Sam S. Srinivasan has been elected to Centillium's board of directors and will serve as the audit committee chairman, effective Jan. 18, 2006

January 19, 2006

2 Min Read

FREMONT, Calif. -- Centillium Communications, Inc. (NASDAQ: CTLM - News), a leading provider of broadband access solutions, today announced that Sam S. Srinivasan has been elected to the company's board of directors and will serve as the audit committee chairman, effective Jan. 18, 2006. He replaces Irwin Federman, who resigned on Jan. 18, 2006.

"Sam is a proven executive with strong financial leadership experience in high-growth companies," said Faraj Aalaei, co-founder and CEO of Centillium. "We look forward to adding his expertise and valuable insight to our board of directors as we continue to grow our business and reach profitability."

Mr. Srinivasan has more than 20 years of experience in the semiconductor and software industries. He is the founder and chairman emeritus of Health Language, Inc., a software company in the healthcare industry. Previously, he served as senior vice president of finance and chief financial officer of Cirrus Logic. He also served as director of internal audit and corporate controller of Intel Corporation. In addition, Mr. Srinivasan held various finance positions at Eaton Corporation, including the director of internal audit. He received his Bachelor of Arts degree in Commerce from Madras University in India and his M.B.A. from Case Western Reserve University.

Mr. Federman has been a member of Centillium's board since 1998 representing U.S. Venture Partners, one of the original VC investors in the company.

"Irwin has made many important contributions to our success. We are very grateful for his involvement with the company over the years, beyond what is typical for most VC investors," said Aalaei. "We have benefited greatly from his wisdom and perspective, and we wish him continued success."

"I have enjoyed working with Centillium's talented management team and with the company's other directors," said Federman. "I am pleased with Centillium's progress and I wish the company great success in its future endeavors."

Centillium Communications Inc.

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