PMC-Sierra Establishes Technology Center in India and Appoints Arun Bellary as Managing Director.BANGALORE, India -- PMC-Sierra, Inc. (Nasdaq:PMCS PMCS PMC Sierra (stock symbol) PMCS Project Management Control System PMCS partial mission-capable, supply (US DoD) PMCS Preventive Maintenance Checks & Services PMCS Professional Military Comptroller School ), a leading provider of broadband communications and storage semiconductors, today announced it has established a new technology center in Bangalore, India. Mr. Arun Bellary has been appointed PMC-Sierra's Managing Director for India and will be responsible for overall operations and the development of this center. "India is emerging as a leading technological center and we are planning to hire approximately 40 to 50 people in 2006 as we launch our operation," said Bob Bailey, PMC-Sierra's chairman 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. . "Arun's knowledge of the regional industry combined with his extensive senior management and technology expertise will greatly assist us in growing PMC-Sierra's presence in this key technology hub." Prior to joining PMC-Sierra, Mr. Bellary was founder of WiaX Systems Inc., a company focused on WiMAX broadband wireless See wireless broadband. access. Prior to WiaX, he was chairman and CEO of Metro-OptiX, which was based in India. Mr. Bellary's career has included senior executive positions at Ericsson and Pirelli Optical Products, and technical management positions at DSC (1) (Digital Signal Controller) A microcontroller and DSP combined on the same chip. It adds the interrupt-driven capabilities normally associated with a microcontroller to a DSP, which typically functions as a continuous process. See microcontroller and DSP. Communications (Alcatel), Fujitsu and AT&T Bell Labs. "I look forward to establishing a strong PMC-Sierra presence in this growing market," said Mr. Bellary. "We have an aggressive strategic plan to grow our operation in this market, which includes building a sales and marketing force in addition to technology engineers who will be a key part of PMC-Sierra's worldwide product development teams." PMC-Sierra's India technology center is located in Cyber Park in the heart of the Electronics City in southeast Bangalore. Interested candidates with qualifications in hardware and software engineering should visit our corporate website at www.pmc-sierra.com/careers for more information. About PMC-Sierra PMC-Sierra(TM) is a leading provider of broadband communications and storage semiconductors for enterprise, access, metro, storage, wireless infrastructure and customer premises equipment See CPE. . The company offers worldwide technical and sales support, including a network of offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. The company is publicly traded on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the PMCS symbol and is included in the S&P 500 Index. For more information, visit www.pmc-sierra.com. (C) Copyright PMC-Sierra, Inc. 2006. All rights reserved. PMC (1) See Portable Media Center. (2) (PCI Mezzanine Card) A PCI-based mezzanine card that is widely adapted to VMEbus, CompactPCI and PCI cards. , PMCS, PMC-Sierra, and "Thinking You can Build On" are trademarks of PMC-Sierra, Inc. All other trademarks are the property of the respective owner. |
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