Altera Joins Semiconductor Industry Association's Board of Directors

1/21/2003 - The Semiconductor Industry Association (SIA) announced the appointment of John Daane, Chairman-elect, President and CEO of Altera Corporation (Nasdaq: ALTR) to its board of directors. Daane joins other semiconductor industry leaders in the drive to advance the growth and competitiveness of the $71 billion U.S. chip industry.

"John's presence on the SIA Board will further broaden our expertise, experience and perspective on issues and opportunities the industry faces," stated George Scalise, SIA President. "Altera and its twenty year history of innovation will be a great addition to this board as we aggressively work to achieve important SIA objectives."

John Daane joined Altera as president and CEO in November of 2000 and was elected earlier this month to be chairman of Altera's board of directors. Prior to joining Altera, Daane spent 15 years at LSI Logic Corporation where he was executive vice president of the Communications Products Group.

Altera is a leading supplier of programmable logic devices (PLDs) and the pioneer of system-on-a-programmable-chip solutions. Founded in 1983, Altera combines the programmable logic technology it invented with software, intellectual property and technical services to customers in the consumer, industrial computer storage and digital consumer markets. Headquartered in San Jose, California, the company has offices in 14 countries and provides its high value programmable solutions to 14,000 customers worldwide.

The SIA Board of Directors is comprised of U.S.-based semiconductor companies, which include AMD, Agere Systems, Analog Devices, Conexant Systems, IBM, Intel, Intersil, LSI Logic, Micron Technology, Motorola, National Semiconductor, Texas Instruments and Xilinx.

The SIA is the leading trade association representing the semiconductor industry. The SIA's agenda is driven by our members and together we achieve tremendous progress in areas such as international trade, technology, public policy, occupational safety and heath, environmental issues, industry statistics, government procurement, and other issues affecting US semiconductor competitiveness.

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