Ramtron Announces Departure of Board Members.COLORADO SPRINGS, Colo. -- Semiconductor maker Ramtron International Corporation (Nasdaq:RMTR RMTR Redesigned Missile Tracking Radar ), a leading supplier of nonvolatile ferroelectric random access memory (storage) Ferroelectric Random Access Memory - (FRAM) A type of non-volatile read/write random access semiconductor memory. FRAM combines the advantages of SRAM - writing is roughly as fast as reading, and EPROM - non-volatility and in-circuit programmability. (FRAM) and integrated semiconductor products, announced that effective November 20, 2006, Klaus Fleischmann and Doris Keitel-Schulz have resigned from Ramtron's board of directors. Mr. Fleischmann and Ms. Keitel-Schulz were nominated to Ramtron's board pursuant to an agreement with Qimonda AG (NYSE NYSE See: New York Stock Exchange :QI), and the resignations were the result of Qimonda AG's recent sale of its Ramtron common stock and not a result of any disagreement between the directors and Ramtron. "On behalf of Ramtron and its remaining board members, we thank Klaus and Doris for their hard work and numerous contributions to the company over the years," said William Howard, Ramtron's chairman of the board. "Klaus and Doris have been valued members of our team, and we wish them all the best in their future endeavors." "It has been a pleasure to work with Klaus and Doris during their tenure on Ramtron's board," added Bill Staunton, Ramtron's 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. . "Their contributions to our board and the entire Ramtron organization have been greatly appreciated." After the resignations, Ramtron's board of directors now consists of Dr. William G. Howard, William W. Staunton III, Eric A. Balzer, Theodore J. Coburn, Dr. William L. George, and Jack L. Saltich. About Ramtron Ramtron International Corporation, headquartered in Colorado Springs, Colorado The City of Colorado Springs is the second most populous city (after Denver) in the state of Colorado and the 48th most populous city in the United States.[4] The city is the county seat of El Paso County. , is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. that designs, develops and markets specialized semiconductor memory, microcontroller and integrated semiconductor solutions used in a wide range of product applications and markets worldwide. For more product information, visit http://www.ramtron.com. |
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