Skyworks Elects Robert A. Schriesheim to its Board of Directors; Executive Brings Global Corporate Development and Finance Expe
15 Maio 2006 - 11:00AM
Business Wire
Skyworks Solutions, Inc. (NASDAQ: SWKS), an industry leader in
radio solutions and precision analog semiconductors, today
announced that the company has elected Robert A. Schriesheim to its
board of directors. Schriesheim is a general partner for ARCH
Development Partners, a seed stage venture capital fund that
focuses on information technology / services and life sciences.
"Rob Schriesheim is an excellent addition to our board of
directors," said Dwight W. Decker, Skyworks' chairman of the board.
"He is a strategic thinker with global experience whose operational
and financial expertise will help us ensure we are creating maximum
shareholder value." Schriesheim, 46, has been with ARCH Development
since 2002, and been instrumental in building a portfolio of
technology investments. Prior to ARCH, Schriesheim was executive
vice president, corporate development and chief financial officer
for Global Telesystems, a $1 billion publicly-traded company based
in London that was acquired by KPNQwest in 2002. Previously, he was
president and chief executive officer of SBC Equity Partners. His
earlier career included various executive positions in corporate
development and finance with Ameritech, AC Nielsen and Brooke
Group. "I am excited to be joining Skyworks' board of directors at
this key growth stage of the company," said Schriesheim. "I look
forward to sharing my experience as Skyworks solidifies its
position as the industry leader in multimode radios and analog
semiconductors." Schriesheim graduated from Princeton University
with a bachelor's degree in chemistry and completed his master's in
business administration from the University of Chicago. About
Skyworks Skyworks Solutions, Inc. is an industry leader in radio
solutions and precision analog semiconductors servicing a
diversified set of mobile communications applications. The
company's power amplifiers, front-end modules and direct conversion
transceivers are at the heart of many of today's leading-edge
multimedia handsets, cellular base stations and wireless networking
platforms. Skyworks also offers a portfolio of highly innovative
linear products, supporting a diverse set of automotive, broadband,
industrial and medical customers. Headquartered in Woburn, Mass.,
Skyworks is worldwide with engineering, manufacturing, sales and
service facilities throughout Asia, Europe and North America. For
more information, please visit Skyworks' Web site at:
www.skyworksinc.com. Safe Harbor Statement This news release
includes "forward-looking statements" intended to qualify for the
safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include information relating to future results of Skyworks
(including certain projections and business trends).
Forward-looking statements can often be identified by words such as
"anticipates", "expects", "intends", "believes", "plans", "may",
"will", "continue", similar expressions, and variations or
negatives of these words. All such statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially and adversely from those projected, and may
affect our future operating results, financial position and cash
flows. These risks and uncertainties include, but are not limited
to: global economic and market conditions, such as the cyclical
nature of the semiconductor industry and the markets addressed by
the company's and its customers' products; demand for and market
acceptance of new and existing products; the ability to develop,
manufacture and market innovative products in a rapidly changing
technological environment; the ability to compete with products and
prices in an intensely competitive industry; product obsolescence;
losses or curtailments of purchases from key customers or the
timing of customer inventory adjustments; the timing of new product
introductions; the availability and extent of utilization of raw
materials, critical manufacturing equipment and manufacturing
capacity; pricing pressures and other competitive factors; changes
in product mix; fluctuations in manufacturing yields; the ability
to continue to grow and maintain an intellectual property portfolio
and obtain needed licenses from third parties; the ability to
attract and retain qualified personnel; labor relations of the
company, its customers and suppliers; economic, social and
political conditions in the countries in which Skyworks, its
customers or its suppliers operate, including security and health
risks, possible disruptions in transportation networks and
fluctuations in foreign currency exchange rates; and the
uncertainties of litigation, as well as other risks and
uncertainties, including but not limited to those detailed from
time to time in the company's filings with the Securities and
Exchange Commission. These forward-looking statements are made only
as of the date hereof, and the company undertakes no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise. Skyworks and
Skyworks Solutions are trademarks or registered trademarks of
Skyworks Solutions, Inc. or its subsidiaries in the United States
and in other countries. All other brands and names listed are
trademarks of their respective companies.
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