MathStar Announces Departure of CFO

Mar 20, 2008, 01:00 ET from MathStar, Inc.

    HILLSBORO, Ore., March 20 /PRNewswire-FirstCall/ -- MathStar, Inc.
 (Nasdaq:   MATH), a fabless semiconductor company specializing in
 high-performance programmable logic, today announced that James W.
 Cruckshank, MathStar's vice president, administration and chief financial
 officer, has resigned effective March 31, 2008. Mr. Cruckshank is leaving
 to become chief accounting officer at a public company that does not
 compete with MathStar.
 
     Doug Pihl, MathStar's chairman and CEO, will take on the
 responsibilities of chief financial officer as the company searches for a
 new CFO. John M. Jennings, MathStar's controller since June 2005, will
 become chief accounting officer and will continue to handle day-to-day
 financial duties.
 
     About MathStar, Inc.
 
     MathStar is a fabless semiconductor company offering best in class,
 high-performance programmable logic solutions. MathStar's field
 programmable object array (FPOA) can process arithmetic and logic
 operations at 1 gigahertz clock rates, which is up to four times faster
 than even the most advanced FPGA architectures in many applications.
 MathStar's Arrix family of FPOAs are high-performance programmable
 solutions that enable customers in the machine vision, high-performance
 video, medical imaging, security & surveillance and military markets to
 rapidly and cost effectively innovate and differentiate their products.
 FPOAs are available now and are supported by development tools, IP
 libraries, application notes and technical documentation. For more
 information, please visit http://www.mathstar.com.
 
 
 

SOURCE MathStar, Inc.