Cypress Semiconductor Corp. (NASDAQ:CY), today announced the kickoff of a new Employee Wellness program that uses philanthropic giving as a motivator for employees. For every exercise-related activity an employee logs, Cypress donates money, in the employee’s name, to Second Harvest Food Bank.

Employees can log their activities online and through mobile devices to donate money to Second Harvest while getting in better shape and staying healthy. Eligible activities cover a wide range of ability levels, including walking, yoga, bike riding, swimming, and even yard work.

The combination wellness/philanthropic program is more than just a simple donation to a worthy cause; it motivates employees to pursue a healthy lifestyle. Cypress has pledged $20,000 to Second Harvest Food Bank, which will be donated as employee activities are tallied.

The program, which involves Cypress US, Cypress Asia, and Cypress Europe, began on October 20. Included in the launch are various “challenges” for the employees, including a group challenge between the USA, Asia, and Europe, and a personal challenge from President and CEO T.J. Rodgers.

“This is a revolutionary way to inspire healthy activities and enable employees to stay connected to one another and the community,” said Jay Kilby, Business Architect at Cypress. “Cypress gets healthy, happy, and motivated employees that can also feel good about contributing to a worthy cause.”

“Cypress has always been a strong supporter of Second Harvest Food Bank,” said Kathy Jackson, CEO of Second Harvest Food Bank of Santa Clara and San Mateo Counties. “We are grateful for the continued support and are excited about this new way of keeping employees and their friends and families involved and aware of the good they are doing for the community as they keep themselves healthy. We look forward to seeing all the Cypress-sponsored employee activities logged on the Plus 3 Network to benefit Second Harvest.”

Cypress is using Plus 3 Network (www.plus3network.com), a Silicon Valley startup, to deliver the program to employees and the funds to Second Harvest. Employees can track their activities using the Plus 3 website or access the mobile site from a Smartphone.

“You can think of us as a daily ‘health-a-thon, walk-a-thon, jog-a-thon, you name it – a- thon’,” said Rick Sutton, Plus 3 CEO. “For every minute of gym time or yard of walking, we move money to charity.”

Plus 3 builds on peer support by allowing each member of the Cypress community to see the public activities of others, and by building leader boards and engaging competitions between groups within the Cypress community site.

About Second Harvest Food Bank of Santa Clara and San Mateo Counties

Second Harvest Food Bank of Santa Clara and San Mateo Counties is the trusted leader dedicated to ending local hunger. Since its inception in 1974, Second Harvest has become one of the largest food banks in the nation, providing food to an average of nearly one quarter of a million people each month. The Food Bank mobilizes individuals, companies and community partners to connect people to the nutritious food they need. Nearly half of the food distributed is fresh produce. Second Harvest also plays a leading role in promoting federal nutrition programs and educating families on how to make healthier food choices. Visit www.SHFB.org to get involved.

About Plus 3

Plus 3 is a 'Health meets Philanthropy' Wellness Network where friends and coworkers mingle, log healthy activities for personal rewards and move company donations to charity courtesy of their employer or corporate sponsor. Plus 3 is fun, compelling and meaningful on multiple levels to enhance an individual's desire to stay on a healthy track. For more information, visit www.plus3network.com.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® programmable system-on-chip families and derivatives such as PowerPSoC® solutions for high-voltage and LED lighting applications, CapSense® touch sensing and TrueTouch solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets. Cypress is also a leader in high-performance memories and programmable timing devices. Cypress serves numerous markets, including consumer, mobile handsets, computation, data communications, automotive, industrial, and military. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.

Cypress, the Cypress logo, PSoC, PowerPSoC, CapSense, TrueTouch and West Bridge are registered trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.

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