SOURCE: Intersil

May 31, 2007 11:22 ET

Intersil Named One of the Top 100 Employers in Electronic Design

MILPITAS, CA--(Marketwire - May 31, 2007) - Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high-performance analog semiconductors, has been named one of the Top 100 Electronic Design Companies to Work For by Electronic Design magazine.

The magazine chose several key criteria to select the U.S. technology and semiconductor industry leaders in providing positive employment opportunities for electronic designers. The study that led to the selection of the top 100 public companies measured many key elements.

The 10 categories were:

--  Employee growth percentage (2006 vs. 2005)
--  Sales growth percentage (2006 vs. 2005)
--  Operating profit growth percentage (2006 vs. 2005)
--  Operating profit margin improvement (2006 vs. 2005)
--  Long-term debt to stockholders equity ratio improvement (2006 vs.
    2005)
--  2006 total number of patents issued
--  2006 stock price closing as a percentage of 2006 stock price high
--  Research-and-development expense change percentage (2006 vs. 2005)
--  Design influence on semiconductor spending (dollars)
--  Design influence on semiconductor spending percentage increase
    
Electronic Design indicated that these categories provided a balance of information regarding financials, human resources, technology, stock market perception and engineering. Bonus points were also awarded based upon employee responses to questions on a 2006 Reader Profile related to job satisfaction, tenure with the company, number of promotions and advancement potential.

Electronic Design limited its search to U.S. technology firms because several key measuring criteria could only be tracked using data required by Securities and Exchange Commission (SEC) corporate filings.

"Nonetheless, the Top 100 Employers continue to lead the way based on their established brands and sales channels, patent and IP portfolios, and substantial [research-and-development] budgets," wrote Electronic Design writer Mark David.

Intersil was ranked 48th in the Top 100.

"Intersil has made being an employer-of-choice a key on-going goal," said Intersil Vice President of Human Resources Vern Kelley. "We think our commitments to customers, employees, innovation and financial success are all revealed in the results of this report."

Kelley pointed to several factors that have driven Intersil's rise in popularity among technology-oriented job seekers.

"Intersil has invested millions of dollars in renovating our facilities at our corporate headquarters and design facility in Milpitas, California, our main manufacturing facility in Palm Bay, Florida and our design centers in various locations such as Dallas, Texas and Irvine, California," he said.

In addition to highlighting an established advancement program for engineers (Intersil's Technical Dual Ladder Program), Kelley also pointed out that 38% of new employees are hired through Intersil's Employee Referral Program.

"This shows that our employees see the positives of working at Intersil to the point that they regularly suggest Intersil to qualified colleagues. Intersil has assembled one of the most experienced and talented technical teams in our industry, along with an equally matched management team," he said.

Other notable companies making the Electronic Design Top 100 were Apple (1), AT&T (5), Hewlett-Packard (12), Microsoft (27), General Electric (41), Dell (56), Xerox (68), Intel (89) and Eastman Kodak (94).

To view a full copy of the Electronic Design article ("The Top 100 Employers in Electronic Design") go to: http://www.elecdesign.com/Articles/Index.cfm?ArticleID=15446&pg=1

To view the full list ("The Top 100 Employers in Electronic Design") go to: http://www.elecdesign.com/Files/29/15446/table1.html

About Intersil

Intersil Corporation is a leader in the design and manufacture of high-performance analog semiconductors. The Company's products address some of the industry's fastest growing markets, such as, flat panel displays, cell phones, other handheld systems, and notebooks. Intersil's product families address power management functions and analog signal processing functions. Intersil products include ICs for battery management, hot-swap and hot-plug controllers, linear regulators, power sequencers, supervisory ICs, bridge drivers, PWM controllers, switching DC/DC regulators and power MOSFET drivers; optical storage laser diode drivers; DSL line drivers; video and high-performance operational amplifiers; data converters; interface ICs; analog switches and multiplexers; crosspoint switches; voice-over-IP devices; and ICs for military, space and radiation-hardened applications. For more information about Intersil or to find out how to become a member of our winning team, visit the Company's web site and career page at www.intersil.com.

Contact Information

  • Media Contact
    Rob Purdie
    Senior Marketing Representative
    Intersil Corporation
    (321) 724-7688
    Email Contact