NeoMagic Corporation Names Syed Zaidi COO and Board Member
February 23 2007 - 9:00AM
PR Newswire (US)
SANTA CLARA, Calif., Feb. 23 /PRNewswire-FirstCall/ -- NeoMagic
Corporation (NASDAQ:NMGC), announced today that Syed Zaidi, its
Vice President of Corporate Engineering, has been appointed as the
Company's Chief Operating Officer and has been named to NeoMagic's
Board of Directors. Mr. Zaidi joined NeoMagic's engineering team in
1995 and was promoted to Vice President in 2000. Mr. Zaidi will
continue to be responsible for NeoMagic's Engineering Department
and will continue to report to Douglas Young, NeoMagic's President
and Chief Executive Officer. "Syed has been handling many of the
COO responsibilities for over a year now and I am happy to see him
receive the recognition that he deserves," said Douglas Young,
President and CEO of NeoMagic Corporation. "I have worked with Syed
for over three years and I look forward to working even more
closely with him to help NeoMagic achieve its goals during the
coming years. Syed is highly familiar with our customers and
markets, as well as our engineering, sales, marketing, and
operations." About NeoMagic NeoMagic Corporation delivers
semiconductor chips and software that provide mobile solutions that
enable new multimedia features for handheld devices. These
solutions offer low power consumption, small form-factor and high
performance processing. The Company demonstrated one of the first
solutions used for H.264 video decoding in a mobile digital TV
phone, and is developing and delivering solutions for audio/video
processing of the dominant mobile digital TV standards, including
ISDB-T, T-DMB, E-DMB and DVB-H. For its complete system solution,
NeoMagic delivers a suite of middleware and sample applications for
imaging, video and audio functionality, and provides multiple
operating system ports with customized drivers for the MiMagic
product family. NeoMagic has a patent portfolio of over 25 patents
that cover NeoMagic's proprietary array processing technology,
embedded DRAM and other technology. Information on the Company may
be found on the World Wide Web at http://www.neomagic.com/. NOTE:
NeoMagic and the NeoMagic circle logo are registered trademarks,
and MiMagic and NeoMobileTV are trademarks, of NeoMagic
Corporation. All other trademarks are the property of their
respective owners. NeoMagic disclaims any proprietary interest in
the marks and names of others. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO )
http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO
http://photoarchive.ap.org/ DATASOURCE: NeoMagic Corporation
CONTACT: Douglas R. Young, Chief Executive Officer, NeoMagic
Corporation, +1-408-988-7020; or Erica Mannion of Sapphire Investor
Relations, LLC, +1-212-766-1800, for NeoMagic Corporation Web site:
http://www.neomagic.com/
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