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For Release: November 22, 1999
Altera Honored With Prestigious Manufacturer Award from the National Electronic Distributors Association
- Influential Trade Association Recognizes Altera for Outstanding Quality, Support, and Industry Involvement
- Award Underscores Altera's Commitment to Strategic Distribution Partnerships
San Jose, Calif., November 22, 1999--Altera Corporation (Nasdaq: ALTR) today announced that the Company has been awarded the coveted 1999 National Electronic Distributors Association (NEDA) Manufacturer Award. The NEDA Manufacturer Award has been presented by the trade association since 1990, and recognizes the manufacturer-supplier that best exemplifies the spirit of partnership and quality performance for the industry.
NEDA, a not-for-profit trade association representing distributors of electronic components and their manufacturer-suppliers, accepts nominations for the award from its 184 distributor member companies. Members must consider product quality, profitability issues, support and training, ease of doing business, the quality and availability of information, and industry involvement when making their selection. Past recipients of the NEDA Manufacturer Award include Advanced Micro Devices, Motorola, and Texas Instruments.
"We are pleased to have been recognized by peers and customers represented in the National Electronic Distributors Association," said Pete Smyth, Altera vice president of worldwide sales. "Altera takes great pride in providing its customers with quality products and service which utilizes a successful distribution model. To be given such an award is indeed an honor."
"We are happy to have the opportunity to acknowledge Altera's commitment to an outstanding distribution strategy," said Skip Streber, president of NEDA and Arrow Semiconductor. "Altera has consistently embodied the quality, support and professionalism necessary to be nominated for this award."
About the National Electronic Distributors Association
The National Electronic Distributors Association, Inc., (NEDA) is a not-for-profit trade association representing authorized distributors of electronic components and their manufacturer-suppliers. Dedicated to enhancing the distributor-manufacturer relationship, NEDA represents companies involved in the distribution of electronic components, computers and computer peripheral components and test, measurement and control equipment parts. The association is celebrating its 60th anniversary in 1999.
About Altera Corporation
Altera Corporation, The Programmable Solutions Company™, was founded in 1983 and is a worldwide leader in high-performance, high-density programmable logic devices and associated computer aided engineering (CAE) logic development tools. Programmable logic devices are semiconductor chips that offer on-site programmability to customers. The chips are programmed using tools that run on personal computers or engineering work stations. User benefits include ease of use, lower risk, and fast time-to-market. The company offers the broadest line of CMOS programmable logic devices that address high-speed, high-density, and low-power applications. Altera products serve a broad range of markets, including telecommunications, data communications, computer peripherals, and industrial applications. Altera common stock is traded on the Nasdaq Stock Market under the symbol ALTR. More information on Altera can be obtained on the worldwide web at http://www.altera.com.
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