MIPS Technologies Announces New Vice President of Worldwide Sales
November 07 2005 - 8:03AM
PR Newswire (US)
Former Vice President of Sales, the Americas Brings Embedded
Industry Expertise, Successful Sales Track Record to New Position
MOUNTAIN VIEW, Calif., Nov. 7 /PRNewswire-FirstCall/ -- MIPS
Technologies, Inc. (NASDAQ:MIPS), a leading provider of
industry-standard processor architectures and cores for digital
consumer and business applications, today announced it has promoted
Brad Holtzinger to the position of vice president of worldwide
sales. Mr. Holtzinger, most recently vice president of sales, the
Americas at MIPS Technologies, succeeds Jack Browne, who assumes
the position of vice president of marketing. Mr. Holtzinger joined
MIPS Technologies in 2001 as the director of systems solutions and
has more than 26 years of embedded industry experience in sales,
marketing and engineering. He was salesman of the year at MIPS
Technologies in his first year in sales. Following that, in his
first year as vice president of sales, the Americas, he led the
Americas team to record growth over the prior year. Mr. Holtzinger
began his career at Motorola in 1979 and was one of the founding
members of the Motorola Computer Group selling VME boards into the
embedded market. In 1991 he joined Force Computers and established
their embedded systems business unit. Additionally, he has had a
successful career selling semiconductors as a manufacturer's
representative for companies including Xilinx, PMC-Sierra, and
Fujitsu, among others. Mr. Holtzinger holds a B.S.E.E. degree from
Purdue University. "Brad brings a wealth of embedded technology
expertise and demonstrated ability to manage complex customer
relationships to his new role at MIPS Technologies," said John
Bourgoin, president and CEO of MIPS Technologies. "We look forward
to outstanding results from Brad and the entire sales team as our
company continues to expand its reach worldwide." About MIPS
Technologies, Inc. MIPS Technologies, Inc. is a leading provider of
industry standard processor architectures and cores for digital
consumer and business applications. The company drives the broadest
architectural alliance that is delivering 32- and 64-bit embedded
RISC solutions. The company licenses its intellectual property to
semiconductor companies, ASIC developers, and system OEMs. MIPS
Technologies, Inc. and its licensees offer the widest range of
robust, scalable processors in standard, custom, semi-custom and
application- specific products. MIPS Technologies, Inc. is based in
Mountain View, California, and can be reached at 650-567-5000 or
http://www.mips.com/. Safe Harbor Statement by MIPS Technologies,
Inc. under the Private Securities Litigation Reform Act of 1995:
Statements made in this news release, other than statements of
historical fact, are forward-looking statements, including, for
example, statements relating to trends, products, and sales
success. Forward-looking statements are subject to a number of
known and unknown risks and uncertainties, which might cause actual
results to differ materially from those expressed or implied by
such statements. These risks and uncertainties include MIPS
Technologies' ability to forecast product acceptance and adoption
of technologies by semiconductor companies; to overcome the
challenges associated with establishing licensing relationships
with semiconductor companies; to anticipate business and economic
conditions generally and in the semiconductor industry in
particular; to compete in the market for semiconductor IP
platforms; and other risks. For a further discussion of risk
factors affecting our business, we refer you to the documents we
file from time to time with the Securities and Exchange Commission,
including our Annual Report on Form 10-K for the year ended June
30, 2005 and subsequent Forms 10-Q and 8-K. MIPS Technologies, Inc.
disclaims any intention or duty to update any forward-looking
statements made in this news release. DATASOURCE: MIPS
Technologies, Inc. CONTACT: Cathy Browne of MIPS Technologies,
+1-650-567-5178, or Web site: http://www.mips.com/
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