| By PR Newswire | Article Rating: |
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| January 20, 2006 01:00 PM EST |
BROOMFIELD, Colo., Jan. 20 /PRNewswire-FirstCall/ -- Sirenza Microdevices, Inc. announced that Christopher Crespi has been appointed to the company's Board of Directors, effective January 19, 2006. Also on January 19, 2006, director Peter Chung announced his resignation from Sirenza's Board of Directors effective as of April 1, 2006, in order to devote more time to his duties as a managing partner of Summit Partners. Mr. Crespi will replace Mr. Chung on the company's Nominating and Audit Committees once his resignation becomes effective. Each committee and a majority of the Board will continue to consist of independent, non-employee directors following these changes.
Crespi, 43, is the co-founder and president of Pacific Realm, LLC, an investment fund which invests in private growth companies and equity funds. Prior to founding Pacific Realm, Mr. Crespi served as a managing director and the senior telecommunications equipment analyst for Banc of America Securities, LLC. He holds a bachelor of science degree, electrical engineering, from the University of California, Davis and an MBA degree from the Kellogg Graduate School of Management, Northwestern.
Chung has served on the company's board since October 1999. He is also a member of the Audit and Nominating Committees.
"We welcome the addition of Chris Crespi to Sirenza's Board of Directors," stated John Ocampo, Sirenza's Chairman of the Board. "He brings a wealth of telecommunications, investment and financing experience to the company."
"We would also like to thank Peter Chung for his valuable contributions to Sirenza's board and, in particular, his support of the transition of Sirenza from a private to a public company with our initial public offering in May 2000," added Ocampo. "He has been an outstanding independent director, and we wish him every success with his future endeavors."
About Sirenza Microdevices, Inc.
Sirenza Microdevices is a supplier of radio frequency (RF) components. Headquartered in Broomfield, Colorado, with design centers throughout the U.S., Sirenza Microdevices designs and develops RF components for commercial communications, consumer, and aerospace and defense (A&D) equipment markets. Sirenza's integrated circuit and multi-chip module product lines include amplifiers, power amplifiers, transceivers, tuners, discrete devices, RF signal processing components, signal source components, government and military specified components, and antennae and receivers for satellite radio. Certifications include ISO 9001:2000 Quality Management System and ISO 14001:2004 Environmental Management System (registered by QMI). Detailed product information may be found on Sirenza's website at http://www.sirenza.com/.
NOTE: Sirenza Microdevices(R) and the Sirenza logo are trademarks of Sirenza Microdevices, Inc. All other trademarks are property of their respective owners.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030820/SMDILOGO)
CONTACT: Jodi Bochert of Sirenza Microdevices, Inc., +1-303-327-3193,
ir@sirenza.com
Web site: http://www.sirenza.com/
Published January 20, 2006
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