SANTA CLARA, Calif. , May 29 /PRNewswire-FirstCall/ -- Marvell Technology
Group Ltd. (Nasdaq: MRVL), a leader in storage, communications, and consumer
silicon solutions, today announced it has named
(Logo: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO)
Mr. Hosein brings to Marvell more than 25 years of experience in finance and operations in high technology industries. Prior to joining the Company, Mr. Hosein was chief financial officer for Integrated Device Technologies (IDT) and held the same position at Advanced Interconnect Technologies (AIT). Before joining Advanced Interconnect Technologies, Mr. Hosein was the chief financial officer and senior director of corporate planning of Candescent Technologies Corporation. Previous to Candescent, Mr. Hosein spent over 14 years with IBM Corporation, where he held several positions within their storage, microelectronics, data systems and corporate divisions.
'Clyde has extensive financial management experience in the tech sector as
well as a strong record of improving operations within the organizations he
has served,' said
'I'm extremely impressed with Marvell's history of innovation, market leadership, and their commitment to excellence,' said Hosein. 'I believe my background and expertise are an excellent fit for this world-class organization as it embarks on its next phase of growth and I am looking forward to helping the Marvell team achieve the next level of excellence.'
Mr. Hosein holds an M.B.A. from
Mr. Hosein's appointment is concurrent with the transition of
'We want to thank George for his excellent service as interim chief financial officer,' said Mr. Sutardja. 'George has been an integral member of the Marvell management team for the past few months, and we look forward to his continued leadership as acting chief operating officer.'
About Marvell
Marvell (Nasdaq: MRVL) is the leader in development of storage, communications, and consumer silicon solutions. The company's diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure including enterprise, metro, home and storage networking. As used in this release, the terms 'company' and 'Marvell' refer to Marvell Technology Group Ltd. and its subsidiaries, including Marvell Semiconductor Inc. (MSI), Marvell Asia Pte Ltd (MAPL), Marvell Japan K.K., Marvell Taiwan Ltd., Marvell International Ltd. (MIL), Marvell U.K. Limited, Marvell Semiconductor Israel Ltd. (MSIL), Marvell Software Solutions Israel Ltd., and Marvell Semiconductor Germany GmbH. MSI is headquartered in Santa Clara, California and designs, develops and markets products on behalf of MIL and MAPL. MSI may be contacted at (408) 222-2500 or at http://www.marvell.com.
Forward-looking Statements:
This release contains forward-looking statements that are subject to risks and uncertainties. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' 'may,' 'will,' 'should,' and their variations identify forward-looking statements. Statements that refer to, or are based on projections, uncertain events or assumptions also identify forward-looking statements. These statements are not guarantees of results and are subject to risks and uncertainties. Some risks and uncertainties that may adversely impact the statements in this release include, but are not limited to, the outcome of the company's search for a permanent CFO. For other factors that could cause Marvell's results to vary from expectations, please see the risks and other factors described in Marvell's Quarterly Reports on Form 10-Q , Annual Report on Form 10-K and Current Reports on Form 8-K as filed with the Securities and Exchange Commission from time to time. Marvell undertakes no obligation to revise or update publicly any forward-looking statements. Marvell(R) is a registered trademark of Marvell or its affiliates. Other names and brands may be claimed as the property of others.
For Further Information Contact:
Diane Vanasse
Marvell Public Relations
408-242-0027
dvanasse@marvell.com
Louise Kehoe
Ogilvy PR Worldwide
650-544-5070
louise.kehoe@ogilvypr.com
SOURCE Marvell Technology Group Ltd.


