SST Appoints New Independent Member to Board of Directors
2005年4月20日 - 10:47AM
PRニュース・ワイアー (英語)
SST Appoints New Independent Member to Board of Directors
SUNNYVALE, Calif., April 19 /PRNewswire-FirstCall/ -- SST (Silicon
Storage Technology, Inc.), (NASDAQ:SSTI), a leader in flash memory
technology, today announced the appointment of Terry M. Nickerson
to its Board of Directors, effective April 18, 2005, bringing the
board membership to six. Mr. Nickerson is expected to assume
chairmanship of SST's Audit Committee following the 2005 Annual
Meeting of Shareholders and is an audit committee financial expert,
as such term is defined by SEC rules and regulations. "We are
excited to welcome Terry as an instrumental member of our strategic
leadership team. He brings additional financial expertise and
management savvy to our well-rounded Board of Directors. His
appointment is indicative of the company's desire to maintain a
highly-qualified and professional Board," said Bing Yeh, SST's
president and chief executive officer. From 2001 to 2005 Nickerson
was the chief financial officer of ATI Technologies Inc. From 1988
to 1990, he was chief financial officer of Northern Telecom Ltd.
While with Northern Telecom, he was also president of Northern
Telecom Electronics, a subsidiary responsible for the company's
ASIC and Printed Circuit Board manufacturing. Nickerson spent more
than 18 years at IBM, primarily in finance and planning roles. He
also managed the IBM plant in Don Mills, Ontario, which later
became Celestica Inc. While with both IBM and Northern Telecom, he
served on international assignments covering Asia, Europe, and
Latin America. Nickerson has a Bachelor of Science degree in
Metallurgy Engineering from Queen's University and a MBA from
Harvard. About Silicon Storage Technology, Inc. Headquartered in
Sunnyvale, California, SST designs, manufactures and markets a
diversified range of nonvolatile memory solutions, based on
proprietary, patented SuperFlash technology, for high volume
applications in the digital consumer, networking, wireless
communications and Internet computing markets. SST's product
families include various densities of high functionality flash
memory components, flash mass storage products and flash
microcontrollers. SST also offers its SuperFlash technology for
embedded applications through its world-class manufacturing
partners and technology licensees including 1st Silicon (Malaysia)
Sdn. Bhd., Grace Semiconductor Manufacturing Corporation (Grace),
IBM, Motorola, Inc., National Semiconductor Corporation, NEC
Corporation, Oki Electric Industry Co. Ltd., Powerchip
Semiconductor Corp., Samsung Electronics Co. Ltd., SANYO Electric
Co., Ltd., Seiko Epson Corp., Shanghai Hua Hong NEC Electronics
Co., Ltd., Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC),
Toshiba Corporation, Vanguard International Semiconductor
Corporation and Winbond Electronics Corp. TSMC offers embedded
SuperFlash under its trademark Emb-FLASH. Further information on
SST can be found on the company's Web site at http://www.sst.com/ .
Forward-Looking Statements Except for the historical information
contained herein, this news release contains forward-looking
statements regarding flash memory market conditions, the company's
future financial performance, the performance of new products and
the company's ability to bring new products to market that involve
risks and uncertainties. These risks may include timely
development, acceptance and pricing of new products, the terms and
conditions associated with licensees' royalty payments, the impact
of competitive products and pricing, and general economic
conditions as they affect the company's customers, as well as other
risks detailed from time to time in the company's SEC reports,
including the Annual Report on Form 10-K for the year ended
December 31, 2004. 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 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. NOTE: The SST logo and SuperFlash
are registered trademarks of Silicon Storage Technology, Inc.
Emb-FLASH is a trademark of TSMC. All other trademarks or
registered trademarks are the property of their respective holders.
For More Information Contact: Jack K. Lai Vice President &
Chief Financial Officer Silicon Storage Technology, Inc.
408-735-9110 Leslie Green Stapleton Communications Inc.
650-470-0200 DATASOURCE: Silicon Storage Technology, Inc. CONTACT:
Jack K. Lai, Vice President & Chief Financial Officer of
Silicon Storage Technology, Inc., +1-408-735-9110, or ; or Leslie
Green of Stapleton Communications Inc., +1-650-470-0200, for
Silicon Storage Technology, Inc. Web site: http://www.sst.com/
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