Cambou comes to SST with more than 29 years of semiconductor industry experience. He was previously president and chief executive officer of Spansion Inc., from its inception as a joint venture between AMD and Fujitsu in 2003, until January of 2009. Prior to Spansion, he was senior vice president of AMD's memory group. From 1999 to 2001, Cambou was chief operating officer at Gemplus International S.A. He also held various senior level positions at Motorola, Inc., including senior vice president and general manager of the Computing and Networking Systems Group and chief technical officer of the Semiconductor Product Group. Cambou has a doctorate degree in physics and electrical engineering from Paris XI University, an engineering degree from SUPELEC in Paris, France and a master's degree in physics from Toulouse University.
"We are very pleased to welcome Bertrand to the company in the middle of the worst downturn of the semiconductor industry," said Bing Yeh. "He brings a wealth of semiconductor experience, as well as strong flash memory market knowledge and a successful track record of managing significant growth at companies in the semiconductor industry. Bertrand joins us at an important time as the company is repositioning for a return to profitability and renewed growth by investing in strategically important technology and product advancements that will strengthen our position when the global economy begins to recover. Bertrand's appointment strengthens our management team and allows us additional bandwidth in reviving our core NOR flash business while aggressively developing new business for diversification."
"I am very excited to have the opportunity to join SST at this time," said Dr. Cambou. "The company has established itself as a leading embedded flash licensor, a technological leader in low-density NOR flash, and as a true innovator in complementary NAND controller-based solid-state storage products. I am very pleased to be a part of such a strong and dedicated team and look forward to contributing my own experience to assist and prepare the company for its continued growth and development."
About Silicon Storage Technology, Inc.
Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST's non-memory products include NAND controller-based products, smart card ICs and modules, flash microcontrollers and radio frequency ICs and modules. Further information on SST can be found on the company's Web site at http://www.sst.com.
Except for the historical information contained herein, this news release contains forward-looking statements regarding memory and non-memory market conditions, SST's future financial performance, SST's ability to grow and diversify its business and SST's ability to bring new products to market, all of which involve risks and uncertainties. These risks may include timely development, acceptance and pricing of new products, the terms, conditions and revenue recognition issues associated with licensees' royalty payments, the impact of competitive products and pricing, and general economic conditions as they affect SST's customers, as well as other risks detailed from time to time in the company's periodic reports, including the Annual Report on Form 10-K for the year ended December 31, 2008, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 and other reports filed from time to time with the Securities and Exchange Commission. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, SST disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
For more information about SST and the company's comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to Email Contact or through SST's Web site at http://www.sst.com. SST's head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408/735-9110; fax: 408/735-9036.
The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. All other trademarks or registered trademarks are the property of their respective holders.
For More Information Contact: Ricky Gradwohl Silicon Storage Technology, Inc. (408) 720-6512 firstname.lastname@example.org Leslie Green Green Communications Consulting, LLC (650) 312-9060
Web site: http://www.sst.com/