ANADIGICS Chairman and Co-founder Inducted Into New Jersey High-Tech Hall of Fame.Business Editors WARREN, N.J.--(BUSINESS WIRE)--Nov. 15, 2001 ANADIGICS, Inc. (Nasdaq: ANAD ANAD Anorexia Nervosa and Associated Disorders ANAD National Association of Anorexia Nervosa and Associated Disorders ANAD Anniston Army Depot ANAD Asociación Nacional de Abogados Democráticos (National Association of Democratic Lawyers, Mexico) ), a leading supplier of wireless and broadband communications solutions, announced that Ronald Rosenzweig, Chairman of the Board and Co-founder of ANADIGICS, Inc., has been inducted to the New Jersey High-Tech Hall of Fame. The hall of fame was created in 1999 to highlight the achievements of local government and business leaders who, through their accomplishments, have made New Jersey one of the country's leading high-tech states. The announcement was made at a special ceremony sponsored by the AEA AEA Atomic Energy Authority AEA n abbr (BRIT) (= Atomic Energy Authority) → consejo de energía nuclear; (BRIT) (SCOL) (= Advanced Extension Award) → (American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States. ) and the Biotechnology Council of New Jersey on Wednesday November 14 at the PNC Bank Arts Center The PNC Bank Arts Center is a modern amphitheatre located in Holmdel Township, New Jersey, USA. About 17,500 people can occupy the amphitheater; there are 7,000 seats and the grass area can hold about 10,500 people. in Holmdel, NJ. The AEA proposed Mr. Rosenzweig for the award based on his tremendous contributions to high technology in New Jersey. One of Mr. Rosenzweig's most influential contributions was the creation of ANADIGICS, a company that has generated many high technology jobs and holds a number of patents in radio frequency (RF) circuit design. Co-founded by Mr. Rosenzweig in 1985, ANADIGICS is a global leader in the design and manufacture of RFICs ( radio frequency integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. ) for use in wireless and broadband communications systems. "We are delighted to announce that Ron Rosenzweig has been inducted to the New Jersey High-Tech Hall of Fame. ANADIGICS has been a tremendous supporter of the New Jersey-Pennsylvania Council of AeA, and Ron has long been recognized as one of the leading proponents of high technology in our State," remarks Linda Klose, Executive Director of AeA's New Jersey and Pennsylvania Council. "His personal contribution, and that of ANADIGICS' as a whole, can only foster further growth and prosperity for New Jersey and enhance our reputation as one of the nation's premier high-tech States." "Receiving this award is a great, personal honor," commented Mr. Rosenzweig, "and it is testament to the tremendous hard work and vision of everyone behind the scenes at ANADIGICS. From the outset, ANADIGICS has been determined to remain in New Jersey and help establish a State that can compete in technology terms with Silicon Valley and the Massachusetts Route 128 corridor. This award is a gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. recognition for all of our efforts and innovations." Ron Rosenzweig is Chairman of the Board and Co-Founder of ANADIGICS, Inc. He is a Member of the Board of Overseers at the New Jersey Institute of Technology, a Member of the Engineering Advisory Board at City College University of New York There is no institution of higher education in the State of New York or the United States of America that bears the name University of New York. However, in confusion, it is possible that such a reference may regard the following: The New Museum of Contemporary Art , in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Mr. Rosenzweig was named winner of New Jersey's Master Entrepreneur of the Year in 1994 and he is a recipient of the Blue Chip Enterprise Initiative award. Formerly, he served as a member of the Board of Directors at General Semiconductor Corporation (NYSE NYSE See: New York Stock Exchange ) and as Chairman of the New Jersey Council of the AEA. Advancing the business of technology, AeA is the nation's largest high-tech trade association. Founded in 1943, AeA has more than 3,500 member companies that span the high-technology spectrum, from software, semiconductors and computers to Internet technology, advanced electronics and telecommunications systems and services. With 17 regional U.S. councils and offices in Brussels and Beijing, AeA offers a unique global policy grassroots capability and a wide portfolio of valuable business services and products for the high-tech industry. AeA has been the accepted voice of the U.S. technology community for 58 years. ANADIGICS (NASDAQ: ANAD) designs and manufactures radio frequency integrated circuit (RFIC RFIC Radio Frequency Integrated Circuit RFIC Radio Frequency Interface Chip ) solutions for growing broadband and wireless communications markets. The Company's innovative high frequency RFICs enable manufacturers of communications equipment to enhance overall system performance, and reduce manufacturing cost and time to market. By utilizing state-of-the-art manufacturing processes for its RFICs, ANADIGICS achieves the high-volume and cost-effective products required by leading companies in its targeted high-growth communications markets. ANADIGICS was the first GaAs IC manufacturer to receive ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certification. For more information on ANADIGICS, visit the Company's Web site at www.anadigics.com Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, order rescheduling or cancellation, changes in estimated product lives, timely product and process development, individual product pricing pressure, variation in production yield, difficulties in obtaining components and assembly services needed for production of integrated circuits, change in economic conditions of the various markets the Company and its customers serve, as well as other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999. Forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company "believes", "anticipates", "expects", or words of similar import. Similarly, statements that describe the Company's future plans, objectives, estimates, or goals are forward-looking statements. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion