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Cypress EVP to Judge BUILD Youth Business Plan Competition | Cypress Semiconductor

Cypress EVP to Judge BUILD Youth Business Plan Competition

Last Updated: May 07, 2004

Cypress EVP to Judge BUILD Youth Business Plan Competition

Non-Profit Organization Sponsors Fifth Annual Entrepreneurial Event For Underprivileged Students
Cypress CorpCom

SAN JOSE, Calif., May 7, 2004 - Cypress Semiconductor Corp. (NYSE: CY) today announced that its executive vice president of sales and marketing, Ralph Schmitt, will participate in judging the Businesses United in Investing, Lending and Development (BUILD) Fifth Annual Youth Business Plan Competition. In this competition, underprivileged high school students from East Palo Alto, Calif. will present their creative business plans to a panel of judges from local venture capital firms, schools and high-tech companies.

Each business plan will include the company's mission, product/service offerings and goals. Winners of this competition will be selected based on the student's plan, poise and ability to set realistic milestones to meet their business plan goals.

"BUILD provides disadvantaged youth an opportunity to succeed by creating real-world entrepreneurial experience," Schmitt said. "I've been impressed by BUILD in the last six months of my involvement. The Youth Business Plan Competition provides an outlet for some healthy competition for students to present their hard worked business plans to a panel of professionals."

The Youth Business Plan Competition will be held in the Bishop Auditorium of the Stanford Graduate School of Business in Palo Alto, Calif. on Saturday, May 22, 2004 at 1:00 p.m. PDT. For more information on this event, please visit the BUILD website at

Cypress supports other organization for underprivileged students." Cypress received awards from the Healing Institute for its support of the George Washington Carver Scholars Program in 2000, 2001 and 2002. In 1999, the company helped a team of less fortunate students from San Jose-based Broadway High School to capture the Silicon Valley Regional Championship in the national competition to build robots. In 2000, Cypress helped set up computer facilities with Internet access for economically disadvantaged Northern California student groups, donating equipment and money to the East Palo Alto Computer Lab and the Girls Club of the Mid-Peninsula.


Businesses United in Investing, Lending and Development ("BUILD") is a social venture, chartered in September 1999, which bridges the divide between youth in East Palo Alto and Eastern Menlo Park ("EPA") and the business and intellectual resources of Silicon Valley. BUILD empowers youth from low-income communities to excel in the classroom, on the job, and beyond by giving them an education in entrepreneurship. By encouraging students to develop their own small businesses, BUILD extends traditional entrepreneurial education far beyond the classroom and provides students with real-world business experiences. Intensive involvement of local business and community leaders in mentoring and support of the students, and an operating youth incubator are central and distinctive components of the program.

About Cypress

Cypress Semiconductor Corporation (NYSE: CY) is Connecting from Last Mile to First Mile(TM) with high-performance solutions for personal, network access, enterprise, metro switch, and core communications-system applications. Cypress Connects(TM) using wireless, wireline, digital, and optical transmission standards, including USB, Fibre Channel, SONET/SDH, Gigabit Ethernet and DWDM. Leveraging its process and system-level expertise, Cypress makes industry-leading physical layer devices, framers and network search engines, along with a broad portfolio of high-bandwidth memories, timing technology solutions, and reconfigurable mixed-signal arrays. More information about Cypress is accessible online at

Cypress and the Cypress logo are registered trademarks of Cypress Semiconductor Corporation." "Connecting from Last Mile to First Mile," and "Cypress Connects" are trademarks of Cypress. All other trademarks are the property of their respective owners.