Financial Releases
RF Micro Devices Appoints John Ocampo and Casimir Skrzypczak to its Board of Directors
Bob Bruggeworth, president and CEO of RFMD, commented "The composition of RFMD's new Board of Directors reflects the evolution of RFMD following its recent acquisition of Sirenza, which we believe created the world's largest, most diversified and best positioned RF company. These individuals' extensive industry experience and broad range of expertise should be of great value as we continue to grow RFMD."
Mr. John Ocampo, an industry veteran with over three decades of RF experience, was a co-founder of Sirenza Microdevices. He served as a director of Sirenza from its inception in May 1985 until November 2007 and as its chairman from December 1998 to November 2007. From May 1999 to September 2002, Mr. Ocampo served as Sirenza's chief technology officer and, from 1984 to May 1999, as its president and chief executive officer. From 1982 to 1984, Mr. Ocampo served as general manager at Magnum Microwave, an RF component manufacturer. From 1980 to 1982, he served as engineering manager at Avantek, a telecommunications engineering company, now Hewlett-Packard/Avantek. Mr. Ocampo holds a B.S.E.E. from Santa Clara University.
Mr. Casimir Skrzypczak brings over 30 years of extensive operating management, networking systems and telecommunications experience to RFMD's board. He served as a director of Sirenza from January 2000 to November 2007 and served as a senior vice president at Cisco Systems, a networking systems company, from November 1999 to July 2001. Prior to joining Cisco, Mr. Skrzypczak served as a group president at Telcordia Technologies, a telecommunications company, from March 1997 to October 1999. From 1985 to March 1997, Mr. Skrzypczak served as President of NYNEX Science & Technology, Inc., a subsidiary of NYNEX Corporation, a telecommunications company. Mr. Skrzypczak also serves as a director of JDS Uniphase, a publicly traded fiber- optic products manufacturer, and as a director of a number of privately held companies. Mr. Skrzypczak holds a B.E. from Villanova University and an M.B.A. from Hofstra University.
About RFMD: RF Micro Devices (Nasdaq: RFMD) is a global leader in the design and manufacture of high-performance radio frequency systems and solutions for applications that drive wireless and broadband communications. RFMD's cellular front ends, cellular transceivers, RF components and system- on-chip (SoC) solutions enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, cellular base station, wireless local area network (WLAN), CATV networking, aerospace, defense, and global positioning systems (GPS) markets. Recognized for its diverse portfolio of state-of-the-art semiconductor technologies and vast RF systems expertise, RFMD is a preferred supplier to the world's leading mobile device and RF equipment manufacturers.
Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001- certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at www.rfmd.com.
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including variability in quarterly operating results, the rate of growth and development of wireless markets, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, our ability to reduce costs and improve gross margins by implementing innovative technologies, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.
RF MICRO DEVICES® and RFMD® are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.
SOURCE RF Micro Devices, Inc.
CONTACT: Douglas DeLieto, VP, RFMD, +1-336-678-7968