Credo Semiconductor Appoints Jeff Twombly as Vice President of Sales and Business Development

Veteran Executive Tapped to Accelerate Growth of High-Speed SerDes Provider

HONG KONG, CHINA and MILPITAS, CA-- September 9, 2014 -- Credo Semiconductor, a global innovation leader in Serializer-Deserializer (SerDes) technology, today announced the appointment of Jeff Twombly as vice president of sales and business development. Jeff brings to Credo over 25 years of experience in marketing, positioning, and selling complex, system-level semiconductor solutions to networking, telecommunications and computing OEMs.

"With strong reception of our high-speed SerDes IP at both 28 nanometer (nm) and 16 nm, Credo is expanding its executive team to ensure we deliver the service and support that customers require," said Bill Brennan, chief executive officer of Credo Semiconductor. "Jeff's extensive knowledge in marketing and selling complex, high-value based solutions to our key markets makes him the ideal candidate for formalizing and executing a successful customer engagement strategy."

Credo Semiconductor was founded in 2008 to design and deliver high-speed SerDes IP and ASIC solutions for next-generation networking equipment. The company is the first to break through the 56GHz NRZ speed barrier using CMOS technology, which is significant as it enables high performance, low power connectivity and data throughput in key infrastructure equipment and cabling solutions.

"Credo is well positioned to accelerate the adoption of high-performance connectivity technology that will enable next-generation networking and data center equipment," said Twombly. "In addition, the company has a strong, customer-focused approach, which has already resulted in solid interest from top-tier OEMs. I look forward to working with this highly talented and motivated team in achieving our business goals."

Prior to joining Credo, Jeff held key senior executive positions at Frequentz, Parallocity, SiNett, and Cavium Networks. During his tenure, he gained extensive experience in building out worldwide sales and support teams, and managed revenue growth in excess of $250 million. His demonstrated strengths in leading edge technology evangelization, business development, sales and support will help in securing strategic partnerships and customer engagements to accelerate revenue growth at Credo.

About Credo Semiconductor
Credo Semiconductor is a provider of high-performance, mixed-signal IP and integrated circuits targeting the data center and enterprise networking markets. The company's SerDes technologies enable optimized solutions for leading-edge speed, power, and equalization requirements. For more information: www.credosemi.com.