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Alchemy Semiconductor Announces Jim Moore As President And Chief Executive Officer
Industry Veteran and Business Leader Continues Momentum as High Performance, Low Power Processor Family Enters Market
AUSTIN, TX -- July 30, 2001 --Alchemy Semiconductor, Inc.™, an Austin-based fabless semiconductor company targeting the Internet Edge Device market, today announced James H. (Jim) Moore as the company's President and CEO. Moore has over 30 years of experience in computer, semiconductor, and consumer electronics industries. He is a founding General Partner of CEO Partnerships, and is also currently Chairman of the Board of BOXX Technologies. In addition to his past positions of President and COO at Crossroads Systems, Moore also spent 20 years in general management positions with Texas Instruments, Analog Devices and Cirrus Logic.
"Jim Moore has the combination of market, engineering and executive experience to lead Alchemy's business and product roadmaps," said Alchemy board member Jim Clardy. "He has a high degree of measurable success in marketing, sales, developmental engineering, manufacturing and financial control activities for businesses with an excess of $300 million in revenue and over 1,000 employees, as well as experience in taking a company public successfully."
Alchemy semiconductor designs, develops and markets high performance, yet very low power systems-on-a-chip (SOCs) based on the 32-bit MIPS (NASDAQ: MIPS) architecture, with unique Alchemy SOC design features that optimize power, performance and integration. Most recently announced products include the award-winning 400 MHz, 1/2 watt Au1000™, the first product to market in its performance class, and the networking-optimized Au1500™.
"I have been extremely impressed with the caliber, integrity, and depth of experience within the Alchemy team," said Moore. "The attributes of the company's first products are a strong indication of the company's pathway toward revenue and profitability, but it's the attributes of the people within this company that will drive it there."
"I'm proud to be among this group at Alchemy, and I look forward to reporting exciting milestones for the company as well as for the microprocessor industry," Moore concluded.
About Alchemy Semiconductor
Founded in Austin, Texas, in 1999, Alchemy Semiconductor is a fabless semiconductor company that designs, develops and markets high performance, yet very low power systems-on-a-chip (SOCs) for the Internet Edge Device market. These devices include both wireless hand-held enterprise PDAs and remote Internet access products, as well as Internet infrastructure products, such as routers and line cards. The company's founding team includes world-renown embedded microprocessor architects, led by former DEC Alpha / StrongARM design team members, allowing for a combination of proven design execution and MIPS performance technology to achieve high performance, low power dissipation and system integration in its Internet Edge Processor. Alchemy's headquarters are at 7800 Shoal Creek Blvd., Suite 222W, Austin, Texas 78757; or go to www.alchemysemi.com.
All names mentioned are trademarks, registered trademarks or service marks of their respective companies.
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