Altair Opens US Office - Unstrung

Altair Opens US Office
Unstrung

Sept. 3, 2008

Altair Semiconductor, a fabless chip company developing the world's most advanced 4G mobile semiconductors for handheld devices, today announced the appointment of Mark Rice as Vice President and General Manager, Americas. Rice's appointment also marks the beginning of Altair's global expansion and the opening of a new office in Dallas, Texas.

Rice joins Altair with 25 years of experience in semiconductor systems sales and marketing and has worked extensively in the Americas, China, Japan, Korea and Taiwan. In his new role with the company, he will be charged with growing Altair's business and presence in the Americas.

"As the 4G market starts to materialize in North America, indicated by actual deployments of mobile WiMAX and increased trial activity of LTE, we feel it is the right time for Altair to grow its business and leverage our unique product position into a leadership market position," said Oded Melamed, CEO of Altair Semiconductor. "With Mark's extensive experience in semiconductor sales and marketing, coupled with his proven history of driving impressive growth, we are confident he is the right person to lead Altair's growth and build our presence in this important region."