CALIFORNIA MICRO DEVICES CORP
8-K, 1996-08-06
ELECTRONIC COMPONENTS & ACCESSORIES
Previous: COMMON GOAL HEALTH CARE PARTICIPATING MORTGAGE FUND L P, 10QSB, 1996-08-06
Next: FIRST COASTAL CORP, SC 13D/A, 1996-08-06



                       U.S. SECURITIES AND EXCHANGE COMMISSION

                               Washington, DC 20549


                                     Form 8-K

                                   CURRENT REPORT


                        Pursuant to Section 13 or 15(d) of
                        the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): August 5, 1996


                       California Micro Devices Corporation
              -----------------------------------------------------
              (Exact name of registrant as specified in its charter)



       California                  33-399-77           94-2672609
      -------------                ---------           ----------
State or other jurisdiction       (Commission         (IRS Employer
    of Incorporation)              File Number)       Identification No.)


         215 Topaz Street, Milpitas, CA                  95035-5430
         ------------------------------                  ----------
   (Address of principal executive offices)             (Zip Code)


Registrant's telephone number, including area code:     (408)263-3214
                                                         ------------


                            Not Applicable
      ------------------------------------------------------------
      (Former name or former address, if changed since last report)



                                   1


<PAGE>

Item 5.	Other Events.
           -------------

     On August 5, 1996, California Micro Devices Corporation (the 
"Company") released certain information regarding the appointment of an 
advisory director to the Company's Board of Directors as attached hereto.




                                      2


<PAGE>

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 
1934, the Registrant has duly caused this report to be signed on its 
behalf by the undersigned hereunto duly authorized.


Dated: August 6, 1996            CALIFORNIA MICRO DEVICES CORPORATION


                      By:

                       					/S/Scott Hover-Smoot
                           -----------------------------------
                            Scott Hover-Smoot
                            Secretary and General Counsel


                                3

<PAGE>
CALIFORNIA MICRO DEVICES CORPORATION
[CALIFORNIA MICRO DEVICES CORPORATION LOGO]


                                                             NEWS RELEASE
                                                    FOR MORE INFORMATION:
                                     Roberta Silverstein, Press and Media
                                                           (408) 934-3141

                                         Scott Hover-Smoot, Legal Counsel
                                                           (408) 934-3182

          HITACHI METALS, LTD. ACCEPTS ADVISORY DIRECTOR POSITION 
              ON CALIFORNIA MICRO DEVICES' BOARD OF DIRECTORS 

Micro Devices Department director and general manager, Masanobu Kaneyoshi, 
appointed by Hitachi Metals, Ltd. as advisory director

Milpitas, California - August 5, 1996 -- Hitachi Metals, Limited has accepted 
California Micro Devices' (NASDAQ NMS: CAMD) offer to participate in an 
advisory, non-voting capacity on California Micro Devices' Board of Directors.  
Mr. Masanobu (Mike) Kaneyoshi, director and general manager of the Micro 
Devices Department - Hitachi Metals, Ltd, has agreed to act as Hitachi Metals' 
nominee to the Board.  Hitachi Metals, Ltd., a subsidiary of Hitachi Ltd., is 
a strategic alliance partner with California Micro Devices (CMD) and enjoys 
equity participation, product development, manufacturing, marketing and 
worldwide distribution rights.

"Mr. Kaneyoshi brings a wealth of experience about the Japanese market and 
international business to California Micro Device's Board," explained Wade 
Meyercord, chairman of the Board at California Micro Devices.  "His thirty-
five year history with Hitachi Metals spans successes in marketing, sales, and 
management.  We welcome his presence and are honored by Hitachi Metals' 
acceptance of our offer.  As a strategic alliance partner with CMD, we look 
forward to Hitachi Metals' insight as represented by Mr. Kaneyoshi while we 
grow California Micro Devices' and Hitachi Metals' share of an expanding 
market for our integrated digital bus termination and filtering solutions."

Mr. Kaneyoshi began his career at Hitachi Metals, Ltd. in 1961.  He has held 
multiple high level positions at Hitachi Metals including senior vice 
president of administration; Corporate treasurer; senior vice president of 
marketing for Hitachi Metals America, Hitachi Metals' U.S. subsidiary company; 
general manager of the Electronics Devices department; and general manager of 
sales for the Micro Devices department before becoming the director and 
general manager of Hitachi Metals' Micro Devices Department.  Mr. Kaneyoshi is 
also a non-voting member of Hitachi Metals' Board of Directors 

Hitachi Metals, Ltd. has been a comprehensive strategic alliance partner with 
California Micro Devices since March 15, 1994.  As part of the strategic 
alliance, Hitachi Metals, Ltd. has extensive worldwide distribution rights for 
CMD's thin-film passive devices, including CMD's recently announced P/Active 
(TM) devices and invests in jointly approved development programs. 

                                #  #  #

Headquartered in Milpitas, California, California Micro Devices (CMD) designs, 
manufactures and markets integrated thin-film, silicon based termination and 
filtering passive components and active electronic circuitry.  CMD's products 
target the requirements of computer, networking and communication-based 
customers for smaller, densely integrated devices that operate at high 
frequencies with superior performance and functionality.


                                4




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission