MIPS Technologies Names Mervin S. Kato as Chief Financial Officer
05 January 2006 - 8:15AM
PR Newswire (US)
MOUNTAIN VIEW, Calif., Jan. 4 /PRNewswire-FirstCall/ -- MIPS
Technologies, Inc. (NASDAQ:MIPS), a leading provider of
industry-standard processor architectures and cores for digital
consumer business applications, today announced it has promoted
Mervin S. Kato to the position of chief financial officer. Mr.
Kato, most recently vice president of finance and corporate
controller at MIPS Technologies, succeeds Kevin C. Eichler, who, as
announced in November 2005, is transitioning out of the company
during the first calendar quarter of 2006. Mr. Kato has served as
vice president of finance since May 2001 and corporate controller
since May 1998. He brings more than 30 years of high tech industry
experience in finance and operations. Previously, Mr. Kato was
controller of the MIPS Group at Silicon Graphics, Inc. (SGI) and
was involved with the spin-out of the company from SGI in 1998.
Prior to joining SGI, Mr. Kato spent 15 years with Apple Computer,
Inc. in various financial and operational management positions. Mr.
Kato holds a B.S. degree in Business Administration with a
concentration in accounting from San Jose State University. "Merv
has an outstanding track record leading the MIPS finance team, and
is a natural fit for the chief financial officer position," said
John Bourgoin, president and CEO. "His in-depth understanding of
our business model, the needs of our customers, and our obligations
as a public company is exceptional. I am delighted to have him
assume the role of CFO." MIPS Technologies, Inc. MIPS Technologies,
Inc. is a leading provider of industry standard processor
architectures and cores for digital consumer and business
applications. The company drives the broadest architectural
alliance that is delivering 32- and 64-bit embedded RISC solutions.
The company licenses its intellectual property to semiconductor
companies, ASIC developers, and system OEMs. MIPS Technologies,
Inc. and its licensees offer the widest range of robust, scalable
processors in standard, custom, semi-custom and application-
specific products. MIPS Technologies, Inc. is based in Mountain
View, California, and can be reached at 650-567-5000 or
http://www.mips.com/. DATASOURCE: MIPS Technologies, Inc. CONTACT:
media, Kathleen Matthews, +1-650-567-5035, or , or investors,
Bonnie Gardiner, +1-650-567-7007, or , both of MIPS Technologies,
Inc. Web site: http://www.mips.com/
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