SUNNYVALE, Calif., Nov. 9, 2005 – Silicon Image, Inc. (Nasdaq: SIMG), a leader in the secure distribution, presentation and storage of high-definition content, today announced the permanent appointment of industry veteran Robert R. Freeman, 63, to the position of chief financial officer and chief accounting officer. Freeman will be reporting to Silicon Image President and Chief Executive Officer, Steve Tirado, and will be responsible for the company’s finances, accounting, investor relations, and information systems/information technology and facilities activities. Freeman has been serving as the company’s interim CFO since August 2005.
Freeman, a seasoned, operations-oriented, CFO with multi-industry experience, has spent the past 30 years in CFO, senior vice president and treasurer roles for a variety of public and privately held companies. Most recently, Freeman served as a management consultant to Horn Murdock Cole, a national financial and management consulting firm working with public software and semiconductor companies to meet the requirements for compliance with the Sarbanes-Oxley Act. Freeman was senior vice president and CFO for Southwall Technologies, Inc., a global leader in the production of thin film optical coatings for use in the automotive, architectural and computer display markets, where he helped the company return to profitability after two quarters and reported record profits. Earlier, Freeman served as senior vice president and CFO for Rosendin Electric, Inc., the eighth largest electrical contractor in the United States with revenues of $240 million, specializing in design-build work for technology companies.
“We are pleased to have Bob join the Silicon Image management team in this key role,” said Steve Tirado. “In addition to his solid reputation in the financial community, Bob’s comprehensive experience in the areas of external financial reporting, SEC compliance, accounting and control, and taxes, combined with his strong knowledge of Sarbanes-Oxley compliance will be an asset to the company, as we continue to focus on executing our business strategy and strengthening our overall corporate governance practices.”
“Silicon Image has a winning strategy and vision for the secure digital content delivery and has received strong market acceptance of their products and technology standards,” commented Freeman. “I am enthusiastic about joining the company and believe that our strategy makes us well-positioned for future growth and profitability.”
Freeman has a master’s degree from the University of Southern California and a bachelor’s degree from Loyola Marymount University. He was a founding member of the CFO Roundtable in San Diego and past president of the Treasurer’s Club of San Francisco. Freeman is also a member of Financial Executives International.
About Silicon Image, Inc.
Headquartered in Sunnyvale, Calif., Silicon Image, Inc. is a leader in the secure distribution, presentation and storage of high-definition content. Silicon Image creates and drives industry standards for digital content delivery such as DVI, HDMI and SATA, leveraging strategic partnerships with global leaders in consumer electronics and personal computing. Silicon Image offers robust, high-bandwidth semiconductors in the global PC display, consumer electronics and storage arenas based on its innovative digital interconnect technology and has become one of the top ten IP licensing vendors in the world. For more information on Silicon Image, visit www.siliconimage.com.