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Wed, May 26, 2010

Economic Boost for Florida's Space Coast Expected With Intersil Donation of $13M Building to University of Central Florida


Published on 2010-05-26 10:30:28 - Market Wire
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MILPITAS, CA--(Marketwire - May 26, 2010) -

What: Intersil (NASDAQ: [ ISIL ]) will officially turn over its $13 million semiconductor fabrication facility (Fab) to the University of Central Florida. Dave Bell, CEO of Intersil, and John Hitt, president of UCF, will share how their collaboration can revitalize Florida's Space Coast and help keep the U.S. competitive in technology innovation.

UCF is planning to use the donation to expand its presence in Brevard County as a center for innovation and education. The building will be used for a variety of purposes centered on training, research, particularly in sustainable energy, business development and education.

Following the ceremony, Intersil will give tours of its other Fab in Palm Bay to demonstrate the process used to create the integrated circuits that go into aerospace and industrial products.

Intersil has been on virtually every satellite and shuttle mission over the last 40 years. Its products have helped ensure the nations security through monitoring, defensive and offensive capabilities.

Who:Dave Bell, CEO of Intersil
Dr. John Hitt, President of the University of Central Florida
When:Tuesday, June 1, 2010
Ceremony at 10 a.m.; Fab tours at approximately 11:00 a.m.
Where:Ceremony & Tours: 1650 Robert J. Conlan Boulevard, Palm Bay, FL

About Intersil
[ Intersil Corporation ] is a leader in the design and manufacture of high-performance analog and mixed signal semiconductors. The Company's products address some of the industry's fastest growing markets, such as flat panel displays, cell phones, other handheld systems, and notebooks. Intersil's product families address power management functions and analog signal processing functions including integrated circuits for [ battery management ], hot-plug controllers, linear regulators, power sequencers, supervisory ICs, bridge drivers, [ PWM controllers ], switching DC/DC regulators, Zilker Labs Digital Power ICs and power MOSFET drivers, optical storage laser diode drivers, DSL line drivers, [ D2Audio ] products, [ video ] and high-performance [ operational amplifiers ], [ high-speed data converters ], interface Ics, [ analog switches ] and multiplexers, crosspoint switches, voice-over-IP devices, and [ military ], space and radiation-hardened applications.

UCF Stands for Opportunity: The University of Central Florida is a metropolitan research university that ranks as the third largest in the nation with more than 53,500 students. UCF's first classes were offered in 1968. The university offers impressive academic and research environments that power the region's economic development. UCF's culture of opportunity is driven by our diversity, Orlando environment, history of entrepreneurship and our youth, relevance and energy. For more information, visit [ http://news.ucf.edu ].

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