Cypress Names Accounting Expert to Board of Directors; Dean of Marriott School of Management at BYU Brings 31 Years of Experience to Cypress Team.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--March 5, 2003 Cypress Semiconductor Corporation (NYSE NYSE See: New York Stock Exchange :CY) today announced that it has named W. Steve Albrecht to its board of directors. Albrecht, the current associate dean for the Marriott School of Management The Marriott School of Management is located at Brigham Young University, the second largest private university in the United States. The school has nationally recognized programs in accounting [1] at Brigham Young University Brigham Young University, at Provo, Utah; Latter-Day Saints; coeducational; opened as an academy in 1875 and became a university in 1903. It is noted for its law and business schools. (BYU BYU Brigham Young University BYU Bayou BYU Bob's Your Uncle BYU Bayreuth, Germany - Bindlacher Berg (Airport Code) BYU Beyond Your Understanding ), is expected to bring his in-depth accounting and financial expertise to Cypress's board. "With 31 years of accounting experience, Steve Albrecht is a recognized leader in his field," said Cypress 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. T.J. Rodgers. "With accounting standards in a state of change, Steve will help Cypress to keep abreast of trends and continue to provide maximum value to our shareholders." Albrecht's career includes tours of duty at several major universities, including Brigham Young University, Stanford University, University of Illinois University of Illinois may refer to:
Albrecht has received numerous awards during his career. In 1997 and 2002, he was chosen as one of "The 100 Most Influential Accounting Professionals" in the U.S. by Accounting Today magazine. He also received the BYU Outstanding Researcher Award, and was recognized as part of Utah's Centennial Celebration as one of the 131 Utah citizens who have made outstanding contributions or brought unusual recognition to the state. Candidates for the Cypress Board of Directors must meet specific criteria. The company requires experience as the CEO of a major technology company, direct experience managing a semiconductor firm or a customer company, or direct experience and extensive research in accounting. The other members of the Cypress board of directors are Eric Benhamou, chairman and CEO of 3Com; Fred Bialek, one of the five founders of National Semiconductor; John Lewis, chairman and former CEO of Amdahl Corp.; Alan Shugart, co-founder and CEO of Shugart Associates; James R. Long, chairman and former CEO of Nortel Networks; and T.J. Rodgers. An article about the Cypress Board of Directors can be found on the web at: www.cypress.com/ceo/boardofdirector. Photo A high-resolution photo of Steve Albrecht can be downloaded from: www.cypress.com/pub/stevealbrecht.jpg About Cypress Cypress Semiconductor Corporation (NYSE:CY) is Connecting from Last Mile to First Mile(TM) with high-performance solutions for personal, network access, enterprise, metro switch, and core communications-system applications. Cypress Connects(TM) using wireless, wireline, digital, and optical transmission standards, including Bluetooth, 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. , Fibre Channel, SONET/SDH, Gigabit Ethernet, and DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing . Leveraging its process and system-level expertise, Cypress makes industry-leading physical layer devices, framers, and network search engines, along with a broad portfolio of high-bandwidth memories, timing technology solutions, and programmable microcontrollers. More information about Cypress is accessible online at www.cypress.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 under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements herein that are not historical facts are "forward-looking statements" involving risks and uncertainties, including but not limited to: the effect of global economic conditions, shifts in supply and demand, market acceptance, the impact of competitive products and pricing, product development, commercialization and technological difficulties, and capacity and supply constraints. Please refer to Cypress's Securities and Exchange Commission filings for a discussion of such risks. Note to Editors: Cypress and the Cypress logo are registered trademarks of Cypress Semiconductor Corporation. "Connectivity from Last Mile to First Mile" and "Cypress Connects" are trademarks of Cypress. All other trademarks are the property of their respective owners. |
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