PLX Technology Inc. strengthened its industry leadership position by finishing a new design on 40nm process technology at Taiwan Semiconductor Manufacturing Corporation (TSMC). This major achievement creates new opportunities for designers looking to reap the benefits of differentiation using PLX's well-known performance, low power and custom software tools. PLX is taking advantage of the 40nm geometry to develop a variety of new solutions over the next few years, including PCI Express(R) (PCIe(R)) Gen 3 switches.

PLX Technology Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net revenues of $21.6 million, a 19% increase from the $18.2 million reported in the second quarter ended June 30, 2009, and a 4% increase from the $20.8 million reported in the third quarter ended September 30, 2008. The net loss was $1.9 million or a loss of $0.05 per diluted share, compares with a net loss of $9.1 million or a loss of $0.26 per diluted share in the second quarter ended June 30, 2009, and a net income of $798,000 or $0.03 per diluted share, in the third quarter ended September 30, 2008. Loss from operations was $2.04 million compared to income from operations was $0.6 million for same period a year ago. Loss before provision for income taxes was $1.9 million compared to income before provision for income taxes of $0.9 million a year ago. For the nine months, the company net loss of $21.4 million or $0.61 per basic and diluted share on revenue of $56.2 million, compared to a net income of $1.8 million or $0.06 per basic and diluted share on revenue of $66.9 million, a year ago. Loss from operations was $17.9 million compared to $1.03 million a year ago. Loss before provision for income taxes was $21.4 million compared to income before provision for income taxes of $2.23 million a year ago. The company provided revenues guidance for the fourth quarter ended December 31, 2009. For the quarter, the company's net revenues are expected to be between $22.5 million and $25.5 million.

PLX Technology Inc. announced the OXUFS946DSE, the industry's lowest-power (391mW), highest-performance dual-storage controller that bridges two SATA hard disks with eSATA, FireWire800 or USB2.0 serial interfaces. The new PLX(R) OXUFS946DSE dual-port RAID controller solution also offers on-the-fly encryption/decryption to protect data. The OXUFS946DSE enables OEMs to provide differentiation in the consumer direct attached storage (DAS) market through innovative new features and powerful software solutions. The PLX OXUFS946DSE is a quad-interface-to-dual-SATA storage controller with integrated hardware RAID and encryption engines. Bridging between eSATA, 1394 or USB 2.0 interfaces, the OXUFS946DSE delivers best-in-class performance across each of those interfaces and enables a range of external secure storage applications, including dual-disk RAID configurations. By integrating an eSATA device, 1394b link, USB 2.0 device and dual-port SATA II host controller, the OXUFS946DSE enables designers to create products with a minimal number of external components and a low BOM cost. The OXUFS946DSE volume pricing is $8, with sampling in fourth quarter followed by full production in first quarter of 2010.