For Release: June 19, 2000
Robert Mahoney Joins Altera as Vice President of Strategic Accounts
San Jose, Calif., June 19, 2000--Altera Corporation (Nasdaq: ALTR) today announced that industry veteran Robert Mahoney has joined the company as vice president of strategic accounts, reporting to Michael Jacobs, Altera senior vice president of worldwide sales. Mr. Mahoney's responsibilities consist of developing the organizational and operational infrastructure for Altera's strategic customers.
"With over 20 years of sales and management experience in the semiconductor industry, Mr. Mahoney will be a key figure in helping to develop Altera's sales strategies for its top-tier customers," said Michael Jacobs, Altera senior vice president of worldwide sales.
Most recently, Mr. Mahoney was director of western area sales at Analog Devices, where he was responsible for rebuilding the western area organization and implementing sales processes that positioned the company for sales growth of over 50 percent in the area in FY00. Prior to Analog Devices, he worked at National Semiconductor where he was instrumental in the development of strategic business plans and tactics that enabled National to become the semiconductor supplier of choice at Intel Corporation, resulting in over $100M dollars in sales. Mr. Mahoney holds both a bachelor's degree and master's degree in business from La Salle University.
About Altera
Altera Corporation, The Programmable Solutions Company®, was founded in 1983 and is a leading supplier of programmable logic devices (PLDs). Altera's CMOS-based PLDs are user-programmable semiconductor chips that enhance flexibility and reduce time-to-market for companies in the communications, computer peripheral, and industrial markets. By using high performance devices, software development tools, and sophisticated intellectual property cores, system-on-a-programmable-chip (SOPC) solutions can be created with embedded processors, memory, and other complex logic together on a single PLD. Altera common stock is traded on The Nasdaq Stock Market under the symbol ALTR. More information on Altera is available on the Internet at http://www.altera.co. A photograph can be found at http://www.businesswire.com/altera.
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