01.05.2009 - Logitech Withdraws Fiscal Year 2009 Targets, Plans Restructuring

FREMONT, Calif., Jan. 5, 2009 and ROMANEL-SUR-MORGES, Switzerland, Jan. 6, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it has withdrawn its Fiscal Year 2009 growth targets for sales and operating income due to the deepening global recession. The Company did not provide revised targets and plans to update investors on business conditions and performance during its briefing on third-quarter results on Jan. 20, 2009. - View Press Release - Visit Logitech, Inc.