-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IgifxB6J4UgO+cO9bSij6sYVeKLEEEwYWdYDi3mAfADVU4R1UWOmEt5hvhHX0dyx 8Qzrp7zZ4BhR5wX/zzXfww== 0001157523-04-010895.txt : 20041118 0001157523-04-010895.hdr.sgml : 20041118 20041118060036 ACCESSION NUMBER: 0001157523-04-010895 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041118 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041118 DATE AS OF CHANGE: 20041118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLX TECHNOLOGY INC CENTRAL INDEX KEY: 0000850579 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943008334 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25699 FILM NUMBER: 041153601 BUSINESS ADDRESS: STREET 1: 870 MAUDE AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 4087749060 MAIL ADDRESS: STREET 1: 870 MAUDE AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94085 8-K 1 a4769333.txt PLX TECHNOLOGY UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 18, 2004 (November 17, 2004) PLX TECHNOLOGY, INC. -------------------- (Exact Name of Registrant as Specified in its Charter) DELAWARE -------- (State or Other Jurisdiction of Incorporation) 000-25699 94-3008334 ----------------------- -------------- (Commission File Number) (I.R.S. Employer Identification No.) 870 Maude Avenue, Sunnyvale, California 94085 -------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (408) 774-9060 -------------- Registrant's telephone number, including area code) Not Applicable ------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 5.02. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS. On November 17, 2004, PLX Technology Inc., a Delaware corporation (the "Company"), issued a press release announcing that Timothy Draper had resigned from the Company's Board of Directors and Audit Committee, effective November 16, 2004. Mr. Draper's resignation from the Company's Board of Directors and Audit Committee did not involve any disagreement with the Company. The press release further announced that, effective November 16, 2004, Thomas Riordan and Patrick Verderico had been elected by the Company's Board of Directors to serve as Directors of the Company. It is expected that Mr. Verderico will serve on the Company's Audit Committee. The press release issued on November 17, 2004 by the Company is attached hereto as Exhibit 99.1 and incorporated herein by reference. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. The following exhibit is being filed with this Current Report on Form 8-K: Exhibit Number Description - -------------- ------------ 99.1 Press Release, dated as of November 17, 2004, announcing the resignation of Timothy Draper as P Director of the Company and the election by the Company's Board of Directors of Thomas aiordan and Patrick Verderico as Directors of the Company, effective immediately. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PLX TECHNOLOGY, INC. (the Registrant) By: /s/ RAFAEL TORRES --------------------- Rafael Torres Vice President, Finance, Chief Financial Officer and Secretary Dated: November 18, 2004 3 EXHIBIT INDEX Exhibit Number Description - -------- ----------- 99.1 Press Release, dated November 17, 2004, announcing the resignation of Timothy Draper as a Director of the Company and the election by the Company's Board of Directors of Thomas Riordan and Patrick Verderico as Directors of the Company, effective immediately. 4 Exhibit 99.1 PRESS RELEASE WAS ISSUED VIA BUSINESS WIRE 5:00 A.M. (PACIFIC), NOV. 17, 2004. 5 EX-99.1 2 a4769333ex991.txt PRESS RELEASE Exhibit 99.1 Two Semiconductor Veterans Join PLX Technology Board of Directors SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 17, 2004--PLX Technology, Inc. (NASDAQ:PLXT), the leading supplier of standard I/O interconnect silicon to the communications, server, storage, embedded-control, and consumer industries, today announced that Thomas Riordan and Patrick Verderico have joined the PLX(R) board of directors, and that Tim Draper has resigned from the board, effective immediately. Mr. Riordan is one of the pioneers of the original MIPS-processor architecture and has more than 17 years of experience in the microprocessor industry. He is currently vice president of architecture at PMC-Sierra (NASDAQ:PMCS). Prior to joining PMC-Sierra, Mr. Riordan was cofounder, chief executive officer and president of Quantum Effect Devices, a leading supplier of MIPS-architecture microprocessors. "Tom is a great addition to the board because he has a deep understanding of interconnect technology trends in our target markets," said Michael Salameh, president of PLX Technology. "This, along with his semiconductor and general management experience, will help us enhance the strategy and performance of PLX." Mr. Verderico has worked in the high technology industry for more than 25 years, including serving as chief financial officer of Cypress Semiconductor (NYSE:CY), chief financial officer of Creative Technology (NASDAQ:CREAF), chief operating officer of Maxtor (NYSE:MXO), vice president of Assembly Operations of Philips Semiconductors (NYSE:PHG), partner of PricewaterhouseCoopers, and corporate controller of National Semiconductor (NYSE:NSM). "Patrick's unique blend of financial, manufacturing, operations and international management are a welcome addition to our board as we expand PLX's scope," said Salameh. The Company also announced that Timothy Draper, a director since 1986, has resigned from the board, due to time conflicts. "Tim was one of the original investors in PLX and has been an enthusiastic supporter of PLX since the beginning," said Salameh. "He helped guide us through our major milestones, including seed investment, venture financing and the initial public offering. Mssrs. Riordan and Verderico join PLX Technology board members Salameh, D. James Guzy, John Hart, Robert Smith, and Wei-Ti Liu. About PLX PLX Technology, Inc. (www.plxtech.com), based in Sunnyvale, Calif., USA, is the leading supplier of standard I/O interconnect silicon to the communications, server, storage, embedded-control, and consumer industries. The PLX solution provides a competitive edge to customers through an integrated combination of high-performance silicon, hardware and software design tools. These innovative solutions enable customers to develop products with industry-leading performance and functionality. Furthermore, the combination of PLX product features, supporting development tools and partnerships allows customers to bring their designs to market faster. PLX PCI and USB interconnect chips are designed into a wide variety of communications, server, storage, embedded-control and consumer products. PLX Technology and the PLX Technology logo are registered trademarks of PLX Technology, Inc. CONTACT: PLX Technology, Inc. Rafael Torres, 408-774-9060 rtorres@plxtech.com or CommonGround Communications (for PLX) Jerry Steach, 415-222-9996 jsteach@plxtech.com -----END PRIVACY-ENHANCED MESSAGE-----