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Lattice Semiconductor Appoints Stacy Fender Corporate Vice President of Worldwide SalesHILLSBORO, OR - NOVEMBER 4, 2008 - Lattice Semiconductor (NASDAQ: LSCC) today announced that Stacy Fender has joined the company as its Corporate Vice President of Worldwide Sales. Fender was most recently Managing Director, Asia Pacific for Xilinx Corporation, and during 13 years with that company held several senior executive management positions spanning sales, operations and business development. Prior to joining Xilinx, Fender was with Phoenix Technologies, Harris Semiconductor and Texas Instruments. "Lattice is fortunate to have an individual of Stacy's caliber managing our global sales organization," said Lattice President and CEO Bruno Guilmart. "Stacy's experience and skills, in-depth understanding of the programmable logic industry and extensive knowledge of Asian markets will be of enormous benefit to Lattice. I also extend my deep appreciation to Russ Almand, who has done a superb job managing the sales force during this transition period." "This is an extraordinary opportunity that I accept with enthusiasm and determination," said Fender. "Having worked in the programmable logic industry, I had many firsthand encounters with Lattice and came to respect the company as a fierce competitor with innovative products. The Company also announced the grant of an employment inducement stock option award to Fender on November 3, 2008. Fender may purchase up to 450,000 shares of the Company's common stock at an exercise price of $1.73 per share pursuant to the inducement stock option. The stock option will vest 1/4th on the first anniversary of the grant date and 1/16th each three months thereafter over the remaining three-year period. The option grant has an expiration date of November 3, 2015. About Lattice SemiconductorLattice is the source for innovative FPGA, CPLD and Mixed Signal programmable logic solutions. For more information, visit www.latticesemi.com. This release contains statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to the better alignment of the Company's operating expenses with near-term revenue expectations, more efficient implementation of the Company's product strategy and the reorganization of the Company's business to more effectively and deliver timely solutions. Investors are cautioned that forward-looking statements involve risks and uncertainties, including business and industry developments and those other risk factors detailed in the Company's Securities and Exchange Commission filings, that may cause the Company's actual results to differ materially from those anticipated in the forward-looking statements. # # # Lattice Semiconductor Corporation, Lattice (& design), L (& design), and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders
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