SAN JOSE, Calif., Dec. 5, 2019 /PRNewswire/ -- QuickLogic
Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company") today
mourns the loss of E. Thomas Hart,
the Chairman and a valued member of the Company's Board of
Directors, who passed away December 3,
2019, surrounded by family.
"We are deeply saddened by Tom's passing," said Brian Faith, CEO of QuickLogic. "Tom was an
inspiring leader, valuable mentor, and friend. He brought
great wisdom, insight, charisma, passion and wit to our company and
he will be greatly missed."
E. Thomas Hart served as a member
of QuickLogic's Board of Directors since June 1994, and as its Chairman since April 2001. On January 2,
2014, Mr. Hart became the non-executive Chairman of the
Board of Directors. Prior to that time, Mr. Hart served as
QuickLogic's Executive Chairman of the Board from January 2011 to January
2014, as its Chairman of the Board and Chief Executive
Officer from March 2009 to
January 2011, and as its President
and Chief Executive Officer from June
1994 to March 2009. Prior to
joining QuickLogic, Mr. Hart's experience included senior level
management responsibilities in semiconductor operations,
engineering, sales and marketing with several companies, including
National Semiconductor Corporation and Motorola Semiconductor
Inc. Mr. Hart was a retired United States Navy and Naval
Reserve Intelligence Officer, having served for a total of 38
years. He was also a Board Leadership Fellow of the National
Association of Corporate Directors.
The Board, officers and employees of QuickLogic would like to
extend their sincere condolences to his family.
Tom is survived by his two daughters.
About QuickLogic
QuickLogic develops low power, multi-core semiconductor platforms
and Intellectual Property (IP) for Artificial Intelligence (AI),
voice and sensor processing. The solutions include an embedded FPGA
IP (eFPGA) for hardware acceleration and pre-processing, and
heterogeneous multi-core SoCs that integrate eFPGA with other
processors and peripherals. The Analytics Toolkit from the
Company's wholly-owned subsidiary, SensiML Corporation, completes
the end-to-end solution with accurate sensor algorithms using AI
technology. The full range of platforms, software tools and eFPGA
IP enables the practical and efficient adoption of AI, voice and
sensor processing across the multitude of mobile, wearable,
hearable, consumer, industrial, edge and endpoint IoT applications.
For more information, visit www.quicklogic.com and
https://www.quicklogic.com/blog/.
Forward Looking Statements
This press release
contains forward-looking statements regarding our future business
expectations, which are subject to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. These include
statements regarding, but not limited to, the anticipated closing
of the Offering and the expected uses of the proceeds from the
Offering. Forward-looking statements can be identified by the use
of words such as "may," "will," "plan," "should," "expect,"
"anticipate," "estimate," "continue" or comparable terminology.
Such forward-looking statements are inherently subject to certain
risks, trends and uncertainties, including market conditions and
future decisions regarding the Company's use of cash resources,
many of which the Company cannot predict with accuracy and some of
which the Company might not even anticipate, and involve factors
that may cause actual results to differ materially from those
projected or suggested. Readers are cautioned not to place undue
reliance on these forward-looking statements and are advised to
consider these and other potential factors and uncertainties that
could cause actual results to differ from the results predicted,
including those described in more detail in the Company's public
reports filed with the SEC, including the risks discussed in the
"Risk Factors" section in the Company's Annual Reports on Form
10-K, Quarterly Reports on Form 10-Q and in the Company's prior
press releases, which are available on the Company's Investor
Relations website at http://ir.quicklogic.com/and on the SEC's
website at www.sec.gov. In addition, please note that the date of
this press release is December 5,
2019, and any forward-looking statements contained herein
are based on assumptions that we believe to be reasonable as of
this date. We undertake no obligation to update these statements as
a result of new information or future events.
QuickLogic and the QuickLogic logo are registered trademarks
of QuickLogic Corporation. All other brands or trademarks are the
property of their respective holders and should be treated as
such.
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SOURCE QuickLogic Corporation