DSP Group Appoints Former President of TOMEN Electronics Corp. as President of DSP Group- Japan
Santa Clara, California, February 22, 2000 - DSP Group, Inc . ( NASDAQ : DSPG ) today announced that Mr. Shigayouki Nozawa, former President of TOMEN Electronics Corp. (the distributor of DSP Group in Japan), has joined the company as a Corporate V.P. and President of DSP Group -Japan.
Eli Ayalon, Chairman & CEO of DSP Group stated that, "During his term as President of TOMEN Electronics Corp., Mr. Nozawa played an important role in the success of DSP Group in Japan, including the remarkable growth in order bookings (of over 70 %) in 1999 compared to 1998."
Mr. Ayalon continued, "We expect that Mr. Nozawa's experience and knowledge of the markets in Japan, will create new opportunities for cooperation with other companies, and will reinforce our dominant position in the Japanese markets in both product sales and licensing of DSP Cores. Under Mr. Nozawa's leadership the company will enhance its efforts to continuously improve the support given to our customers and to Tomen Electronics Corp. our distributor in the country."
About DSP Group, Inc.
DSP Group, Inc. is a global leader in the development and marketing of high-performance, cost-effective, licensable digital signal processing cores. The company's family of DSP cores provide ideal solutions for low-power speech and audio processing, wireless communication technologies such as 3G, GSM and CDMA, fast modems, multimedia, advanced telecommunication systems, disk drive controllers and many other types of embedded control applications. By combining its DSP core technologies with its proprietary, advanced speech-processing algorithms – DSP Group also delivers a wide range of enabling, application specific ICs for full-featured integrated telephony products and applications, including digital spread spectrum wireless technologies. DSP Group, Inc. maintains an international presence with offices located around the globe. For more information visit DSP Group's web site at http://www.dspg.com
Additional information is available on the World Wide Web at www.dspg.com. This press release is also available through the company's News on Call fax service, which can be reached at (800) 758-5804, company code 112025.
For more information, please contact Michael Cohen, DSP Group, Santa Clara, CA. (408) 986-4300.
DSP Group, Inc.