6/20/2002 - ARC International (LSE:ARK), a leader in semiconductor and software technology licensing, announced that it has appointed Monica Johnson as its new Chief Financial Officer and senior vice president.
Johnson has held several senior level finance and accounting positions at Hewlett Packard's Semiconductor Products Group, where she worked for ten years. Her most recent position was the Chief Financial Officer at Webvan Group, an online retail and delivery service. She holds a MBA from Cornell University, NY and a BA in Economics from the University of California, Berkeley.
"I am very happy we were able to attract someone with Monica Johnson's talent and capabilities. She will make a great contribution to our future success" said Mike Gulett, ARC's president and CEO. Johnson joins the company effective June 28, 2002 and will be based in ARC's offices in San Jose, CA.
About ARC International
ARC International is a leading developer of embedded user-customizable, high-performance 32-bit RISC/DSP processor cores, with integrated development tools, peripherals, RTOS and software. These integrated products and solutions are a result of the acquisitions of MetaWare, VAutomation and Precise Software Technologies. ARC's integrated intellectual property solutions assist customers in rapidly developing next generation wireless, networking and consumer electronics products, reducing time to market, reducing their cost, reducing the number of IP suppliers and reducing their risk for system-on-chip products. Products based on ARC's technology include digital still cameras, set-top boxes, and network processors.
ARC International employs more than 200 people in research and development, sales, and marketing offices across North America, Europe and Israel. Full details of the company's locations and other information are on the company's web site, www.ARC.com. ARC International is listed on the London Stock Exchange as ARC International plc (LSE:ARK).
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