updated 5/17/2011 10:16:15 AM ET 2011-05-17T14:16:15

NEW YORK, May 17, 2011 (GLOBE NEWSWIRE) -- Veteran business journalist Jill Bennett joins Rick Clemmer, Executive Director, President and CEO, NXP Semiconductors N.V. [NXPI] to discuss the company's industry, High Performance Mixed Signal strategy, financials, positioning and recent GreenChip smart lighting solution opening up an entirely new dimension in energy efficient lighting.

For more information please view the links below:

GreenChip – Smarter Power and Lighting Solutions

Intelligent Lighting Video - NXP and GreenWave Reality

Click here to view video:


Rick Clemmer

NXP Semiconductors N.V. [NXPI]

Executive Director, President and CEO

Mr. Clemmer became executive director, president and chief executive officer on January 1, 2009.

Prior to that, from December 2007, Mr. Clemmer was a member of the supervisory board of NXP B.V. and a senior advisor of Kohlberg Kravis Roberts & Co. Prior to joining NXP, he drove the turnaround and re-emergence of Agere Systems Inc., a spin-out from Lucent Technologies Inc. and a leader in semiconductors for storage, wireless data, and public and enterprise networks.

Previously Mr. Clemmer held a five-year tenure at Quantum Corporation where he was executive vice president and chief financial officer. Prior to that, Mr. Clemmer worked for Texas Instruments Incorporated as senior vice president and semiconductor group chief financial officer.

Mr. Clemmer also serves on the boards of NCR Corporation and Trident Microsystems, Inc.

NXP Semiconductors N.V. [NXPI]:

NXP Semiconductors N.V. (Nasdaq:NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.4 billion in 2010. Additional information can be found by visiting www.nxp.com

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