NEC Electronics announces merger

February 2, 2006 Santa Clara, CA -- NEC Electronics Corp. has announced that it will merge its wholly-owned subsidiary, NEC Compound Semiconductor Devices, Ltd., back into the parent company, effective April 1, 2006. NEC Compound Semiconductor Devices designs and manufactures RF and wireless semiconductors, components for fiber-optic communications, optocouplers, and solid state relays.

February 2, 2006 Santa Clara, CA -- NEC Electronics Corp. has announced that it will merge its wholly-owned subsidiary, NEC Compound Semiconductor Devices, Ltd., back into the parent company, effective April 1, 2006. NEC Compound Semiconductor Devices designs and manufactures RF and wireless semiconductors, components for fiber-optic communications, optocouplers, and solid state relays.

According to a press release, in the U.S. and throughout the western hemisphere, California Eastern Laboratories (CEL) will be NEC's exclusive sales and marketing partner for the products manufactured by NEC Compound Semiconductor Devices. CEL maintains an extensive inventory, provides engineering and applications support, and participates in the design of the NEC Compound Semiconductor Devices' products, specifically targeting domestic markets. CEL has sales offices throughout North America, plus a network of independent representatives and distributors.

CEL says the merger will not affect the level of service and support it provides for its products. The company says it will strive to ensure that the changes at NEC are completely transparent to CEL customers.

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