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National Semiconductor Distributes More Than $1.35 Million to Charities and Schools Through Giving Program

Jun 16, 2005

June 16, 2005 – Through its giving program, National Semiconductor employees have helped 922 schools and charitable organizations by providing donations totaling more than $900,000.  When donations raised for the Asia Tsunami Relief Fund are added, the total exceeds $1.35 million. 

“These outstanding results demonstrate National employees' tremendous spirit of giving," said Joan Scott, director of community relations at National Semiconductor.  “We are grateful to all of our employees for their continued support and generosity.”

National established its giving program in 2000 to encourage employees to make donations of cash or stock to schools and non-profit organizations.  National’s charitable foundation matches employee donations, and this year’s total of $919,000 represents a six-percent increase over last year and includes the foundation’s contribution.  Since 2002, the amount of money raised through the giving program by National employees has increased 19 percent. 

About National Semiconductor
National Semiconductor, the industry's premier analog company, creates high performance analog devices and subsystems.  National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, communication 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, California, National reported sales of $1.91 billion for fiscal 2005, which ended May 29, 2005.  Additional company and product information is available at www.national.com