Design & Reuse

Altera CFO to Resign

SAN JOSE, Calif.--Jun. 11, 2009-- Altera Corporation (NASDAQ: ALTR) today announced that Timothy R. Morse, senior vice president and chief financial officer, will resign effective June 12 to pursue another opportunity.

A search for a replacement is underway.

James W. Callas, vice-president finance and corporate controller, will serve as acting chief financial officer.

As previously scheduled, Altera will announce its second quarter results on July 14, after the market close.

About Altera

Altera programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more about Altera’s FPGA, CPLD and ASIC devices at www.altera.com.