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To: DJBEINO who wrote (5873)8/26/1999 10:02:00 AM
From: John McDonald  Read Replies (1) | Respond to of 9582
 
Alliance Semiconductor Names Tom Rossi as Vice President of Worldwide Sales

SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 26, 1999--Alliance Semiconductor Corporation (Nasdaq:ALSC) today announced that Tom Rossi has joined the Company as Vice President of Worldwide Sales.

Mr. Rossi joins Alliance Semiconductor from Integrated Device Technology, Incorporated (IDT), where he held a number of senior management sales positions, most recently as Director of Sales, Americas.

N. Damodar Reddy, the Company's Chairman, President and CEO, said, "We are excited to have Tom join Alliance. He brings over 30 years of sales experience in semiconductor memories, specialty memories, logic, controllers and processors to Alliance Semiconductor, including the last fifteen years at IDT. His leadership and sales management experience will help strengthen our continued efforts to build Alliance into a worldwide leader in providing memory and memory-intensive logic products."

Company Information

Alliance Semiconductor Corporation is a leading worldwide supplier of high performance memory and memory intensive logic products. Alliance's product lines include Static Random Access Memory (SRAM), Dynamic Random Access Memory (DRAM), flash memory and embedded memory and logic products.

Alliance designs, develops and markets its products to the desktop and portable computing, networking, telecommunications, instrumentation and consumer markets. Alliance manufactures its products through independent and joint venture manufacturing facilities, using advanced CMOS process technologies with line widths as narrow as 0.25 microns.

Alliance was founded in 1985 with headquarters in San Jose, California. Additional Company information can be found on our home page: alsc.com.

Forward Looking Statements

Except for historical information, the above statements of this press release (including, without limitation, expressions of expectation, belief, anticipation or estimation of the Company or its management) are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward looking statements. These risks and uncertainties include the risk factors listed under Item 1: Business and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's Form 10-K for the fiscal year ended April 3, 1999, which has been filed with the Securities and Exchange Commission and which is available through the Company's home page, alsc.com. These forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or to reflect any change in events, conditions or circumstances on which any such forward-looking statement is based, in whole or in part.

CONTACT:

Alliance Semiconductor

David Eichler, 408/383-4900

deichler@alsc.com



To: DJBEINO who wrote (5873)8/26/1999 10:03:00 AM
From: DJBEINO  Respond to of 9582
 
08:24 ET Micron Technology (MU) 69 1/2: Merrill Lynch upgrades stock from "NT accumulate" to "NT buy" and raising estimates for August FY00 from $1.90 to $2.22. Sees a tightening in supply from second-tier DRAM makers and lower inventory levels.

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