QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 6, 2019, the Board of Directors of QuickLogic Corporation (the “Company”) appointed Michael R. Farese, PhD, current lead independent director, as the Chairman of the Board of Directors, effective December 6, 2019 to place E. Thomas Hart, who passed away on December 3, 2019. On December 12, 2019, the Company issued a press release announcing this appointment, which is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Dr. Farese has been serving as a member of the Company’s Board of Directors since April 8, 2008, most recently as the lead independent director, and brings to the position a deep understanding of consumer products, converged devices and wireless markets. His business acumen and strong technical and strategic planning skills bring an invaluable perspective to the Board.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

QUICKLOGIC Corp Exhibit
EX-99.1 2 quik-ex991_14.htm EX-99.1 PRESS RELEASE DATED DECEMBER 12,…
To view the full exhibit click here

About QuickLogic Corporation (NASDAQ:QUIK)

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). The Company is a fabless semiconductor provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs). The Company’s solutions integrate multi-core processing, programmable logic, sensor fusion and context aware algorithms, and embedded software. The Company’s solutions are created from its new silicon platforms, including EOS, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products, its mature products, which are produced on semiconductor processes over 180 nanometers, primarily include its pASIC 3 and QuickRAM, as well as royalty revenue, programming hardware and design software. Its sensor algorithm software includes SenseMe software library.