ASIC ALLIANCE CORPORATION CONTINUES TO ATTRACT SEASONED PROFESSIONALS
-- Rapidly Expanding Semiconductor Design Consultancy Appoints Elizabeth Hughes and David Moreno as Vice Presidents --
Woburn, Mass., - April 11, 2000 - ASIC Alliance Corporation, a leading supplier of ASIC, SOC and FPGA design and verification consulting services, today announced the appointment of Elizabeth Hughes to the position of vice president of human resources, and David Moreno to the position of vice president of operations and support. In these positions, Hughes and Moreno will support ASIC Alliance's continued growth.
As vice president of human resources, Elizabeth Hughes is charged with managing human resources, supporting organizational growth, working with the merger/acquisition team and continuing leadership development. She will also develop and manage ASIC University, ASIC Alliance's ongoing program of formal and informal education, training and professional development that is provided to all employees.
Prior to joining ASIC Alliance, Hughes was vice president of corporate human resources at Renaissance Worldwide, a global IT and management-consulting firm providing business and technology services. There, she was involved in creating the human resources infrastructure, designing human resources programs and providing organizational support. Her past experience also includes being a part of the original team that started a company for Fidelity in the outsourcing area. Overall, Hughes brings more than 20 years of human resources experience at large, multi-national organizations including Lechmere, Analog Devices, GenRad and Prudential Insurance Company of America, to her new position at ASIC Alliance. Hughes resides in Lexington, Mass.
David Moreno, vice president of operations and support, will oversee all of ASIC Alliance's operational activities, including the set up of the corporation's remote Design and Verification Centers.
Prior to joining ASIC Alliance, Moreno served as vice president of technical operations at Bus-Tech, a provider of connectivity solutions for data centers. There he directed all of the company's technical operations. Moreno has over 20 years of experience, including executive engineering positions at Databook, Software House and Digital Equipment Corporation. He began his career as a design engineer at Polaroid. He currently resides in Charlestown, Mass.
"Elizabeth's knowledge of consulting services and human resources experience, and David's blend of technical and management experience fit perfectly into our team here at ASIC Alliance," said Ray Carlin, president and CEO of ASIC Alliance Corporation. "These accomplished individuals bring invaluable skills and leadership to the Company, and their skills will support ASIC Alliance's continued expansion."
"I joined ASIC Alliance because of the Company's compelling mission, energetic team environment and rapid growth," said Hughes. "With my background, I am familiar with the intensity, complexity and excitement associated with beginning a company and seeing it through a successful growth cycle. ASIC Alliance provides me with an opportunity to apply that experience to enable the Company's continued growth."
"The opportunity here at ASIC Alliance is immense. The Company is blazing new trails in the industry with its unique delivery models," said Moreno. "In the upcoming year, the Company will be able to deliver solutions anywhere and at anytime, and I look forward to helping create the structure that will support them."
About ASIC Alliance Corporation
Headquartered in Woburn, Mass., ASIC Alliance Corporation is a leading provider of tools, processes and services to companies developing products with complex, sub-micron ASIC and FPGA technologies. The Company provides Time-to-Revenue Design Engineering SolutionsSM that enable breakthroughs in the time-to-market delivery of digital systems using a system level verification methodology integrating "best of class" EDA software with its own unique tools. ASIC Alliance forms a partnership in its customers' success by leveraging a center of excellence grounded in ASIC technology and industry expertise. Information about ASIC Alliance and its services and products is available by phone at 781-932-2442, by e-mail at info@zaiqtech.com or on the Internet at http://www.asic-alliance.com.
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