ISSI Expands Board and Appoints Two New Directors
September 08 2006 - 12:00AM
PR Newswire (US)
SANTA CLARA, Calif., Sept. 7 /PRNewswire-FirstCall/ -- Integrated
Silicon Solution, Inc. (NASDAQ:ISSI) today announced the expansion
of its Board of Directors from seven (7) to nine (9) directors and
the appointment of Bryant R. Riley, Founder and Chief Executive
Officer of B. Riley and Co. Inc, Los Angeles, CA., and Melvin
Keating, President and CEO of Alliance Semiconductor, Santa Clara,
CA., to the newly created seats on the Board. Mr. Riley will serve
on the Board's Nominating Committee and Compensation Committee and
Mr. Keating will serve on the Board's Audit Committee. "Mr. Riley's
investor group is the largest stockholder of ISSI. He brings
substantial investment market and business experience to ISSI's
Board of Directors. In addition, Mr. Keating brings extensive
industry and management experience to ISSI. We welcome both to
ISSI, and look forward to having their combined expertise available
to us, as we refine and implement our business strategy," said
Jimmy S.M. Lee, Chairman and Chief Executive Officer of ISSI. About
the Company ISSI is a fabless semiconductor company that designs
and markets high performance integrated circuits for the following
key markets: (i) digital consumer electronics, (ii) networking,
(iii) mobile communications and (iv) automotive electronics. The
Company's primary products are high speed and low power SRAM and
low and medium density DRAM. The Company also designs and markets
EEPROM, SmartCards and is developing selected non-memory products
focused on its key markets. ISSI is headquartered in Silicon Valley
with worldwide offices in China, Europe, Hong Kong, India, Korea
and Taiwan. Visit our web site at http://www.issi.com/. DATASOURCE:
Integrated Silicon Solution, Inc. CONTACT: Scott Howarth, Vice
President & CFO, Investor Relations, +1-408-969-4686, or Web
site: http://www.issi.com/
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