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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)



To: Black-Scholes who wrote (47788)12/2/1999 7:38:00 PM
From: view  Read Replies (1) | Respond to of 50808
 
Umesh said that he wants to get into networking area by means of buying a company.

I have no idea how that would fit with its set-up market.



To: Black-Scholes who wrote (47788)12/2/1999 9:15:00 PM
From: John Rieman  Respond to of 50808
 
China's DVD player sales are slower then expected................

globalsources.com


Beijing Dec. 02, 1999

China's DVD industry slow to take off
DVD players are not meeting sales expectations due to lack of DVDs for sale in mainland China.
Mainland China's DVD market has not met the expectations of DVD player producers, as predicted earlier this year. Most of the DVDs available in China are still primarily copied from videocassette or laser disc.

China has at least 10 DVD manufacturers and 11 production lines, but only two have started operations. Production delays are mostly due to insufficient programme sources, a lack of cooperation among hardware and software manufacturers and the publishing industry, and high production costs.