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 BELLINGHAM, Wash., Sept. 1 /PRNewswire/ -- T.J. Rodgers, the founder, president and chief executive officer of Cypress Semiconductor Corp. (NYSE: CY), will deliver the keynote address at the 13th Annual BACUS Symposium on Photomask Technology and Management. Rodgers will discuss appropriate roles for government in supporting high-tech industries, cautioning against pork-barrel programs. His address begins at 8 a.m., Wednesday, Sept. 22, in the Westin Hotel convention center ballroom in Santa Clara, Calif.
 "Ultimately, the economic battles of the 1990s will be won in America's factories, labs and offices -- not in the halls of Congress or the corridors of the Commerce Department," Rodgers noted in a recent article in Upside magazine. "If government cannot figure out whether to discourage smoking or to subsidize it, how can it architect a coherent policy about technology choices in fields as complex as optical fibers, wireless data communications, or high performance computers?"
 Rodgers is well-qualified to assess the development and management of advanced technology. He built Cypress into the $300-million international semiconductor supplier the Wall Street Journal described as the "quintessential entrepreneurial company." A supplier of 252 products in seven different product areas, the company's SPARC microprocessor chipset has been designed into 72 high-performance computer systems, including Sun Microsystems' advanced SPARCserver(TM) 600 multiprocessing system.
 Declaring himself one of the "excesses of the 1980s," Rodgers is a sharp critic of the Clinton administration's budget and its position on advanced technology and industry competitiveness. He cites the excesses of Cypress during the last decade: the creation of $1 billion in cumulative revenue and 1,500 high-paying jobs. Rodgers and the Cypress team have received numerous awards for excellence in financial management, including an Encore Award from Stanford University's Business School Alumni Association. In 1990, Cypress was rated the fastest-growing electronics company in America by Electronic Business.
 "The administration is beginning to move government toward a high- technology vision, a development that I view as favorable," he said. "But why does the administration want to spend tens of billions of dollars of taxpayer money to fund technology programs that the free market would pay for without one cent of expense to the taxpayer?
 "No industrial policy or national investment strategy or trade negotiation, no matter how smart, would have the same energizing effect on American entrepreneurship as a return to fiscal sanity through dramatic spending reductions," Rodgers observed. "The high-performance computing industry is entering a period of profound change. This is precisely the time when venture capitalists are most effective at setting new directions and funding new players."
 While at Stanford on a Hertz fellowship, Rodgers invented, developed and patented VMOS technology, which he later sold to American Microsystems Inc. He managed the MOS memory design group at AMI before he moved to head Advanced Micro Devices' static RAM product group. Rodgers founded Cypress in 1983.
 BACUS is the technical group of SPIE dedicated to the advancement of photomask technology. SPIE -- The International Society for Optical Engineering -- is a nonprofit technical society advancing engineering and scientific applications of optical and photonic technologies through its publications, symposia, courses and working groups.
 Advance registration for the keynote address is strongly advised. Attendees will not be admitted to the keynote address without a registration badge. To pre-register for this event, contact SPIE: P.O. Box 10, Bellingham, WA 98227-0010 USA; telephone 206-676-3290; telefax 206-647-1445; telex 46-7053; OPTO-LINK 206-733-2998; or Internet
 -0- 9/1/93
 /CONTACT: Tim Johnson of SPIE, 206-676-3290/

CO: International Society for Optical Engineering; Cypress
 Semiconductor Corp. ST: California, Washington IN: CPR TLS SU:

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Publication:PR Newswire
Date:Sep 1, 1993

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