For Release: March 15, 2004
Texas Instruments Veteran Kevin McGarity Joins Altera Board.
San Jose, Calif., March 15, 2004—Altera Corporation (NASDAQ: ALTR) today announced that Kevin McGarity has been elected to the company’s board of directors. McGarity is a 27-year veteran of Texas Instruments where he most recently served as senior vice president of worldwide marketing and sales.
“Kevin’s many years of experience in the semiconductor industry will be of great value to Altera,” said John Daane, president, CEO, and chairman of Altera. “We intend to leverage his expertise as Altera continues to expand its market.”
McGarity joined Texas Instruments in 1972 as a sales engineer and served in various sales roles within the company. In 1982, he was appointed vice president of worldwide marketing and sales, and subsequently promoted to senior vice president, a position he held until his retirement from the company in 1999. He earned his Bachelor of Science degree in electrical engineering from Marquette University.
“This is an extremely exciting time to join Altera,” said McGarity. “There is a remarkable momentum in the marketplace for programmable logic and Altera is clearly leading the charge. I very much welcome this opportunity and look forward to being a member of the board of directors.”
About Altera
Altera Corporation (NASDAQ: ALTR) is the world’s pioneer in 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 www.altera.com.
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Altera, The Programmable Solutions Company, the stylized Altera logo, specific device designations and all other words that are identified as trademarks and/or service marks are, unless noted otherwise, the trademarks and service marks of Altera Corporation in the U.S. and other countries.
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