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For Immediate Release
Chelmsford, MA 03/27/2008 -
Hittite Microwave Corporation (NASDAQ: HITT) today announced May 8, 2008 as the date for its 2008 annual meeting of stockholders. The company also announced the nomination for election at the 2008 annual meeting of three new directors:
Ernest L. Godshalk is Managing Director of ELGIN Management Group, a private investment company. From 2001 until his retirement in 2004, Mr. Godshalk served as President, Chief Operating Officer and a director of Varian Semiconductor Equipment Associates, Inc., a manufacturer of semiconductor processing equipment. Previously, he served as Varian's Vice President and Chief Financial Officer. He is a director of Verigy Ltd. and of GT Solar International Inc.
Adrienne M. Markham is a partner in the law firm of Goulston & Storrs LLP, Boston, Massachusetts. Ms. Markham brings 25 years of experience focusing on employment and corporate litigation. She has been an advisor to several bio-science and bio-tech firms.
Brian P. McAloon is a recently retired Group Vice President of the DSP and Systems Products Group of Analog Devices, Inc., a provider of semiconductors for high performance signal processing applications. He has also served in a number of other roles at Analog Devices, including Vice President, Sales; Vice President, Sales and Marketing - Europe and Southeast Asia and General Manager, Analog Devices, B.V.
Not standing for re-election at the company's 2008 annual meeting are Dr. Yalcin Ayasli and Bruce R. Evans. Dr. Ayasli founded Hittite Microwave Corporation in 1985. He served as a member of the company's board of directors from its inception. Mr. Evans has been a member of the company's board of directors since 2001. Hittite will nominate each of its other incumbent directors, Stephen G. Daly, Rick D. Hess, Cosmo S. Trapani and Franklin Weigold, for re-election.
"I speak for all our employees in wishing Dr. Ayasli many more successes in the next stage of his career," said Stephen G. Daly, Chairman, President and CEO. "We are proud of what Dr. Ayasli started at Hittite, and it is with a sense of great responsibility we carry it forward. I would also like to thank Bruce Evans for his seven years of service. We are excited to nominate three new directors with industry leading experience. Our nominees will increase the breadth of experience of our board and will be a great resource for our shareholders and management."
About Hittite Microwave Corporation
Hittite Microwave is an innovative designer and developer of high performance integrated circuits, or ICs, modules and subsystems for technically demanding radio frequency, or RF, microwave and millimeterwave applications. Products include amplifiers, attenuators, data converters, frequency dividers and detectors, frequency multipliers, high speed digital logic, mixers and converters, modulators and demodulators, oscillators, passives, phase shifters, power detectors, sensors, switches, synthesizers and variable gain amplifiers. Hittite's products are used in a variety of applications and end markets including automotive, broadband, cellular infrastructure, fiber optic, microwave and millimeterwave communications, military, space, and test and measurement. The company utilizes radio frequency integrated circuits (RFIC), monolithic microwave integrated circuits (MMIC), multi-chip modules (MCM) and microwave integrated circuit (MIC) technologies. The company is headquartered in Chelmsford, MA.
Hittite Microwave Corporation is an innovative designer and manufacturer of high performance integrated circuits, or ICs, modules, subsystems and instrumentation for technically demanding digital, RF, microwave and millimeterwave applications covering DC to 110 GHz. The Company's standard and custom products apply analog, digital and mixed-signal semiconductor technologies, which are used in a wide variety of wireless / wired communication and sensor applications for Automotive, Broadband, Cellular Infrastructure, Fiber Optics & Networking, Microwave & Millimeterwave Communications, Military, Test & Measurement, and Space markets. The Company is headquartered in Chelmsford, Massachusetts.
PR Contact: Beth McGreevy, MarCom Manager beth.mcgreevy@hittite.com
Print VersionHittite Microwave Corporation
2 Elizabeth Drive
Chelmsford, MA 01824
978-250-3343 phone
978-250-3373 fax
www.hittite.com
Hittite Microwave (Chelmsford, MA USA) is an ISO 9001:2008 and AS9100:2009 Certified Designer and Manufacturer
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