Corporate Profile for Cypress Semiconductor, dated June 11, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 11, 1999
Company Name: Cypress Semiconductor Corp.
Address: 3901 North First Street
San Jose, Calif. 95134
Main Telephone
Number: 408/943-2600
Internet Home
Page Address
(URL) www.cypress.com
Chief Executive
Officer: T.J. Rodgers
Chief Financial
Officer: Manny Hernandez
Investor Relations
Contact: Manny Hernandez
Business number: 408/943-2911
Public Relations
Contact: Joe McCarthy
Business number: 408/943-2902
e-mail address: jmy@cypress.com
Trading Symbol/
Exchange: NYSE:CY
Industry: Semiconductors
Company Description: Headquartered in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , Cypress Semiconductor Cypress Semiconductor is a semiconductor design and manufacturing company. It began operations in 1982 and listed publicly in 1986. Two years later, the company shifted over to the New York Stock Exchange under the symbol, (NYSE: CY). is an international, broad-line supplier of integrated circuits. Cypress had Q1 1999 revenues of $152 million with $9 million in net income (annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. to over $600 million in revenue and over $36 million in profits). Cypress's product line includes Static Rams, programmable logic devices, microcontrollers for the USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. connectivity standard for personal computers, timing chips, specialty memories such as dual-port SRAMs and FIFOs, high-speed data communications chips, and control network processors. Cypress is the number two supplier of SRAMs in the U.S., the number two specialty memory vendor worldwide, and is the number one supplier in the world for both clock chips and USB microcontrollers. Cypress's broad product expertise allows the company to use a variety of intellectual property to build highly integrated products that save customers time and money. Cypress designs its products so that circuit innovations can be re-used in other chips without having to do extensive modifications. The result is that Cypress is currently producing more new products than at any time since the company's inception in 1983. The company's employee profit-sharing plan Profit-Sharing Plan A plan that gives employees a share in the profits of the company. Each employee receives into an account, a percentage of those profits based on their earnings. Also known as "deferred profit-sharing plan" or "DPSP". is based on new product revenue. Cypress owns and operates semiconductor fabrications facilities in Round Rock, Texas; Bloomington, Minnesota; and San Jose. The company also has an advanced assembly and test facility in the Philippines. Cypress is known for its aggressive style and innovative management procedures, led by flamboyant 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. , T.J. Rodgers. Cypress's sales and marketing efforts are led by Exec. Vice President Dan McCranie, a 25-year industry veteran with experience as a CEO of a semiconductor company. CFO See Chief Financial Officer. Manny Manny may refer to: In nobility:
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