ARC International plc (LSE: ARK) the world leader in configurable CPU/DSP
processor cores and application subsystems, today announced that Monica Johnson,
ARC's chief financial officer, has decided for family reasons to leave the
company and work on a part time basis outside the industry. Her last day will be
Friday, October 28, 2005. Manu Kalia, currently the company's director of
finance, will serve as interim CFO until a permanent replacement is announced.
Carl Schlachte, ARC's president and CEO, said, "Monica has been a valuable
member of my staff and has successfully overseen our financial review in
restructuring the company over the past two years. I'd like to thank her for her
contribution and we wish her well in her future endeavours."
About ARC International plc
ARC International is the world leader in low-power, high-performance 32-bit
configurable CPU/DSP processor cores, subsystems, real-time operating systems
and development tools for embedded system design. ARC's patented configurable
CPU technology assists customers in the development of next generation digital
media, consumer and communications devices, resulting in lower cost, higher
performance SoC products.
ARC International maintains a worldwide presence with corporate offices in San
Jose, California, USA and Elstree, UK. The company has research and development
offices located in England and the United States. For more information please
visit the ARC website at www.arc.com. ARC International is listed on the London
Stock Exchange as ARC International plc (LSE: ARK).
ARC and the ARC logo are trademarks or registered trademarks of ARC
International. All other brands or product names contained herein are the
property of their respective owners. This press release may contain certain
"forward-looking statements" that involve risks and uncertainties. For factors
that could cause actual results to differ, visit the company's website as well
as the listing particulars filed with the United Kingdom Listing Authority and
the Registrar of Companies in England and Wales.
Media Contact:
Lee Garvin Flanagin Tim Lynch
ARC International, plc Tulchan Communications
+1 408 437 3433 +44 20 7427 1557
lee.flanagin@arc.com tlynch@tulchangroup.com
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