SAN JOSE, Calif., Aug. 24, 2015 /PRNewswire/ -- Atmel®
Corporation (Nasdaq: ATML), a global leader in microcontroller and
touch solutions, today announced that Steven Laub, the Company's Chief Executive
Officer, agreed to a Board of Directors' request to extend his
retirement date to facilitate the completion of an ongoing
strategic evaluation process. The Company does not intend to make
further public announcements regarding the status of the evaluation
process until it is completed, and there can be no assurance as to
its outcome or timing.
About Atmel
Atmel is a worldwide leader in the design
and manufacture of microcontrollers, capacitive touch solutions,
advanced logic, mixed-signal, nonvolatile memory and radio
frequency (RF) components. Leveraging one of the industry's
broadest intellectual property (IP) technology portfolios, Atmel is
able to provide the electronics industry with intelligent and
connected solutions focused on the industrial, automotive,
consumer, communications, and computing markets.
Safe Harbor for Forward-Looking Statements
Statements in this release, including those regarding any strategic
evaluation process and the results of that process, or Atmel's
business outlook, expectations and beliefs, among others, are
forward-looking statements that involve risks and uncertainties.
All forward-looking statements included in this release are based
upon information available to Atmel as of the date of this release,
which may change. These statements are not guarantees of actual
results, which could differ materially from our current
expectations. Investors should review the risks detailed from
time to time in Atmel's SEC reports and filings, including our Form
10-K for the year ended December 31,
2014, filed on February 26,
2015. Atmel assumes no obligation and does not intend to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
©2015 Atmel Corporation. Atmel®, Atmel logo and combinations
thereof, and others are registered trademarks or trademarks of
Atmel Corporation or its subsidiaries. Other terms and product
names may be trademarks of others.
Investor Contact:
Peter Schuman
Senior Director, Investor Relations
(408)
437-2026
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SOURCE Atmel Corporation