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 (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 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 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 of Actel Corporation. In addition to managing Actel's finances, he directed the company's investor relations, 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 A programmable chip technology that creates permanent, conductive paths between transistors. In contrast to "blowing fuses" in the fusible link method, which opens a circuit by breaking apart a conductive path, the antifuse method closes the circuit by "growing" a conductive via. Two metal layers sandwich a layer of non-conductive, amorphous silicon. When voltage is applied to this middle layer, the amorphous silicon is turned into polysilicon, which is conductive. 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 (ASIC) 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 - Access Carrier Terminal Location ACTL - Access Customer's Terminal Location (US West) ACTL - Activation Library ACTL - Association Cultural Turkey-Luxembourg ACTL - Automated Compatibility Test Laboratory and is headquartered at 955 East Arques Avenue, Sunnyvale, Calif., 94086-4533. Telephone: 888-99-ACTEL ACTEL - Access Telephone Number (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 technologies, Legerity combines its 20 years of experience, bipolar and CMOS process expertise, analog and digital circuit Digital Plumbing! A digital circuit can be conceptualized as a mass of plumbing. The circuit paths are the pipes, the transistors are the valves and the electricity is the water. Imagine opening a valve, and the water that passes through it and down a pipe will eventually reach a second valve, causing it to turn on, allowing water in another pipe to flow through it that reaches another valve, and so on. design capabilities, and more than 600 patents to meet the design challenges of connecting the world of analog signals with the digital domain The world of digital. When something is done in the digital domain, it implies that the original data (images, sounds, video, etc.) has been converted into a digital format and is manipulated inside the computer's memory. Contrast with analog 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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