CPU Tech Appoints Chief Operating Officer.PLEASANTON, Calif.--(BUSINESS WIRE)--Oct. 26, 1998--CPU Tech announced today that it has appointed Gail A. Walters, former Executive Vice President, to the newly created position of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Creation of this new position and the promotion of Walters to fill it is part of the Company's plan to further develop its ASSP (Application Specific Standard Part) An ASIC chip that is designed as a generic device for a particular market. Whereas an ASIC is typically used only by its creator, ASSPs are used by many different companies in the design of their products. See ASIC. (Application Specific Standard Product) and System-on-a-Chip product lines and expand its customer base in the high-end embedded systems marketplace. "My primary goal," Walters said, "is to maintain our high standards of performance and reliability as our business grows. Our investment in design automation technology over the past nine years is now paying off in the form of important solutions to such problems as processor obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. and the demand for COTS compatible processor designs for use in space and other applications. It is essential that we continue to be a responsive, customer-centric company that can be depended upon to deliver on time and in budget." CPU CPU in full central processing unit Principal component of a digital computer, composed of a control unit, an instruction-decoding unit, and an arithmetic-logic unit. Tech has recently announced major contract wins, including one to supply CPU-1750A-60 processors to Honeywell DAS for USAF's F-16 CCIP CCIP Chambre de Commerce et d'Industrie de Paris (Paris Chamber of Commerce, France) CCIP Cisco Certified Internetwork Professional CCIP Centre for Critical Infrastructure Protection (New Zealand) program and another involving the design of a radiation-hardened commercial-compatible DSP for space applications. According to CPU Tech 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. , Ed King, "Our success rests on a solid foundation of technological innovation and customer service. Walters' appointment ensures that, as we grow, our resources will be allocated so as to maintain that foundation and build on it." CPU Technology, Inc. is a major supplier of compatible ASSPs to high-end embedded systems markets in the aerospace, automotive and industrial control industries. Its customers include Fortune 500 companies and the U.S. Government. The Company has over 35 patents issued or pending in the areas of system and processor design and complex system modeling. Using proprietary technologies for microprocessor development, including reconfigurable processor frameworks, compatibility testing and system virtual prototyping. CPU Tech delivers efficient, affordable and reliable long-term compatible microprocessor solutions. The privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. was founded in 1989 and is headquartered in Pleasanton, California. Additional information can be found on CPU Tech's website, www.cputech.com. |
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