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TVIA INC. POSTPONES SCHEDULED EARNINGS CONFERENCE CALL
Fourth Quarter and Fiscal Year Ended March 31, 2006
 
Santa Clara, California – May 23, 2006 – Tvia Inc. (Nasdaq SmallCap: TVIA), a leading provider of multimedia display processors for the advanced television and emerging display markets, announces today that they will postpone the earnings conference call for the fourth quarter and fiscal year end 2006. The call that was originally scheduled for May 23, 2006 at 2:00 p.m. Pacific time is postponed until further notice. The postponement is due to the timing delay in the auditors review of FAS 123R regarding Stock Based Compensation Expense.
  
About Tvia
  Tvia, Inc. is a fabless semiconductor company which design and develops an extensive line of high-quality digital display processors for HD/SD LCD-TV’s, Progressive-scan TVs as well as other multimedia related devices. Tvia provides manufacturers the industry’s leading display technology for building the most cost-effective, superior visual quality display solutions on the market. More information about Tvia is available at www.tvia.com.
 
Information in this release that involves Tvia’s expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include statements as to Tvia's focus, strategy and progress, Tvia’s development of new products, the features and benefits of Tvia’s products, and product acceptance and introduction by customers. All forward-looking statements included in this release are based upon information available to Tvia as of the date of this release, and Tvia assumes no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences or risks associated with our business are discussed in the Company’s Annual Report on Form 10-K for the year ended March 31, 2005 filed on June 17, 2005, and Form 10-Q for the quarter ended December 31, 2005 filed on February 14, 2006 with the Securities and Exchange Commission (“SEC”), and in other reports filed from time to time with the SEC. These risks include, but are not limited to, the slower than anticipated emergence of the interactive television market, our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a timely manner, and the extent and duration of the current economic and business environment.