Spansion Appoints SL Chan as Vice President for Sales and Field Marketing, Asia

SUNNYVALE, Calif., March 17 /PRNewswire-FirstCall/ -- Spansion Inc. today announced the appointment of SL Chan to vice president for Sales and Field Marketing, Asia. Chan will be responsible for sales and marketing in the region and serve as a liaison with strategic customers, government officials and ecosystem partners. With more than 25 years of semiconductor expertise working with top OEM customers in Asia, Chan further strengthens Spansion's global leadership team and is expected to significantly contribute to the company's new business model in the region.

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"Asia is a very strategic region for Spansion in the fast growing embedded electronics markets," said John Kispert, president and CEO of Spansion. "With the addition of SL Chan, we have strengthened our team with a veteran sales and marketing executive who will be a key asset for the company's new business strategy, focused on delivering more value to embedded and targeted wireless applications."

Chan brings more than two decades of sales and marketing experience in the non-volatile memory field to Spansion. Most recently, he was the director of the Memory Product Group at STMicroelectronics, covering both the Asia Pacific and Greater China regions, where he spent the past 18 years spearheading the marketing of STMicroelectronics Flash memory in a broad range of electronics segments since its first inception in the early 1990s. An electronic engineer by training, Chan also holds a bachelors of science degree from the University of London and a master's of science degree in Marketing from the National University of Ireland.

"Asia is in the midst of an electronics revolution that is driving a new wave of growth in Flash memory," said Chan. "I look forward to building off Spansion's strong momentum in Asia, working with customers and partners to collaborate on new innovations using our MirrorBit® technology to meet this growing demand."

Spansion is one of the leading Flash memory solution providers, working with the top consumer electronics OEMs and wireless handset manufacturers in Asia. Spansion has over 1,750 employees in Asia, with final manufacturing locations in Malaysia and Thailand, as well as sales and marketing offices in China, Japan, Korea, Singapore, and Taiwan. Chan will be based out of Spansion's Shanghai sales office.

About Spansion

Spansion (Pink Sheets: SPSNQ) is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in automotive, consumer electronics, networking and wireless applications. Spansion is focused exclusively on designing, developing, manufacturing, marketing, selling and licensing Flash memory solutions. For more information, visit http://www.spansion.com.

Spansion®, the Spansion logo, MirrorBit®, MirrorBit® Eclipse™, ORNAND™, EcoRAM™ and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

Cautionary Statement

This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those statements. The risks and uncertainties include the company's ability to: effectively execute on its business model and strategy in Asia, meet customer demand in Asia and increase its Flash memory market share and revenues.  The company urges investors to review in detail the risks and uncertainties discussed in the company's Securities and Exchange Commission filings, including but not limited to the company's most recent Annual Report on Form 10-K. Unless otherwise required by applicable laws, the company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Spansion Inc.