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ANADIGICS: ANADIGICS Appoints New Vice President of Operations


Published on 2009-06-08 13:39:18, Last Modified on 2009-06-08 13:40:12 - Market Wire
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WARREN, NJ--(Marketwire - June 8, 2009) - [ ANADIGICS, ] Inc. (NASDAQ: [ ANAD ]) today announced that it has appointed Russ Wagner as Vice President, Operations. Wagner joined the Company in September 2007, as part of ANADIGICS' acquisition of Fairchild Semiconductor's RF design team. Mr. Wagner was the General Manager of Fairchild [ Semiconductor's RF ] Power Group in Tyngsboro, MA.

Mr. Wagner brings over fifteen years of valuable semiconductor industry experience to the position. Previous positions include VP Business & Strategic Development at Raytheon RF Components, VP Finance & Corporate Development of Litton Systems Inc.'s Airtron Division, and CFO, Business Unit GM & Member of the Board of Directors at Laser Diode Inc. At both Fairchild and Raytheon RF Components, he was responsible for strategic and tactical management of operations, foundries, and world-class supply chain management.

Mario Rivas, President and CEO of ANADIGICS, Inc., comments, "Russ brings both extensive industry experience as well as a deep understanding of ANADIGICS' products and leading edge technologies. It's always positive to be able to promote from within the company and I am confident that under his leadership we will accelerate the progress we have made to achieving operational excellence."

Wagner achieved his B.S. degree from the University of Dayton and has pursued post graduate work at University of Pennsylvania - Wharton, and the University of Chicago.

For additional information on ANADIGICS visit: [ www.anadigics.com ] or phone: +1.908.668.5000.

About ANADIGICS, Inc.

ANADIGICS, Inc. (NASDAQ: [ ANAD ]) is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. Founded in 1985 and headquartered in Warren, NJ, the company's award-winning products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules. For more information, visit [ www.anadigics.com ].

Safe Harbor Statement

Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe," "anticipate," "expect," or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2008, and those discussed elsewhere herein.

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