25.3.2003: Meldung: Transmeta: New Senior Vice President
"Art Swift is an outstanding and timely addition to our team," said Dr. Matthew R. Perry, president and CEO, Transmeta Corporation. "Art brings us more than 20 years of industry experience and business achievement, which includes senior marketing positions for other suppliers of innovative high performance microprocessors. Art has worked very successfully with me and with other members of the Transmeta leadership team at other companies, and we believe that he can make an immediate contribution to our market expansion efforts and to the launch of our new TM8000 processor," said Dr. Perry.
"I look forward to working again with Art to launch a great new microprocessor -- this time the Transmeta TM8000," said Dave Ditzel, co- founder and chief technology officer, Transmeta Corporation. Ditzel and Swift worked together at Sun Microsystems before Ditzel founded Transmeta. Ditzel, who has recently also served as acting vice president of marketing for Transmeta, will continue as chief technology officer for Transmeta. "Transmeta can only benefit from Art"s creativity, professional discipline and thorough understanding of the microprocessor business," Ditzel said.
Swift joins Transmeta from Summit Microelectronics, where he was vice president of marketing and business development. His experience includes service as vice president and general manager at Cirrus Logic, where he worked with Dr. Perry and managed, in succession, Cirrus" PC Products Division, Optical Storage Division and Magnetic Storage Division. Swift has also served as vice president of marketing for Cirrus Logic, where he was responsible for the PC Products Division; as vice president of marketing for Sun Microsystems, where he had marketing responsibility for Sun"s semiconductor division and Sparc microprocessors; and as vice president of marketing and sales for Digital Equipment Corporation, where he had responsibility for Digital"s semiconductor business unit including Alpha microprocessors. Swift earned a B.S. degree in Electrical Engineering from The Pennsylvania State University.
"Transmeta is renowned for its world-class technical team and its record of developing exciting new technologies and products," said Swift. "I look forward to helping them to identify and develop market opportunities matched to their technological achievements."
About Transmeta Corporation
Transmeta develops and sells software-based microprocessors and develops additional hardware and software technologies that enable computer manufacturers to build computers that simultaneously offer long battery life, high performance and x86 compatibility. Transmeta"s family of Crusoe microprocessors is targeted at the notebook, Tablet PC and Internet appliance segments of the mobile Internet computer market, as well as a range of embedded applications. To learn more about Transmeta visit www.transmeta.com.
Safe Harbor Statement
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements speak only as of the date of this release, and we will not necessarily provide updates of our projections or other forward-looking statements. Investors are cautioned that such forward-looking statements are subject to many risks and uncertainties, and may differ materially or adversely from our actual results or future events. Important risk factors that could have material or adverse effects on our results include general economic and political conditions and specific conditions and volatility in the markets that we address, the rescheduling or cancellation of significant customer orders, market acceptance and adoption of our new products by our present and future customers and end users, difficulties in developing or manufacturing new and existing products in a timely and cost effective manner, our dependence on third parties for sourcing materials and providing manufacturing services, intense competition and competitive pressures, patents and other intellectual property rights, and other risk factors. We urge investors to review our filings with the Securities and Exchange Commission, including our most recent report on Form 10-Q, which describes these and other important risk factors that could have an adverse effect on our results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.
Note to Editors: Transmeta is a trademark of Transmeta Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.
Phillip Bergman, 408/919-6818
Deborah A. Stapleton, 650/470-0200