Simtek Announces Engagement of Strategic Advisor
13 Febbraio 2008 - 12:30PM
Business Wire
Simtek Corporation (NASDAQ: SMTK), the inventor, pioneer, and
world�s leading supplier of nonvolatile static random access memory
(nvSRAM) integrated circuits, today announced it has engaged
Pagemill Partners, LLC to assist the Board with respect to the
Cypress Semiconductor statement of intent, as set forth in the
Schedule 13D/A filed with the Securities and Exchange Commission on
Wednesday, February 6th, 2008, and other strategic options in order
to maximize long-term value for shareholders. �The team at
Pagemill, led by Managing Director Nels Nelsen, represented Simtek
on the ZMD acquisition in 2005,� said Harold A. Blomquist, Simtek's
president and chief executive officer. �Simtek has maintained close
working relations with the senior members of the Pagemill team,
since. We look forward to working with them to determine the best
course of action for the Company at this time.� About Simtek
Corporation Simtek Corporation designs and markets "NV + fast SRAM"
nonvolatile semiconductor memory products for use in a variety of
systems including RAID servers, storage arrays, GPS navigational
systems, industrial controllers, robotics, copiers, avionics,
metering, consumer, UPS, and networking and broadcast equipment.
Information on Simtek products can be obtained from its web site:
www.simtek.com; email: information@simtek.com. The company is
headquartered in Colorado Springs, Colorado.
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