2007'03.30.Fri
ANADIGICS' President and Chief Executive Officer Inducted into New Jersey High-Tech Hall of Fame
March 23, 2007
WARREN, N.J., March 23 /Xinhua-PRNewswire/ -- ANADIGICS, Inc. (Nasdaq: ANAD), a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets, announced that Dr. Bami Bastani, President and Chief Executive Officer of ANADIGICS, Inc., has been inducted to the New Jersey High-Tech Hall of Fame. The hall of fame was created in 1999 to highlight the achievements of local government and business leaders who, through their accomplishments, have made New Jersey one of the country's leading high-tech states. The announcement was made at a special ceremony sponsored by the AEA (American Electronics Association) and the Biotechnology Council of New Jersey on Thursday March 22 at Crystal Plaza in Livingston, NJ. Dr. Bastani is one of three people in the Outstanding Business Leaders category inducted into New Jersey's High-Tech Hall of Fame for 2007. The group of business leaders, researchers, educators and government officials were selected for this honor by the industry itself through balloting coordinated by the AeA, BCNJ and HINJ. The AeA nominated Dr. Bastani for this award based on his contributions to the high technology community in New Jersey. "Receiving this award is a great honor," commented Dr. Bastani, "and it is evidence of the tremendous hard work and dedication of everyone at ANADIGICS. ANADIGICS' achievements in wireless and wireline RF broadband technology and product development put us at the center of the voice, video and data triple play. We are pleased to contribute to New Jersey's position as one of the premier high-tech states in the nation. This award is a gratifying recognition for all of our efforts and innovations." Bami Bastani is President and Chief Executive Officer of ANADIGICS, Inc. He is a member of the Glowpoint Board of Directors, a member of the Board at Nitronex and serves on the Dean's Advisory Council for the College of Engineering at the University of Arkansas. Dr. Bastani has written over a dozen publications on semiconductor devices, and holds three US patents in semiconductor technology. For more information on ANADIGICS, visit the Company's Web site at http://www.anadigics.com . About ANADIGICS, Inc. ANADIGICS, Inc. (Nasdaq: ANAD) is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. The Company's products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules. Safe Harbor Statement Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the U.S. Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2006. For more information, contact: Press Contact Chuck Manners Godfrey Tel: +1-717-393-3831 Fax: +1-717-393-1403 Email: chuck@godfrey.com Corporate Contact Jennifer Palella ANADIGICS, Inc. Tel: +1-908-668-5000 Fax: +1-908-412-5978 Email: jpalella@anadigics.com Investor Relations Thomas Shields Tel: +1-908-412-5995 Email: tshields@anadigics.com
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