SAN
JOSE, Calif., April 1,
2024 /PRNewswire/ -- QuickLogic Corporation
(NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized
FPGAs and Endpoint AI/ML solutions, today announced that
Radhika Krishnan has stepped down
from its Board of Directors effective March
31, 2024 in order to focus on her operator role at Amazon
Web Services.
Ms. Krishnan has served on QuickLogic's Board since 2021. She
served as a member of the Compensation Committee and Nominating and
Corporate Governance Committee and was a Class III Director.
"On behalf of our Board and QuickLogic's management team, we
want to thank and acknowledge Radhika for her contributions to the
Company," stated Mike Farese, Chairman of the Board of
QuickLogic. "We want to express our gratitude for the leadership,
strategic insight and expertise in Artificial Intelligence that
Radhika has provided over the past years."
Ms. Krishnan stated, "QuickLogic has made great progress
developing its comprehensive eFPGA IP ecosystem during the last
three years and is well positioned to capitalize on the rapidly
increasing demand for such innovative technology in new SoC
designs."
Effective upon Ms. Krishnan's resignation as a director, the
size of the Company's Board of Directors was reduced from seven to
six directors. Ms. Krishnan's departure, the reduction in the
size of the Board and the Board committees and the reduction of the
number of Class III directors does not impact the Company's
compliance with Nasdaq Listing Rules.
About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK)
is a fabless semiconductor company that develops innovative
embedded FPGA (eFPGA) IP, discrete FPGAs, and FPGA SoCs for a
variety of industrial, aerospace and defense, edge and endpoint AI,
consumer, and computing applications. Our wholly owned subsidiary,
SensiML Corporation, completes the end-to-end solution portfolio
with AI / ML software that accelerates AI at the edge/endpoint. For
more information, visit quicklogic.com.
QuickLogic and QuickLogic logo are registered trademarks of
QuickLogic. All other trademarks are the property of their
respective holders and should be treated as such.
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SOURCE QuickLogic Corporation