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CATALYST SEMICONDUCTOR APPOINTS SPECTRUM AS UNITED KINGDOM and IRELAND SALES REPRESENTATIVE




Sunnyvale, Calif. (PRWEB) April 17, 2002

Catalyst Semiconductor (Nasdaq: CATS) today announced it has appointed Spectrum UK to its sales team of Northern European Independent Manufacturer Sales




representatives. Spectrum UK will represent Catalyst’s programmable products, including

Flash Memories, Serial and Parallel EEPROMs, NVRAM, Digitally Programmable Potentiometers (DPP(TM)), and Microcontroller Supervisory circuits in the United Kingdom and Ireland.

“Spectrum UK is well known and respected in major Computer, Data Communication and Telecommunication manufacturers”, said Catalyst Vice President of Northern European Sales

ave Lathan. “As Catalyst Semiconductor expands its SPI bus-compatible EEPROM memory products and focuses on Digitally Programmable Potentiometers, Spectrum’s established presence in the area and close ties with our distribution partners, 2001 Electronics, Insight-Memec and Future, will expand our market share.”

“We are very pleased to have Catalyst Semiconductor as part of our offering”, said

Nigel Watts, Spectrum Managing Director of Northern Europe. “Catalyst Semiconductor’s

growing market share in the serial EEPROM market is testament to their emphasis on quality,

delivery and customer service. The new mixed-signal Digitally Programmable Potentiometer

products and high speed SPI memory products are expected to find wide application in our

markets. We look forward to serving existing customers and developing new business activity

in the region.”

About Catalyst Semiconductor

Founded in 1985, Catalyst Semiconductor, Inc. is headquartered in Sunnyvale, California.

The Company designs and markets a broad range of programmable products including Flash

Memories, Serial and Parallel EEPROMs with I2C, SPI and Microwire interfaces, NVRAM,

Digitally Programmable Potentiometers (DPP(TM)), Microcontroller Supervisory circuits

and other programmable Mixed Signal products. Catalyst products are used in telecommunications,

networking systems, computation, automotive, industrial and consumer markets. Typical

applications include optical networks, modems, wireless LANs, network cards, PC BIOS,

DIMM modules, cellular telephones, digital satellite box receivers, set-top boxes and

Internet routers. Catalyst’s Quality Management System is ISO 9001 certified. For additional

information about Catalyst Semiconductor, please visit our web site

at http://www.catalyst-semiconductor.com.

About Spectrum UK

Founded in December 1994, Spectrum UK is an independent sales and marketing organization,

with the specific purpose to provide market and demand creation services for leading

semiconductor manufacturers. During the seven years of it’s existence Spectrum UK has

evolved and now represents such leading semiconductor firms as Analog Devices, Cypress

Semiconductor, Halo Electronics, Microsemi Corporation, Marvell Technologies and SanDisk Corporation.

The nationwide wide sales force, totaling eleven, works intimately with their customers

to achieve “design wins”. The sales force is complimented by an internal sales operation,

product management team and field applications support. Spectrum UK is a true extension

of the manufacturer’s sales and marketing team. The relationship with distribution

partners is key to the overall success of the business. Spectrum UK is heavily involved

with major distribution groups throughout the UK and Ireland.

In parallel, the Spectrum group is now active in five European countries, namely,

Belgium, France, Holland, Ireland and the UK. Strategies and plans are in place to

further increase the coverage of European countries.

For additional information about Spectrum

UK contact:

Nigel Watts

Managing Director, Northern Europe

Spectrum UK

5 Willows Gate, Stoke Lyne Road

Stratton Audley, Bicester

Oxfordshire OX27 9BU

United Kingdom

Phone: 44 (0) 1869 276 100

Fax: 44 (0) 1869 277 800

Email: [email protected]

http://www.spectrumuk.com

Except for those statements that report the Company’s historical results, the statements

being made are forward-looking statements. Actual results could differ materially from

those projected in the forward-looking statements. Factors which could cause actual

results to differ from expectations include the following: economic conditions in

the market generally and in the semiconductor industry specifically, volatility in

supply and demand affecting revenues and market prices, price and availability of

silicon foundry, assembly and test subcontract capacity required to meet financial

targets and/or meet backlog requirements, risks and delays associated with bringing

up new production capabilities with deliveries from subcontractors, timing and market

acceptance of new products, increased expenses associated with new product

introductions or process changes, delays in developing or achieving volume production

of new products, which can result in delays or failure to contribute to revenues and

profits, ability of the Company to maintain its customer and vendor base and delays

in and/or inability in raising additional capital. Additional information concerning

factors that could cause actual results to differ materially from those in the

forward-looking statements is contained under the heading “Certain Factors That

May Affect the Company’s Future Results of Operations” listed from time to time

in Catalyst’s SEC reports including but not limited to the report on Form 10-K

for the year ended April 30, 2001 and Form 10-Q for the quarters ended

July 31, 2001, and October 31, 2001.

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