Legerity CFO Hank Perret Joins Actel Board of Directors; Programmable Logic Company Taps Legerity Executive.Business Editors/High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Feb. 10, 2003 Legerity, Inc., a leading provider of analog/mixed-signal integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. (ICs) for voice and data networks, today announced that Hank Perret, chief financial officer and GM of its Voice Network Access product line, has joined the board of directors of Actel Corporation. Actel, a leading supplier of innovative programmable logic See PLD. solutions, is based in Sunnyvale, California. "With more than a quarter century of financial management experience, we believe Hank is a wonderful addition to Actel's board of directors, where he can again play an important role in Actel's success," said John East, 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 Actel. "Indeed, Hank's experience and skills make him eminently qualified to serve as Actel's Audit Committee financial expert and his intimate knowledge of Actel and its core technologies permit him to hit the ground running." Mr. Perret brings more than 25 years of financial management experience in the semiconductor industry to Actel's board. Before joining Legerity, Perret was vice president of finance and administration and CFO See Chief Financial Officer. of Actel Corporation. In addition to managing Actel's finances, he directed the company's investor relations Investor relations The process by which the corporation communicates with its investors. , human resources, information technology, facilities and purchasing operations. Prior to Actel, Perret also worked for Applied Materials and National Semiconductor. "My joining Actel's board is a natural fit," said Mr. Perret. "I spent nearly six years at Actel and view the company as one of the great successes in the industry. With my added financial expertise, I look forward to helping Actel increase that success." About Actel Corporation Actel Corporation is a supplier of innovative programmable logic solutions, including field-programmable gate arrays (FPGAs) based on antifuse and flash technologies, high-performance intellectual property (IP) cores, software development tools and design services, targeted for the high-speed communications, application-specific integrated circuit (hardware) Application-Specific Integrated Circuit - (ASIC) An integrated circuit designed to perform a particular function by defining the interconnection of a set of basic circuit building blocks drawn from a library provided by the circuit manufacturer. (ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. ) replacement and radiation-tolerant markets. Founded in 1985, Actel employs approximately 500 people worldwide. The Company is traded on the Nasdaq National Market under the symbol ACTL ACTL American College of Trial Lawyers (Irvine, California) ACTL Access Carrier Terminal Location ACTL Activation Library ACTL Automated Compatibility Test Laboratory ACTL Association Cultural Turkey-Luxembourg and is headquartered at 955 East Arques Avenue, Sunnyvale, Calif., 94086-4533. Telephone: 888-99-ACTEL (992-2835). Internet: http://www.actel.com. About Legerity, Inc. Legerity is a fabless analog/mixed-signal semiconductor company providing integrated circuits for high-voltage interface, signal conditioning, signal processing, and power management applications to more than 400 of the world's premier communications and consumer electronics manufacturers. Using innovative, proprietary analog and embedded digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). technologies, Legerity combines its 20 years of experience, bipolar and CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. process expertise, analog and digital circuit design capabilities, and more than 600 patents to meet the design challenges of connecting the world of analog signals with the digital domain. Headquartered in Austin, Texas, Legerity has offices throughout North America, Europe and Asia. Visit Legerity on the Web at www.legerity.com. Legerity, the Legerity logo, and combinations thereof, and VoiceChip and VoicePath are trademarks of Legerity, Inc. All other brand and product names are used for identification only and may be trademarks of their respective companies. |
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