For Release: January 14, 2002
Robert Finocchio, Jr. Joins Altera's Board of Directors
San Jose, Calif., January 14, 2002 -- Altera Corporation (Nasdaq: ALTR) today announced the addition of Robert Finocchio, Jr. to the company's board of directors. Finocchio brings to Altera over 20 years of management experience in the networking and enterprise software industries.
"We look forward to leveraging Bob's extensive management experience as Altera continues to expand its market leadership in the programmable logic industry," said Rodney Smith, Altera Corporation's Chairman of the Board. "Bob's insight and broad industry experience will be a valuable addition to our company."
Finocchio is currently a private investor and a dean's executive professor at Santa Clara University, Leavey School of Business. From 1997 to 1999, he served as chairman, CEO and president of Informix Corporation, now a part of IBM Corporation (NYSE:IBM). Prior to Informix, Finocchio was the president of 3Com Systems (Nasdaq: COMS). His career includes 10 years at ROLM Corporation where he held various senior management positions in sales, marketing, service and finance.
"Due to Altera's steadfast commitment to innovation, the company's system-on-a-programmable-chip (SOPC) solutions are now a strategic element in today's electronic systems," said Finocchio. "This presents a very exciting opportunity for me to assist the management team in shaping the company's growth strategy."
About Altera
Altera Corporation (Nasdaq: ALTR) is the world's pioneer of system-on-a-programmable-chip (SOPC) solutions. Combining programmable logic technology with software tools, intellectual property, and technical services, Altera provides high-value programmable solutions to approximately 14,000 customers worldwide. More information is available at http://www.altera.com.
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