Exar Announces Addition of Analog Mixed-Signal Product Veteran

FREMONT, Calif., May 20, 2013 /PRNewswire/ -- Exar Corporation (Nasdaq: EXAR) a leading supplier of analog mixed-signal products and data management solutions, today announced that Parviz Ghaffaripour will join the Company as Senior Vice President of Connectivity and Power Management Products reporting to Exar President and CEO, Louis DiNardo.

Mr. DiNardo commented, "Parviz is an outstanding addition to our team. He is a veteran of the analog mixed-signal industry and brings design, marketing, operational and executive management experience to Exar.  His product knowledge and awareness of customer requirements will add depth and strength to our market selection and product definition process while his overall commitment to success will support and enhance the existing Exar culture."

Mr. Ghaffaripour most recently served as CEO of Akros Silicon a privately funded power management company located in Sunnyvale, California.  Prior to Akros, he was Chief Operating Officer at Advanced Analogic Technologies which was acquired by Skyworks.  Mr. Ghaffaripour has held technical and executive management roles at Maxim Integrated Products and National Semiconductor. He earned his B.S.E.E. at the University of California, Berkeley and his M.S.E.E. at Santa Clara University.  Mr. Ghaffaripour began his career at Exar in 1984.

"I am excited to rejoin the company that gave me my start almost thirty years ago, and I am very pleased to join such a seasoned analog mixed-signal team.  The results of the company over the past four quarters demonstrate the Exar teams' commitment to profitable growth derived from providing differentiated products to a diverse set of customers.   Exar is clearly a company that thrives on urgency and focus.  I am looking forward to working with the team to continue building a successful and enduring business," commented Mr. Ghaffaripour.

About Exar
Exar Corporation designs, develops and markets high performance, analog mixed-signal integrated circuits and advanced sub-system solutions for the Networking & Storage, Industrial & Embedded Systems, and Communications Infrastructure markets.  Exar's product portfolio includes power management and connectivity components, communications products, and network security and storage optimization solutions.  Exar has locations worldwide providing real-time customer support. For more information about Exar, visit http://www.exar.com.

SOURCE Exar Corporation

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