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Spansion Strengthens Executive Management Team with Appointment of Ajit Manocha as EVP of Worldwide Operations | Cypress Semiconductor

Spansion Strengthens Executive Management Team with Appointment of Ajit Manocha as EVP of Worldwide Operations

Last Updated: January 23, 2008

SUNNYVALE, Calif., Jan 23, 2008 -- Spansion Inc. (Nasdaq: SPSN), the world's largest pure-play provider of Flash memory solutions, today announced the appointment of Ajit Manocha as executive vice president of worldwide operations. Manocha brings more than 28 years of global management expertise in semiconductor manufacturing and supply chain to Spansion, further strengthening the company's executive leadership team and focus on operational excellence. Manocha will report to the Office of the CEO.

"Ajit is a recognized semiconductor leader with significant global management expertise," said Jim Doran, executive vice president, chief operating officer and member of the Office of the CEO of Spansion. "His experience and leadership will play a pivotal role in aligning our manufacturing and supply chain with our business units and sales, a role of strategic importance to the company."

Manocha will be responsible for all aspects of Spansion's global manufacturing operations, IT and supply chain management, including product cost, yields, quality, reliability, on-time delivery, manufacturing cycle times and customer service.

"Spansion is an innovative technology and manufacturing leader with a compelling future in the Flash memory industry," said Manocha. "I look forward to working with a team that has an incredible potential to reshape the Flash memory industry and am excited to play a key role in helping structure Spansion's supply chain to achieve its long-term success."

A seasoned semiconductor expert, Manocha has held several senior executive and management positions at NXP, Philips Semiconductors, AT&T Microelectronics and AT&T Bell Laboratories. Most recently, he was executive vice president and chief manufacturing officer at NXP (formerly Philips Semiconductors), where he was responsible for heading up worldwide IC manufacturing, supply chain management and purchasing for the semiconductor division. At Philips Semiconductors, Manocha made significant improvements in that company's supply chain and was responsible for leading the manufacturing operations to world-class operational and financial performance. While at AT&T Microelectronics, Manocha was charged with developing new joint ventures and strategic alliances, and he played a lead role in the manufacturing JV of AT&T and Cirrus Logic.

While at NXP, Manocha has most recently been a member of the Board of Directors of International SEMATECH, the Crolles Alliance (a 300mm development and manufacturing joint venture between STM, Freescale and Phillips), ASMC (a publicly traded foundry in China) and chairman of the Board of Directors of SSMC (a joint venture between NXP and TSMC). Ajit will continue as an advisor to NXP on Industrial Strategy and maintain advisory board roles in a couple of local start-ups.

About Spansion

Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. For more information, visit

Spansion(R), the Spansion logo, MirrorBit(R), MirrorBit(R) Eclipse(TM), ORNAND(TM), ORNAND2(TM), HD-SIM(TM) and combinations thereof, are trademarks of Spansion LLC in the U.S. and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

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