Bob Smith Assumes CEO Role at Stratosphere Solutions; Soon-to-be-Launched Company Provides Silicon-Proven Yield Characterization Solutions.SUNNYVALE, Calif. -- Electronic Design Automation (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. ) Executive Robert (Bob) P. Smith has been appointed to the position of chief executive officer (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. ) and chairman of Stratosphere Solutions Inc., a company poised to lead the rapidly emerging design for yield (DFY) market. The announcement of his appointment today will be followed by the launch of Stratosphere Solutions and its first product Monday, April 3. Visit its website (http://www.stratosol.com) for details after April 3. Remarks Smith: "From the first time I met the Stratosphere Solutions team, I was impressed. They have a compelling vision, a strong technical understanding of the market, and have already delivered a product that is gaining market acceptance. I am pleased to be joining the team and helping shape the future of the company." Smith has experience as an executive within the EDA industry that dates back to 1987. Most recently, he was president and chief executive officer of InTime InTIME Cardiology A clinical trial–Intravenous nPA for Treatment of Infarcting Myocardium Early–comparing efficacy of a weight-adjusted single bolus of nPA/lanoteplase to tPA–administered by infusion in restoring blood flow to the heart in Pts Software(TM) Inc. Previously, Smith was vice president of marketing and business development at Magma Design Automation Magma Design Automation (NASDAQ: LAVA) is a software company in the electronic design automation (EDA) industry. The company was founded in 1997 and maintains headquarters in San Jose, California. (Nasdaq: LAVA). He joined Magma from LogicVision (Nasdaq: LGVN) where he also served as vice president of marketing and business development. Prior to LogicVision, he spent six years at Synopsys Inc. (Nasdaq: SNPS SNPS Space Nuclear Power System ) where he was director of marketing and later director of strategic alliances, responsible for planning, developing and managing Synopsys' corporate partnerships. In addition, Smith has co-founded two companies, one specializing in silicon prototyping and the other in technical documentation. Smith holds a Master of Science degree in electrical engineering from Stanford University and Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in electrical engineering from the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Davis. Stratosphere Solutions Stratosphere Solutions Inc. was founded in 2004 by semiconductor manufacturing and EDA experts with the goal of making yield a signoff item that links design to manufacturing. Corporate headquarters are located at: 830 Stewart Drive, Suite B10, Sunnyvale, Calif. 94085. Telephone: (408) 701-1418. Facsimile: (408) 730-5889. Email: info@stratosol.com. Note to local editors: Bob Smith resides in Foster City, Calif., with his wife April and his three children. A photo of him is available upon request from: Nanette Collins Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most for Stratosphere Solutions, Inc. (617) 437-1822 nanette@nvc.com Stratosphere Solutions Inc. acknowledges trademarks or registered trademarks of other organizations for their respective products and services. |
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