Cypress Names Rajeev Mehtani as Senior Vice President of India Operations

SAN JOSE, Calif. — (BUSINESS WIRE) — June 29, 2009 Cypress Semiconductor Corp. (NYSE: CY) today announced the appointment of Mr. Rajeev Mehtani as Senior Vice President of India Operations. In his new role, Mehtani, who has more than 23 years of experience in the industry, will be responsible for managing and growing India operations.

Mr. Mehtani joins Cypress from NXP Semiconductors where he was the vice president and country manager for India. He previously held a wide variety of positions at NXP and Philips Semiconductors, including design engineering, corporate marketing and managing business units.

"I am truly excited to be a part of Cypress India,” said Mehtani. “Cypress is unique in that we have much more than R & D in India. A significant portion of global business management, as well as corporate and strategic marketing operations are based in India, offering an opportunity to impact the strategic direction of the company. In addition, our broad programmable product offering is well positioned to serve the growing Indian product design market, and we look forward to intensifying our sales efforts in India."

"Rajeev brings with him a wealth of knowledge and experience in all areas of development and business unit management,” said Paul Keswick, executive vice president of New Product Development at Cypress. "India is extremely important to the future growth and success of Cypress, and we are excited to have attracted a top industry talent for this position.”

Photo

A high-resolution photo of Rajeev Mehtani can be downloaded at www.cypress.com/go/Mehtani.

About Cypress India

Cypress started operations in India in 1995. It acquired a local telecom product design firm in 1999 and Lara Networks in 2001, adding a product engineering and testing division to its Indian arm. Cypress has since grown to over 500 employees spread across three locations in Bangalore, Hyderabad and Chennai. It has product engineering, testing and characterization, applications engineering, corporate strategic marketing, divisional marketing and R & D teams in India. Half of Cypress’s worldwide design engineers are based out of India.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the PSoC® programmable system-on-chip, USB controllers, general-purpose programmable clocks and memories. Cypress also offers wired and wireless connectivity technologies ranging from its CyFi™ Low-Power RF solution, to West Bridge® and EZ-USB® FX2LP controllers that enhance connectivity and performance in multimedia handsets. Cypress serves numerous markets including consumer, computation, data communications, automotive, and industrial. Cypress trades on the NYSE under the ticker symbol CY. Visit Cypress online at www.cypress.com.

Cypress, the Cypress logo and PSoC, West Bridge and EZ-USB are registered trademarks and CyFi is a trademark of Cypress Semiconductor Corporation. All other trademarks are the property of their respective owners.



Contact:

Cypress Public Relations
Samer Bahou, 408-544-1081
Email Contact




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