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National Semiconductor Receives Electronics Weekly’s Elektra 2006 Investing in People Award

Company Rewarded for Engineering Development Program

Nov 16, 2006

November 16, 2006 – Electronics Weekly named National Semiconductor (NYSE: NSM) as the winner of its Investing in People Award for National's Engineering Development Program. The presentation to Suneil Parulekar, senior vice president and general manager of National’s Analog Signal Path Group, was made during the annual Elektra awards ceremony held yesterday in Munich, Germany. Electronics Weekly magazine founded the Elektra awards in 2003 to recognize the people, companies and products that show leadership in the electronics industry.

National’s company-wide program for its 2,500 plus engineers incorporates an engineering competency framework that outlines the critical hard and soft skill sets needed for collaborative work in an engineering and manufacturing company. National established the program in 2003 to foster professional development, practical training, best-practices sharing, mentoring, cross-training and e-learning. The program has support from executive management and has corporate-wide visibility.

Eddie Sweeney, National’s worldwide human resources vice president, said, “We are very proud of our professional development and mentoring activities.  Our investment in employee development has generated significant benefits in terms of engineering productivity and cycle time improvements as well as improved employee retention.” 

An independent judging panel, which included specialists from companies, trade bodies and academia as well as editors from the magazine, judged entries on their relative merits such as commercial success, technical innovation and staff support.

Nominees for the Investing in People Award needed to demonstrate a commitment to invest in training, career development and facilities. The judging criteria also included evidence of planning, action and positive outcomes in each of these areas, as well as seeing how companies develop employees within their current roles and enable them to enhance their career within the organization through the effective use of training.

About National Semiconductor
National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems.  National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays and a variety of broad electronics markets, including medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, Calif., National reported sales of $2.16 billion for fiscal 2006, which ended May 28, 2006.  Additional company and product information is available at www.national.com