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.
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Related links: http://www.mathstar.com
CONTACT: Alexis Pascal of Stapleton Communications, +1-650-470-4209, Alexis@stapleton.com, for MathStar, Inc.
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