Silicon Image Expands Storage Division to Capitalize on Revolutionary SATA-Based Storage Architecture
02 April 2004 - 9:20AM
PR Newswire (US)
Silicon Image Expands Storage Division to Capitalize on
Revolutionary SATA-Based Storage Architecture Management Aligned to
Target High-Growth Storage Opportunities SUNNYVALE, Calif., April 1
/PRNewswire-FirstCall/ -- Silicon Image, Inc. , a leader in
multi-gigabit semiconductor solutions for the secure transmission
and storage of rich digital media, announced today that it has
expanded its storage operations to address storage platforms
opportunities with a revolutionary new Serial ATA (SATA)-based
architecture. To strengthen its focus and capitalize on high-growth
storage opportunities, the Company has made the following
management changes. Steve Tirado, formerly company president, will
become division president of the storage group, reporting to Dr.
David Lee, Silicon Image chairman and CEO. Also joining the storage
group is Jimmy Garcia-Meza, former vice president of worldwide
sales, who will now serve as vice president of sales and marketing
for storage platforms, reporting to Mr. Tirado. Former senior
director of North America East and EMEA, Rob Valiton, will become
Silicon Image's vice president of worldwide sales, reporting to
David Lee. Dr. Lee will assume Mr. Tirado's former responsibilities
until a search is completed. "Our innovative new architecture for
SATA-based platforms requires the expansion of our storage business
to capitalize on this significant growth opportunity. To monetize
this opportunity requires the development of new products, channels
and partners. Following a strong finish to 2003 and a very strong
beginning for 2004, we felt the time was now right to deploy
resources to this initiative. Steve and Jimmy have been
instrumental in positioning and growing the company to this stage,
and we are counting on them to grow our storage business to a new
level. I am also very pleased to promote Rob Valiton to the senior
management team. Having responsibility for managing several large
OEM accounts, Rob has long been recognized as an outstanding member
of our sales organization and a rising star within the company,"
said Dr. Lee. "With its innovative and robust SATA technology,
Silicon Image has rapidly become a world force in the SATA storage
solutions market. Our SATALink(TM) solutions have been deployed
across more than 4 million systems, and I am excited to build our
business on this unique and revolutionary SATA architecture," said
Steve Tirado. "The storage industry has yet to see a true storage
appliance model capable of scaling from the consumer to the
enterprise. Our upcoming storage solutions will deliver
unprecedented price/performance, combined with the simplicity of
direct attached storage (DAS) and the robustness and features of a
storage area network (SAN). We intend to use this architecture to
strengthen our relationships with our existing customers and
strategic partners." 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, storage
and networking. Currently, Silicon Image leads the global
PC/display arena with its innovative digital interconnect
technology, and is now emerging as a leading player in the storage
industry-offering robust, high-bandwidth semiconductors and
systems. For more information on Silicon Image, visit
http://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 future financial results, storage
opportunities, product introductions, development and acceptance of
the company's SATA architecture and solutions. These
forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
anticipated by these forward-looking statements. In particular,
future demand in PC, display, consumer electronics and storage
markets may differ from current expectations, adversely affecting
expected future results for the company, new product introductions
may not be timely or successful, and standards may not be adopted
at the rates anticipated. In addition, 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 http://www.siliconimage.com/ are
trademarks, registered trademarks or service marks of Silicon
Image, Inc. in the United States and other countries. DATASOURCE:
Silicon Image, Inc. CONTACT: Kristen Fuller, Sr. Director Corporate
Marketing of Silicon Image, Inc., +1-408-616-4192, or fax,
+1-408-830-9530 Web site: http://www.siliconimage.com/
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