Andrew J. Pease to Lead QuickLogic's Global Sales Force.SUNNYVALE, Calif. -- QuickLogic[R] Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :QUIK), the lowest power programmable logic See PLD. leader, today announced that Andrew J. Pease has joined the company as vice president of world wide sales. With an impressive track record spanning over 20 years, Pease will be responsible for executing QuickLogic's lowest power programmable logic solutions strategies and leading all of the company's sales activities. Pease comes to QuickLogic from Broadcom Corporation, a global leader in semiconductors for wired and wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , where he was senior vice president of world wide sales for three years. During his tenure there he drove 37% annual revenue growth and significant customer base expansion. Prior to that, he held the same title at Syntricity Incorporated, Vantis Corporation and Integrated Systems Incorporated. He has also held various sales and operations roles at Advanced Micro Devices and Data Trak. Pease holds a master's degree in Computer Science from the Naval Postgraduate School The Naval Postgraduate School is a graduate school operated by the United States Navy. Located in Monterey, California, it grants primarily master's degrees plus some doctoral degrees to its students, who are mostly active duty officers from U.S. and foreign military services. in Monterey and a Bachelor's degree in Operational Analysis from the U.S. Naval Academy. "Andy's strong background and experience in semiconductor sales and sales leadership will be key to both shaping and achieving QuickLogic's vision of becoming the market leader in providing the lowest-power programmable logic solutions," said Tom Hart, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Andy's leadership talents and his long list of achievements will serve as an excellent foundation on which we expect to build a market leadership position as QuickLogic continues to expand its penetration into hand-held, battery powered "prosumer (PROfessional conSUMER) A person who is very knowledgeable about a subject and likes to purchase high-quality equipment. For example, many digital cameras fall into the prosumer category. " products such as Smartphones, Portable Media Players (PMPs), Personal Navigational Devices (PND (Personal Navigation Device) A portable GPS-based navigation system that can be used when walking, hiking or in any vehicle. See GPS. ) and Portable Industrial devices, where fast time to market with reduced risk, energy efficiency and small footprint are becoming critical for their success." About QuickLogic QuickLogic Corporation (NASDAQ:QUIK) is the leading provider of the lowest power programmable logic solutions for the portable electronics, industrial, communications and military markets. Our latest products, PolarPro[TM], Eclipse II[TM] and QuickPCI[TM] are being used to implement bridge and control solutions in embedded systems requiring Wi-Fi, DVB-H See mobile TV and DVB. and IDE or CE-ATA-based disk drives. QuickLogic's proprietary ViaLink[R] technology offers significant benefits for programmable logic, including the lowest power, instant on capability and bulletproof Refers to extremely stable hardware and/or software that cannot be brought down no matter what unusual conditions arise. See industrial strength. bulletproof - Used of an algorithm or implementation considered extremely robust; lossage-resistant; capable of correctly intellectual property security. The company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. Web site www.quicklogic.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This news release contains forward-looking statements relating to, among others, the expected benefits of any QuickLogic products and expectations regarding availability dates and pricing of such products. QuickLogic's actual results may differ materially from the results described in the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, a delay in the availability of QuickLogic products, the performance and market acceptance of such product technology and the impact of competitive products, general conditions in the semiconductor industry and related development risks. Certain other risk factors are detailed in QuickLogic's periodic reports and registration statements filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. QuickLogic disclaims any obligation to update these forward-looking statements. The QuickLogic name and logo are registered trademarks of QuickLogic Corporation. All other brands or trademarks are the property of their respective holders and should be treated as such. Code: QUICK-G |
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