eASIC Board Adds Cisco SVP

SANTA CLARA, Calif. -- eASIC Corporation, a provider of NEW ASIC devices, today announced that Pankaj Patel, Cisco Senior Vice President of Engineering has joined eASIC's Board of Directors.

"I am very excited to join eASIC's Board of Directors. eASIC has a proven, disruptive technology that adds significant value to their customers by displacing power hungry and costly FPGAs or lowering the development cost of traditional ASICs," said Pankaj Patel. "At a point when many companies in high growth markets are implementing cost reduction strategies to improve gross margins and competitiveness, eASIC is ideally positioned to have a dramatic impact in the custom logic arena."

"We are very excited to have Pankaj join our Board of Directors," said Ronnie Vasishta, President and CEO of eASIC. "As a seasoned senior executive, Pankaj brings a unique and valuable engineering, and business management expertise gained at a combination of highly successful small, medium and large enterprises. His experience in growing and scaling businesses will be immensely valuable to eASIC, as we expand our market footprint and continue our aggressive revenue ramp primarily from tier one wired, wireless and storage infrastructure customers."

eASIC