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Technology Stocks : Semtech (Nasdaq:SMTC) -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (1079)4/25/2000 12:09:00 PM
From: The Ox  Respond to of 1225
 
Semtech Opens Mixed-Signal Design Center in Austin, Texas

NEWBURY PARK, Calif.--(BUSINESS WIRE)--April 25, 2000--Semtech Corp. (Nasdaq:SMTC), a leading manufacturer of analog and mixed-signal ICs, today announced establishment of its Austin, Texas, Mixed-Signal Design Center to provide design expertise to customers in the Southwest and support the company's expanding business in system- management ICs.

Semtech's Austin Design Center, opened April 17, is the company's fourth worldwide design facility. Located in the fastest-growing technology center in the country, Semtech will be seeking to fully staff the facility by the end of the year.

"The southwestern United States is an area rich in engineering activity," said Dave Anderson, director of IC design and development. "The new design center will provide us access to talented engineers who have the experience to help develop our innovative system- management solutions."

Semtech is committed to identifying opportunities in order to have the decisive advantage in meeting customer requirements. This design center presents a focused expansion that will aid in achieving the company's aggressive product-development goals. With the opening of this facility, Semtech will be seeking to hire several new engineers and designers.

"The Austin area offers many geographical advantages to the employees and their families," said Phil Kruczkowski, design center manager, "such as great weather, lovely Texas hill country and close proximity to excellent universities. Rapidly becoming the Silicon Valley of the Southwest, Austin offers a beautiful alternative within a technology-rich community."

About Semtech

Semtech is a leading supplier of high-quality analog and mixed- signal ICs for power management, overvoltage and transient protection, high-performance products, system management and advanced communications. Publicly traded since 1967, Semtech is listed on the Nasdaq National Market under the symbol SMTC.

For more information, contact Semtech Corp. at 652 Mitchell Road, Newbury Park, Calif. 91320; telephone 805/498-2111; e-mail to info@semtech.com; or visit its Web site at www.semtech.com.

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CONTACT:

Semtech Corp., Newbury Park

Lori Posey 805/498-2111

lposey@semtech.com