New President and Chief Operating Officer for Fairchild

I believe Vijay has the experience and vision to help us build Fairchild into a truly great technology company, said Mark Thompson, Fairchild's chairman and CEO. We have significantly grown our mobile, industrial, appliance and automotive businesses during the last five years as we transition the company to higher value, faster growing markets. Vijay brings to Fairchild a unique set of skills in technology development, product line and operations management plus a track record of success in driving growth through product leadership. I am confident that Vijay's leadership will accelerate Fairchild's progress.

Ullal has 30 years of experience in the semiconductor industry including engineering and operations leadership positions at Intel Corporation, Saratoga Semiconductor and most recently, Maxim Integrated Products. During his 22 years at Maxim, Ullal helped to build the business into to one of the most successful analog semiconductor companies in the industry. Ullal spent the last five years as Group President, Consumer Solutions Division driving strong sales growth in their mobile, consumer and automotive businesses.

I am thrilled to have this opportunity to help lead Fairchild, said Ullal. Fairchild has a great culture, unique set of technologies and the necessary scale to be a leader in the industry. I also strongly believe that Fairchild is on the brink of a significant acceleration of momentum. I look forward to helping build Fairchild into a next generation semiconductor company that is bold, progressive and recognized by employees, customers and shareholders as the best.