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QuickFC family, which supports another high-speed industry standard called Fibre Channel, and the QuickDSP family for Digital Signal Processing (DSP) applications. 

Finally, we announced a new line of high-performance FPGAs, the Eclipse ™ family. 

## Key Industries and Customers 

Our largest single market segment in 2000 was data and telecommunications, which represented 42% of our overall 

business. This segment grew 59% over 1999. 

Our second-largest market segment was instrumentation and test at 30%. Alcatel was our largest customer, with 6% of sales in 2000. 

Other large customers included Teradyne, Honeywell and IBM. 

Revenues from our ESP products showed strong growth, with our QuickPCI ™ ESP devices being designed into a number of industry- leading applications by companies like Emulex Corporation, Netgem and Northrup Grumman. 

## A World-Class Team 

In 2000 we rounded out our executive team by adding a vice president of worldwide marketing and by creating a chief operating officer (COO) position. These moves reflect our commitment to further strengthen our outstanding senior management team. 

We streamlined sales efforts by focusing distribution through three North American companies; Avnet Electronics, Future Electronics and Impact Technologies. This move will enable our distributor partners to expand resources for growth and better support our demand-creation sales model. Similar moves were made in the UK and Ireland with Eurodis Bytech, and in China with Memec’s Asia Pacific Impact Division. 

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## 2001 Outlook 

The significant progress made in 2000 positions QuickLogic for continued growth in 2001. We will continue to increase our R&D spending and launch new products while improving 

existing lines in the year ahead. 

I would like to acknowledge the continued support of our customers, partners, suppliers, stockholders and employees, and thank them for their outstanding contributions to our business in 2000. I look forward to another successful year in 2001. 

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