Artisan Components CFO Resigns Position.SUNNYVALE, Calif.--(BUSINESS WIRE)--June 10, 1999-- Artisan Components, Inc. (Nasdaq: ARTI) today announced that Robert Selvi, vice president of finance and chief financial officer, is resigning his position effective June 20, 1999. Selvi, who cited personal reasons for his decision to resign his post, will continue to serve as a financial consultant to the company for an undisclosed period of time. "Rob has been a strong contributor to Artisan since he joined the company in 1997 and we welcome his continued association with us," stated Mark Templeton Mark Templeton (b. 1975) is Principal Trombone of the London Philharmonic Orchestra. Mark studied at the Guildhall School of Music and Drama 1994-1998 with Eric Crees, Simon Wills and Peter Gane. During this time he became principal of the Gustav Mahler Youth Orchestra. , 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. of Artisan Components. "While we will miss having Rob with us on a daily basis, this is a very exciting time for Artisan. We have become the clear leader in our market segment, are enjoying strong sales momentum and have a solid balance sheet." "The past two years with Artisan have been an extraordinary experience for me and I regret having to change the nature of my relationship with the company at this time," said Selvi. "I believe that Artisan's prospects continue to be excellent and I look forward to its future growth and prosperity." Selvi will continue to serve in a limited capacity with Artisan through the company's transition to a new CFO See Chief Financial Officer. . In the interim, Templeton has appointed Dixie Lopes, currently Artisan's financial director, as acting CFO until a replacement is found. About Artisan Components Founded in 1991, Artisan Components, Inc., provides high-quality silicon intellectual property (IP) to the world's largest semiconductor manufacturers. The company's Process-Perfect(TM) products, including embedded Inserted into. See embedded system. memories, SAGE sage, any species of the large genus Salvia, aromatic herbs or shrubs of the family Labiatae (mint family). The common sage of herb gardens is S. officinalis, a strongly scented shrubby perennial, native from S Europe to Asia Minor. (TM) standard cells and Integral(TM) I/Os, are tuned to each manufacturer's process. Semiconductor manufacturers, in turn, provide these products to their design customers so that they may achieve the full speed, density and low power potential of the semiconductor process. Artisan IP is designed to work with the most popular EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. tools in the industry including: Avant!, Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. , Synopsys and Mentor Graphics Mentor Graphics, Inc (NASDAQ: MENT) is a US-based multinational corporation dealing in electronic design automation (EDA) for electrical engineering and electronics, as of 2004, ranked third in the EDA industry it helped create. . Artisan Components is headquartered at 1195 Bordeaux Drive, Sunnyvale, CA 94089-1210. Phone: 408/734-5600. Fax: 408/734-5050. For additional information, visit Artisan on the Worldwide Web at http://www.artisan.com. Note to Editors: Artisan Components, Process Perfect, SAGE and Integral are trademarks of Artisan Components, Inc. |
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