash head units and trunk amplifiers, and professional audio applications, such as audio distribution systems and pro-audio amplifiers. The Company offers digital amplifiers in the form of line drivers for use in DSL equipment. It also has a research and development program aimed at developing amplifiers for digital wireless handsets and base stations to increase talk time, and battery life and improve overall power efficiency. Consumer and PC Convergence Tripath provides a range of digital audio amplifiers based on Class-T and its DPP technology. Manufacturers are incorporating the Company's digital audio amplifiers in a diverse set of applications, including 5.1-7.1 channel home theater systems, flat panel televisions, automotive head units, professional amplifiers, digital versatile disc (DVD) and audio/video (A/V) receivers, mini/micro component stereo systems, network media players and accessory speakers systems for Moving Picture Experts Group layer-3 audio (MP3) players and for portable-music-player docking stations. The Company's customer's applications range from less then 10 Watts to over 2000 Watts. It offers controllers with both digital and analog inputs. The analog products are included as part of chipsets along with various power stages. Tripath offers two parts with digital input format, the TCD6000 and TCD6001. The Company's technology allows products to generate high-fidelity sound with lower heat dissipation. It offers products targeted for automotive applications, such as in-dash head units and trunk amplifiers. Products available for the automotive audio market are TA2041A, TAA4100, TPS4070, TPS 4100 and TCD6001. During the fiscal year ended September 30, 2005, the Company introduced the TAA2008, a version of its TA2024. Products available for the television market (stereo, single supply, bridged output) are TAA2008, TA2024B and TA2021B. Tripath's amplifiers allow home theater makers to fit more channels into smaller space without sacrificing sound quality. Original equipment manufacturers (OEMs) use the Company's products to produce compact all-in-one DVD receivers. It has four products for home theater based on its complementary metal-oxide semiconductor (CMOS) driver technology (TDA2125A, TDA2075A, TPD2125 and TPD2075). Products available for the professional and audiophile market are TK2350, TDA 2500 and TA0105. DSL Line Driver Amplifiers Tripath's DPP technology allows the Company to produce highly linear amplifiers for line cards that use power more efficiently than traditional amplifiers with conventional architectures. DSL amplifiers are often called line drivers. The Company's initial product is a line driver for use in the asymmetric DSL (ADSL) market. ADSL, a form of DSL technology, is designed to allow greater data rates from the central office to the subscriber than from the subscriber to the central office. This means that typical users will be able to download data faster than they can send data, which is suitable for residential users. Its line drivers e