Two Semiconductor Veterans Join PLX Technology Board of Directors.SUNNYVALE, Calif. -- PLX Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PLXT), the leading supplier of standard I/O interconnect silicon to the communications, server, storage, embedded-control, and consumer industries, today announced that Thomas Riordan and Patrick Verderico have joined the PLX(R) board of directors, and that Tim Draper has resigned from the board, effective immediately. Mr. Riordan is one of the pioneers of the original MIPS-processor architecture and has more than 17 years of experience in the microprocessor industry. He is currently vice president of architecture at PMC-Sierra (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 ). Prior to joining PMC-Sierra, Mr. Riordan was cofounder co·found tr.v. co·found·ed, co·found·ing, co·founds To establish or found in concert with another or others. co·found , chief executive officer and president of Quantum Effect Devices Quantum Effect Devices was a company originally named Quantum Effect Design, incorporated in 1991. The three founders, Tom Riordan, Earl Killian and Ray Kunita were senior managers at MIPS Computer Systems Inc.. , a leading supplier of MIPS-architecture microprocessors. "Tom is a great addition to the board because he has a deep understanding of interconnect technology trends in our target markets," said Michael Salameh, president of PLX Technology. "This, along with his semiconductor and general management experience, will help us enhance the strategy and performance of PLX." Mr. Verderico has worked in the high technology industry for more than 25 years, including serving as chief financial officer of Cypress Semiconductor (NYSE NYSE See: New York Stock Exchange :CY), chief financial officer of Creative Technology (NASDAQ:CREAF CREAF Creative Technology Ltd (stock symbol) CREAF Centre de Recerca Ecològica i Aplicacions Forestals ), chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Maxtor (NYSE:MXO), vice president of Assembly Operations of Philips Semiconductors (NYSE:PHG), partner of PricewaterhouseCoopers, and corporate controller of National Semiconductor (NYSE:NSM). "Patrick's unique blend of financial, manufacturing, operations and international management are a welcome addition to our board as we expand PLX's scope," said Salameh. The Company also announced that Timothy Draper, a director since 1986, has resigned from the board, due to time conflicts. "Tim was one of the original investors in PLX and has been an enthusiastic supporter of PLX since the beginning," said Salameh. "He helped guide us through our major milestones, including seed investment, venture financing and the initial public offering. Mssrs. Riordan and Verderico join PLX Technology board members Salameh, D. James Guzy, John Hart, Robert Smith, and Wei-Ti Liu. About PLX PLX Technology, Inc. (www.plxtech.com), based in Sunnyvale, Calif., USA, is the leading supplier of standard I/O interconnect silicon to the communications, server, storage, embedded-control, and consumer industries. The PLX solution provides a competitive edge to customers through an integrated combination of high-performance silicon, hardware and software design tools. These innovative solutions enable customers to develop products with industry-leading performance and functionality. Furthermore, the combination of PLX product features, supporting development tools and partnerships allows customers to bring their designs to market faster. PLX PCI (1) (Payment Card Industry) See PCI DSS. (2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). and USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. interconnect chips are designed into a wide variety of communications, server, storage, embedded-control and consumer products. PLX Technology and the PLX Technology logo are registered trademarks of PLX Technology, Inc. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion