Semiconductor Industry Honors Analog Devices' Ray Stata with 2001 Noyce Award; Stata Recognized for Commitment to Education.

Business Editors/Technology Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 8, 2001

Last night, the Semiconductor Industry Association (SIA) awarded the industry's highest honor for leadership, the Robert N. Noyce Award to Ray Stata, chairman and co-founder of Analog Devices. The annual award recognizes individuals for their outstanding achievements and leadership in support of the U.S. semiconductor industry.

"This year, the SIA is pleased to honor and recognize Ray Stata for his continual commitment to key education initiatives. Throughout his career, Stata has supported hundreds of programs designed to develop learning skills for youth and promote interest in engineering," stated Craig Barrett, CEO and president of Intel Corporation, who presented the eleventh annual award at the SIA's Forecast and Award Dinner 2001 on Wednesday evening in San Jose. "While running a Fortune 500 Company that he co-founded, and served as president, CEO, and currently Chairman, Ray Stata's commitment to education has been unwavering," Barrett added.

As the first president of the Massachusetts High Technology Council, Stata advocated that engineering education and university funding were the responsibility of government and industry. The "Two Percent Solution" contribution program encouraged corporations to dedicate a portion of their R&D budgets to education. Legislation passed in 1988 helped combat a teaching shortage in Massachusetts. The ME-STEP program (Math English Science Teaching & Education Program) recruited 300 new teachers to middle schools.

Recognized throughout the semiconductor industry as a visionary and innovator, Stata applies these same attributes to educational reform. He has served to establish a charter school movement in Massachusetts and, to restructure the state university system. Most recently, Stata has advocated a return to emersion learning as the best approach for developing English language speaking, reading and writing skills.

Additionally, Stata serves as the co-chairman of the Engineering in Massachusetts Collaborative dedicated to nurturing interest in math and science among students in K through 12 grade levels.

A graduate of the Massachusetts Institute of Technology (MIT), Stata holds a BSEE and MSEE from MIT, he is chairman of the Visiting Committee of the Department of Electrical Engineering and Computer Science and is a member of MIT's Executive Committee. In 1984, he was elected a member of the MIT Corporation, and in 1987-1988, he served as President of the MIT Alumni Association.

The Robert N. Noyce Award was created by the SIA Board of Directors in 1990 to honor the memory of Bob Noyce, co-founder of Intel, who died that year. Noyce was a leader in the semiconductor industry's efforts to influence public policy and improve American high tech competitiveness. He was one of the five original founders of the SIA in 1977 and served as the first chief executive officer of SEMATECH, the consortium for semiconductor manufacturing. Noyce is one of two individuals credited with inventing the integrated circuit.

Last year's Noyce Award recipients were the inventors of the microprocessor Federico Faggin, Marcian Edward (Ted) Hoff, Jr., and Stanley Mazor. In 1999, the award was presented to Erich Bloch, former IBM vice president and founding chairman of the Semiconductor Research Corporation. Previous Noyce Award recipients include Wilfred Corrigan (1998), Jerry Sanders (1998), Charlene Barshefsky (1997), Charles Sporck (1996), Jack Kilby (1995), Gordon Moore (1994), Robert Galvin (1993), Ian Ross (1992), and Joseph Canion (1991).

About the SIA

The SIA is the leading voice for the semiconductor industry and has represented US-based manufacturers since 1977. SIA member companies comprise more than 90 percent of US-based semiconductor production. Collectively, the chip industry employs a domestic workforce of 284,000 people. More information about the SIA can be found at www.sia-online.org.