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Technology Stocks : IMPX - When Will the Dead Money Awaken?
IMPX 6.210+13.3%Oct 22 3:59 PM EST

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To: Zeev Hed who wrote (351)5/26/1998 5:41:00 PM
From: DEER HUNTER  Read Replies (1) of 532
 
Tuesday May 26, 4:30 pm Eastern Time

Company Press Release

IMP, Inc. Expands Sales Coverage Nationwide

IMP Opens Central Area Sales Operation

SAN JOSE, Calif.--(BUSINESS WIRE)--May 26, 1998--IMP Inc. (NASDAQ:IMPX - news) today announced the opening of its third U.S. area sales office, located in the Dallas metropolitan area.

''We are pleased to open this new office to support the increasing interest in IMP products from customers across the Central United States,'' said Barry Wiley, IMP vice president of marketing, sales and applications. ''IMP now has field sales management coverage of all major North American markets for our growing portfolio of Electroluminescent Lamp Driver and Microprocessor Supervisor Power Management Integrated Circuit (IC) products.''

John Watson has joined IMP as Central Area sales manager, stationed in the Dallas metropolitan area. Watson has over ten years of field sales management experience. He joins IMP from TriQuint Semiconductor where he was Southwest Area sales manager. Watson's previous industry experience includes Cypress Semiconductor and Semtech Corp [Nasdaq:SMTC - news]. Watson holds a Bachelor of Science degree from the University of New Mexico.

Watson reports to Barry Wiley, vice-president of marketing, sales and applications, and is responsible for all sales activity in the Central United States, including account management and sales channel selection.

The address of the new area sales office is:

John Watson Central Area Sales IMP, Inc. 3100 Independence Parkway, No. 311-366

Plano, Texas 75075 Phone: 972/964-0836 Fax: 972/758-0147 e-mail: jlw_tx@hotmail.com

Statements in this press release regarding IMP's business that are not historical facts are ''forward-looking statements'' that involve risks and uncertainties, including, but not limited to demand for the company's products, foundry utilization, the ability of the company to develop new products, demand by end-users of the products produced by the company's customers, and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission, including the company's most recent annual report on Form 10-K and quarterly report on Form 10-Q.

IMP Inc. is a supplier of analog and high-voltage wafer foundry services and standard-setting analog integrated circuits for data communications interface and power management applications in computer, communications, and control systems worldwide.

Products are manufactured on CMOS, BiCMOS, and EEPROM processes in the company's ISO 9001 qualified wafer fabrication plant in San Jose.

For further information about IMP products and services, please visit our home page at impweb.com or e-mail info@impinc.com. For investor relations information, please call IMP's shareholder communications service on 888/323-2019. This service supplies IMP shareholders with instant access to comprehensive corporate information by telephone, fax, and mail.

Company headquarters are located at 2830 North First St., San Jose, CA, 95134-2071. Telephone: 408/432-9100. Fax: 408/434-0335.

Note to Editors: A photograph is available by calling 408/434-1467.
------------------------------------------------------------------------
Contact:

Imp Inc.
Barry Wiley, 408/432-9100
bhwiley@impinc.com
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