SUNNYVALE, Calif., Oct. 20 /PRNewswire-FirstCall/ -- Spansion Inc. (NYSE: CODE), today announced the appointment of Dr. Saied Tehrani as senior vice president of research and development. Tehrani will be responsible for Spansion's technology and new product development in order to create high-performance and cost-effective solutions that will be applied to the specific needs of customers in the embedded portion of the Flash memory market.
"Saied is a strong addition to the Spansion executive team as we continue to expand our technology and product development capabilities," said John Kispert, president and CEO of Spansion. "I am confident that his considerable technical and product development expertise, combined with his strong leadership, will benefit our customers with innovative products that meet their application requirements."
Tehrani joins Spansion from Everspin Technologies, a global leader in MRAM and integrated magnetic sensors, where he was founder and chief operating officer. Tehrani has a strong track record of developing new and differentiated products based on innovative technologies. Prior to Everspin, he was director and fellow, Analog and Mixed Signal Technologies at Freescale Semiconductor and held several technology and R&D positions during his 20 years at Motorola.
"I am very pleased to join Spansion at a time of tremendous opportunity for the company," said Tehrani. "The technology team has built a strong foundation for Spansion to deliver differentiated products that address evolving customer demands for world-class semiconductor products."
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those statements. The risks and uncertainties include the company's ability to: create high performance and cost-effective solutions for embedded customers, continue to expand its technology and product development capabilities, and produce innovative and differentiated products that meet future customer demand. Additional risks and uncertainties related to the company's business are discussed in the company's Securities and Exchange Commission filings, including but not limited to the company's most recent Annual Report on Form 10-K for fiscal 2009 and Quarterly Reports on Form 10-Q. Unless otherwise required by applicable laws, the company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Spansion's (NYSE: CODE) Flash memory technology is at the heart of electronics systems, powering everything from the internet of today to the smart grid of tomorrow, positively impacting people's daily lives at work and play. Spansion's broad Flash memory product portfolio, smart innovation and industry leading service and support are enabling customers to achieve greater efficiency and success in their target markets. For more information, visit http://www.spansion.com.
Spansion(R), the Spansion logo, MirrorBit(R), and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.
SOURCE Spansion Inc.