Anchor Bay, a leading supplier of video-processing semiconductors (ASICs) and systems, today announced the appointment of Ralph Marimon to the position of vice president and chief financial officer.
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For Immediate Release
Anchor Bay Announces Appointment of Ralph Marimon as Vice President and CFO
CAMPBELL, Calif. - - Dec. 12, 2006 - - Anchor Bay, a leading supplier of video -processing semiconductors (ASICs) and systems, today announced the appointment of Ralph Marimon to the position of vice president and chief financial officer. In this role Marimon will be responsible for the overall management of operations, finance, and administration, including contract manufacturer relationships and all financial, accounting, IT, and human resources activities.
Marimon comes to Anchor Bay from Tymphany Corporation, a provider of innovative audio transducers, where he was a core member of the executive management team and close counsel to the CEO. As vice president and CFO at Tymphany, he successfully led the post -acquisition financial and administrative integration of operations acquired by the company in the United States, Denmark, and China.
Prior to Tymphany, as vice president and CFO of Scientific Technologies, Inc., Marimon developed and implemented the company's investment strategy and set up and managed the Sarbanes -Oxley Act compliance program. In addition, he held the position of vice president and CFO at COM21 Corporation, where he led the financial due diligence and integration for two acquisitions. Marimon began his career with National Semiconductor Corporation.
"Ralph has a vast amount of experience leading corporations in times of transition, and this will be a tremendous asset to us as we shift our focus towards developing as a semiconductor company," said Craig Soderquist, CEO at Anchor Bay. "His proven record of success in operations, finance, and IT management speaks to his ability to guide Anchor Bay as we strive to bring our advanced video -processing semiconductors to our customers and strategic partners."
Marimon holds a Master of Management degree in finance and accounting from Northwestern University and a Bachelor of Arts in economics from the University of California, Los Angeles. He is a board member of the National Board of the American Electronics Association (AEA).
Marimon will be based in Campbell, Calif., and report to Craig Soderquist.
More information on Anchor Bay is available at www.anchorbaytech.com.
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About Anchor Bay Technologies, Inc.
Anchor Bay Technologies designs and manufactures advanced digital semiconductor and system -level solutions for next -generation digital television and high -definition digital video products. The company's proprietary Video Reference Series™ (VRS™) technologies allow Anchor Bay to offer a wide range of advanced video -processing solutions that greatly improve image quality on large -screen HDTV home theater systems and other video displays. The company's VRS Precision Video Scaling™, Precision Deinterlacing™, Progressive Reprocessing™ (PReP™), RightRate™, AutoCUE -C™, and Precision AV LipSync™ technologies are used in both Anchor Bay's semiconductor products and in its award -winning DVDO® iScan™ line of video -processing systems for end users.
The company is dedicated to providing leading -edge video technologies that will enable current and next -generation ICs and systems to deliver reference -quality images across a wide range of displays and sources. Privately held, Anchor Bay maintains its headquarters in Campbell, Calif.