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John McGrath Joins Actel Board of Directors Network Equipment Technologies’ CFO to Serve as Actel Audit Committee Financial Expert

SOURCE:

Actel Corporation

2008-04-07 14:07:00

John McGrath Joins Actel Board of Directors

Network Equipment Technologies’ CFO to Serve as Actel Audit Committee Financial Expert

MOUNTAIN VIEW, CA–( EMWNews – April 7, 2008) – Actel Corporation (NASDAQ: ACTL) today

announced the appointment of John McGrath to its Board of Directors.

Bringing to Actel more than 20 years of experience working with high-growth

technology companies, Mr. McGrath has been Vice President and CFO of

Network Equipment Technologies (NYSE: NWK) since 2001. At NET, he is

directly responsible for global finance, human resources, investor

relations, and corporate services.

“In addition to the breadth of his experience in preparing, auditing, and

analyzing financial statements, the depth of John’s understanding regarding

generally accepted accounting principles, internal controls over financial

reporting, and Audit Committee functions makes him eminently qualified to

serve as our Audit Committee Financial Expert,” said John East, President

and CEO of Actel. “John is a wonderful addition to our Board of Directors,

which expects that he will play an important role in our success.”

“I look forward to helping Actel strengthen its position as the leading

provider of ultra low-power FPGAs and power-efficient programmable system

chips for power and system management,” said Mr. McGrath.

Before joining NET, Mr. McGrath was Vice President, Finance at Aspect

Communications and Director of Finance at TCSI Corporation. He also serves

on the Board of Directors and as the Audit Committee Financial Expert of

Endwave Corporation (NASDAQ: ENWV) and on the Board of Trustees and as the

Audit Committee Chairman of KCO Investments’ Presidio Funds (PRSDX), a

public mutual fund. Mr. McGrath holds a Bachelor of Science degree in

Accounting from the University of Wyoming and a Master of Business

Administration degree, with emphasis in finance and international business,

from the Stanford Graduate School of Business. Before entering the M.B.A.

program at Stanford, he was as an Audit Manager in Ernst & Young’s

High-Technology/Manufacturing Group.

About Actel

Attacking power consumption from both the chip and the system levels, Actel

Corporation’s innovative FPGAs and programmable system chip solutions

enable power-efficient design. The Company trades on the NASDAQ National

Market under the symbol ACTL and is headquartered at 2061 Stierlin Court,

Mountain View, Calif., 94043-4655. For more information about Actel, visit

http://www.actel.com. Telephone: 888-99-ACTEL (992-2835).

Editor’s Note: The Actel name and logo are registered trademarks of Actel

Corporation. All other trademarks and servicemarks are the property of

their respective owners.

Investor Contact:
Jon Anderson
(650)318-4445

http://www.actel.com

Media Contact:
Stephanie Mrus
(650)318-4614

http://www.actel.com

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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