SUNNYVALE, Calif., April 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- Silicon Image, Inc. (Nasdaq: SIMG), a leader in multi-gigabit semiconductor solutions for the secure transmission and storage of rich digital media, today announced the appointment of Darrel Slack to the position of chief financial officer. Reporting to Silicon Image President and CEO Steve Tirado, Slack will be responsible for the company's finance, accounting, investor relations and information systems/information technology and facilities activities.
Slack most recently served as CFO at Centillium Communications, Inc. a leading provider of broadband access semiconductor solutions, where he was responsible for finance, accounting, investor relations and legal activities. Earlier, Slack held investment banking positions with Credit Suisse First Boston and Salomon Smith Barney, where he was responsible for a variety of technology securities underwritings and M&A advisory engagements. Prior to this, Slack spent 10 years with the U.S. Air Force, most recently as commander for the C-12 flight training program.
Commenting on Slack's appointment, Tirado noted, "We are pleased to have Darrel join the management team in this key role. His semiconductor and technology experience, combined with his strong investment banking background, will be an asset to our management team."
Speaking on his new appointment, Slack stated, "I am excited about joining Silicon Image and contributing to the implementation of its secure digital content delivery strategy. I believe this strategy positions us for future growth and profitability."
Slack replaces CFO Bob Gargus, who announced his intention to leave the Company in August of 2004. Slack holds a bachelor's degree in computer science from the U.S. Air Force Academy and a master's degree in business administration from the Stanford Graduate School of Business.
About Silicon Image
Headquartered in Sunnyvale, Calif., Silicon Image, Inc. designs, develops and markets multi-gigabit semiconductor and system solutions for a variety of communications applications demanding high-bandwidth capability. With its proprietary Multi-layer Serial Link (MSL(TM)) architecture, Silicon Image is well positioned for leadership in multiple mass markets including PCs, consumer electronics and storage. Currently, Silicon Image leads the global PC/display arena with its innovative digital interconnect technology, and has emerged as a leading player in the consumer electronics and storage markets by offering robust, high-bandwidth semiconductors. For more information on Silicon Image, visit www.siliconimage.com
This news release contains forward-looking information within the meaning of federal securities regulations. These forward-looking statements include statements related to the benefits of changes in Silicon Image's executive management and to the implementation of Silicon Image's content delivery strategy. These forward-looking statements involve risks and uncertainties, including those described from time to time in Silicon Image's filings with the Securities and Exchange Commission (SEC), that could cause the actual results to differ materially from those anticipated by these forward-looking statements. In particular, see "Management's Discussion and Analysis of Financial Condition and Results of Operations-Factors Affecting Future Results" in the most recent Annual Report on Form 10-K filed by Silicon Image with the SEC. Silicon Image assumes no obligation to update this forward- looking information.
NOTE: Silicon Image, MSL and www.siliconimage.com are trademarks or registered trademarks of Silicon Image, Inc. in the United States and other countries.
SOURCE Silicon Image, Inc.
Gloria Lee, Investor Relations of Silicon Image, Inc., +1-408-962-4282, or fax, +1-408-830-9531
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