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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (3307)	9/8/1999 8:49:00 PM
From: jjrocket	Respond to of 5867

OT - Any comments on David K. Lam becoming a board member at ASPC? Any input would be appreciated. Best of luck, Atlanta biz.yahoo.com Aspec Revamps Board of Directors New Board Members Strengthen Industry and Management Expertise SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 8, 1999--Aspec Technology, Inc. (NASDAQ: ASPC - news), a provider of very deep submicron system-on-chip (SOC) technologies and design tools, announced today that it has added 3 new board members. David K. Lam, a founder of Lam Research and Chairman of the David Lam Group; Ronald K. Bell, Vice President of Communication Products at Micro Linear Corporation; and William H. Lane III, President of Canyon Vista, Inc., have joined Aspec's Board. As a result of this restructuring, Jeff Saper and Walter Kortschack have left the company's Board. ``I am very excited about the new composition of the Board of Directors,' said Conrad J. Dell'Oca, chairman of the Board and co-founder of Aspec. ``With a much broader set of experience and a fresh approach, we expect to rapidly improve our business.' The semiconductor intellectual property (SIP) business that Aspec pioneered has gone through dramatic changes in its business model since 1998. While Aspec has restructured its SIP business to return to profitability, it is at the same time looking to leverage its extensive semiconductor experience into related technology and software business opportunities. Among them are silicon knowledge based electronic design automation software tools that provide high performance solutions to key problems in very deep submicron designs. Aspec Revamps Board of Directors Page 2 About the Board Members David K. Lam is best known for Lam Research, a semiconductor equipment maker he founded in 1980 that now has a market value of $2.2 billion. Dr. Lam is currently Chairman of the David Lam Group, a management consulting firm for high growth technology companies. Dr. Lam serves of the board of directors of a number of technology companies, including Tu-Si Technologies and Integrated Telecom Express. ``I'm very excited to be part of the new direction for Aspec Technology. Aspec has a deep understanding of silicon process technology. This knowledge is very critical and rare to find among IC design technology and tools companies,' stated David Lam. ``We hope to leverage this knowledge base into valuable products that address very deep submicron design challenges.' William H. Lane III is currently President of Canyon Vista, Inc., a management consulting firm. Mr. Lane has extensive business management and financial experience in both high growth and turn around business situations. He retired from Intuit Inc., a personal and small business finance software publisher in 1996 having served as its Vice President, Chief Financial Officer, Secretary and Treasurer. He previously held executive management positions at ChipSoft, Inc. and Honeywell Information Systems. Ronald K. Bell is currently Vice President of Communication Products at Micro Linear Corporation. Mr. Bell brings more than 25 years of high technology management experience in system architecture, hardware, software, and semiconductor development. Prior to Micro Linear, Mr. Bell has also held various executive positions, including CEO of Equator Technologies, Vice President and General Manager of LSI Logic, and Vice President and Chief Technology for the Computer Systems Group of the Unisys Corporation. This news release contains forward looking statements related to Aspec which are based on current expectations that includes statements regarding the Company's future expectations, beliefs, hopes, intentions, and strategies. These forward looking statements may involve substantial risks and uncertainties. Actual results and developments therefore may differ materially from those described in this release. For more information about Aspec and risks arising when investing in Aspec, you are directed to Aspec's most recent reports on Form 10-Q and recent registration statement on Form S-1 as filed with the United States Securities and Exchange Commission. About Aspec Technology Aspec Technology, Inc. (NASDAQ: ASPC - news) is a provider of semiconductor intellectual property (SIP) libraries, design services for complex IC (Integrated Circuit) system design and development as well as design tools. Aspec is located at 830 East Arques Avenue, Sunnyvale, CA 94086. More information is available at aspec.com.