Tom Goodrich is a co-founder of Duff Ackerman & Goodrich (DAG LLC), a private equity firm formed in 1991 that is focused on the communications services, related infrastructure, media, and specialty manufacturing industries. Over the past decade, Mr. Goodrich has focused primarily on providing strategic guidance to companies in the cellular/PCS, cable television, and media industries. His other current board appointments include CallVision, Deer Creek Radio, Horizon Tower, mBlox, Motorsport Aftermarket Group, and Sagamore Hill Broadcasting.
"As Matrix Semiconductor continues to pursue the market for mobile content publishing using Matrix(R) 3-D Memory, the Company strongly believes that it will benefit from the years of relevant insight and experience that Mr. Goodrich brings to our board," said Dennis Segers, president and CEO of Matrix Semiconductor. "We view this appointment as a very important addition to the already strong board of directors that currently provides guidance to this company."
Prior to founding DAG, Mr. Goodrich spent three years with The Fremont Group as an active investor in private companies. Before Fremont, he was a co-founder of Dimensional Credit Corporation, which pioneered the development of collateralized loan pools for non-investment grade credits.
Mr. Goodrich spent the first several years of his career as a business strategy consultant, initially at the Stanford Research Institute (now SRI International) and then as an independent consultant to the Chairman of Bank of America.
"I am proud to be advising a company that is accomplishing truly breakthrough advancements in semiconductor design and manufacturing -- the world's first commercial 3-D integrated circuits," said Mr. Goodrich. "I hope to provide strategic guidance to Matrix as it builds upon the considerable technical and business successes that it has enjoyed this year."
About Matrix Semiconductor
Matrix Semiconductor, Inc. is the creator and developer of the world's first three-dimensional integrated circuits. Matrix's first product, Matrix(R) 3-D Memory (3DM), is a low cost, high density line of permanent, programmable, non-volatile memory that is compatible with existing standards. Matrix 3-D Memory accelerates time-to-market for publishers of digital content and is targeted for use in portable consumer electronic devices.
Privately held, Matrix is headquartered in Santa Clara, California. Additional information may be found at: http://www.matrixsemi.com
Contact:
Matrix Semiconductor Nivita Banthia, 408-869-8943 Email Contact or Dryden Marketing Group Phil Gomes, 510-769-9456 Email Contact