To: Black-Scholes who wrote (47788 ) 12/2/1999 4:58:00 PM From: John Rieman Read Replies (1) | Respond to of 50808
Padval joins the Elantec Board........................ Elantec thread............................Subject 3527 biz.yahoo.com Thursday December 2, 4:03 pm Eastern Time Company Press Release Elantec Semiconductor, Inc. Announces the Appointment of Umesh Padval as New Board of Director MILPITAS, Calif.--(BUSINESS WIRE)--Dec. 2, 1999--Elantec Semiconductor, Inc. (NASDAQ:ELNT - news) today announced the appointment of Umesh Padval as a new member of its Board of Directors. Mr. Padval is the President of C-Cube Microsystem's Semiconductor Division, managing all aspects of C-Cube's semiconductor business, which focuses on providing digital video solutions into the communications and consumer markets. Mr. Padval joined C-Cube Microsystems from VLSI Technology, Inc., where he was Senior Vice President and General Manager of the Digital Entertainment Division. Prior to this role, Mr. Padval served in several Business Unit Management, Sales and Marketing roles at VLSI Technology, Inc. Mr. Padval holds a B.S. degree in engineering from the Indian Institute of Mumbai, India; a M.S. degree in engineering from Pennsylvania State University; and a M.S. degree in engineering from Stanford University. Jim Diller, the Company's Chairman, President and Chief Executive Officer states ``I am very pleased to welcome Umesh to the Board of Elantec. Umesh has a wealth of semiconductor experience with which to enhance the Board's overall knowledge base. I and the rest of the Board look forward to his contributions.' Elantec designs, manufactures and markets high performance analog integrated circuits primarily for the video, optical storage, integrated DC:DC and xDSL markets. The Company targets high growth commercial markets in which advances in digital integrated circuit technology are driving increasing demand for high speed, high performance and low power consumption analog circuits. -------------------------------------------------------------------------------- Contact: Elantec Semiconductor, Inc. Ephraim Kwok, 408/945-1323 (Vice President and CFO) Debbie Ceraolo, 408/945-1323 (Investor Relations)