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Thomas Gay Resigns as CFO at Catalyst Semiconductor

Photonics.com
May 2007
Catalyst Semiconductor Inc., a Santa Clara, Calif.-based developer of analog, mixed-signal and nonvolatile memory semiconductors, said yesterday that Thomas E. Gay III, vice president of finance and administration and chief financial officer, is leaving the company, effective May 31. Catalyst President and CEO Gelu Voicu said in a statement that the search for Gay's successor is underway and that Gay will assist in the transition and in completing the audit for fiscal 2007, which ended April 30. The company is scheduled to report fourth-quarter results on June 7.


GLOSSARY
analog
A physical variable that is proportionally similar to another variable over a specified range. An analog recording contains data that is similar to the source.
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
transition
The process whereby a quantum mechanical system alters from one energy level to another. During this process, energy is emitted or absorbed, and it usually takes the form of photons, phonons, or kinetic energy of particles. Transitions concerned with photons alone are called direct radiative transitions, whereas those having a combination of a photon and a phonon are called indirect.
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