The following IMPX press release was published on Business Wire on September 2.
IMP, INC. TAPS INDUSTRY VETERAN TO HEAD WAFER FOUNDRY SALES TEAM
The first three paragraphs of the release state:
SAN JOSE, CA., September 2, 1998-- IMP, Inc. (Nasdaq: IMPX) today announced that Mr. Michael Turner has been appointed Western Area Sales and Foundry Services Sales Manger. In the newly created position, Mr. Turner will be responsible for worldwide wafer foundry business development and standard product sales activity for the Company's largest revenue producing region, the Western United States.
"Mike has proven experience managing the business activity of a $100 million wafer foundry," said Barry Wiley, IMP vice president of marketing, sales and applications. "As we move forward with our foundry strategy, focusing on power management and high-voltage applications, Mike's experience working with major customers on new programs will be a great asset."
"I am very excited about the growth opportunities at IMP," said Mr. Turner. "The Company's aggressive R&D spending history, both in wafer process technology and standard analog integrated circuits, is opening new revenue opportunities."
The full text of the release will be posted on the IMP website at impweb.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, manufacture and market new products, demand by end-users for 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. |
