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22.04.2005 03:23:00
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Truck with Untested Maxim Parts Hijacked In Malaysia
Business Editors/High-Tech Writers/Manufacturing Writers
SUNNYVALE, Calif.--(BUSINESS WIRE)--April 21, 2005--Maxim Integrated Products, Inc., (Nasdaq:MXIM) has been notified that a truck, belonging to the NNR line, that was forwarding Maxim parts was hijacked in Malaysia on April 16, 2005. The stolen units, with a market value of approximately US $2,200,000 were untested. To avoid any difficulty that may occur due to the delivery issues that may arise from this hijacking, Maxim is in the process of notifying the customers for whom these parts were intended.
These units appear complete as they have the markings already imprinted on them. However, they have not gone through Maxim's entire manufacturing process including final test. It is therefore possible that using these untested devices in systems could cause the systems to fail. The failure rate could be as high as 30%.
The part numbers and date codes of the stolen units can be accessed via the internet by going to www.maxim-ic.com/hijackedparts.
Maxim can not be responsible for damages caused by the use of any of the stolen units. The Company advises against the purchase of the listed devices from any seller other than those approved by the Company. Contact information for Maxim's approved distributors and sales representatives, including Maxim Direct, can be found on Maxim's web site at (www.maxim-ic.com).
Maxim requests that anyone who is approached with an offer to purchase the above parts please notify the company by contacting their local Maxim representative or by contacting Brian Marvin, Director of Worldwide Security by phone at (408)737-7600, by regular mail at Maxim Integrated Products, 120 San Gabriel Drive, Sunnyvale, California, USA 94086, or by e-mail at brian_marvin@maximhq.com.
The company is offering a reward of $50,000 for evidence that leads to the arrest and conviction of the responsible parties including the recovery of the parts. Maxim requests that such information be forwarded to the above mentioned Mr. Marvin.
Maxim sincerely apologizes for any inconvenience this event may cause to its customers and thanks them for their continued cooperation.
Maxim Integrated Products is a leading international supplier of quality analog and mixed-signal products for applications that require real world signal processing.
--30--MER/sf*
CONTACT: Maxim Integrated Products, Inc. Chuck Rigg, 408-737-7600
KEYWORD: CALIFORNIA MALAYSIA INTERNATIONAL ASIA PACIFIC Technology_IT INDUSTRY KEYWORD: MANUFACTURING TRANSPORTATION SOFTWARE HARDWARE SOURCE: Maxim Integrated Products, Inc.
Copyright Business Wire 2005
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