SANTA CLARA, Calif. -- ChipX, the Structured ASIC leader, today announced that it has appointed Ophir Nadir as Vice President of Engineering and R&D. Nadir brings a wealth of experience to the role, and will help ensure that ChipX continues to deliver structured ASICs that have a high gate density and are much lower cost when compared to other Structured ASICs and programmable devices.

Nadir has nearly 14 years of experience in the ASIC and standard cell industry and now leads ChipX's R&D center in Haifa, Israel and its Design Services group in Santa Clara, CA. Prior to joining ChipX, Nadir served as the Switching Product Design Director for Marvell Inc, one of the leading global semiconductor providers of complete broadband communications and storage solutions. Nadir has also held engineering and managerial positions at Galileo Technologies, QUALCOMM and IBM.

He comments: "ChipX serves customers throughout the electronics industry, including those in the networking and telecommunications, consumer, and PC peripheral markets. Our mission is to provide a complete ASIC time-to-market solution featuring flexible production and a smooth migration from prototyping to cost-competitive, high-volume production. We will continue to develop leading performance, low NRE and fast turnaround time Structured ASICs, providing customers with a real alternative to slow and large FPGAs or high risk ASIC solutions."

Nadir holds a BSc. in Electrical Engineering (cum laude) from the Technion, Israel Institute of Technology, and an MBA from the Recanati Business school at the Tel Aviv University.

About ChipX

ChipX, formerly known as Chip Express, is a leading manufacturer of late-stage programmable application-specific integrated circuits, or Structured ASICs. The company's innovative, patented technology consolidates wafer production tooling, reduces time-to-market and minimizes the total cost to profit. ChipX Structured ASIC technology is widely used in consumer equipment, computing peripherals, communication systems, industrial control, medical equipment, instrumentation and military/aerospace systems.

Headquartered in Santa Clara, CA, ChipX is a privately held corporation, founded in the U.S. in 1989. A subsidiary, ChipX (Israel) Ltd., performs Research & Development. Investors include Elron Electronic Industries, Ltd. (Nasdaq:ELRN), VantagePoint Venture Partners, Wasserstein Venture Capital, Newlight Associates, Parker Price Venture Capital, UMC, Needham Capital Partners and Insite Capital.