ZiLOG CEO Steps Down: Will Be Replaced on Interim Basis by Robin Abrams

ZiLOG, (Nasdaq: ZILG) the creator of the Z80(R) microprocessor and a leading innovator of integrated flash microcontrollers (MCUs), universal remote control solutions and ARM-based products today announced that its chairman and CEO Jim Thorburn has resigned and has been replaced by CEO Robin Abrams who currently serves on the company's Board of Directors. Ms. Abrams, most recently CEO of Firefly Mobile, will act as CEO on an interim basis while the Board searches for a permanent replacement.

(Photo: http://www.newscom.com/cgi-bin/prnh/20060830/SFW091 )

"Since joining the company in 2001, we completed our financial recapitalization, and refocused our product strategy with the result of establishing a solid financial foundation. We have positioned our operations to compete globally and we have expanded our product portfolio to address the market needs," stated Thorburn. "I felt the time was now right for me to step aside to allow new leadership to steer ZiLOG on its next phase of growth. I want to thank our management team, employees, partners and shareholders who have played a key role in positioning our company. Their support has been invaluable and I wish them and ZiLOG continued success in the future."

"On behalf of the Board, I want to thank Jim for his leadership efforts during the past five years, including our recapitalization, our 2004 public offering of stock and our move to a fabless business model," Ms. Abrams noted. "Thanks to his efforts and that of the management team and its employees, our business plan remains on track as evidenced last quarter when the company improved its gross margins to 50 percent of sales and continued to receive positive reception for its products in the marketplace."

"Our guidance for the second fiscal quarter of 2007 remains the same as previously stated," said executive vice president and CFO Perry Grace. "We are fully committed and confident about our ability to deliver our long term business plan. Improving gross margins and growing the top line remain key elements of that plan. Also key to that plan is our ability to deliver our winning ASSP strategy, broaden the products range and expand our market share and presence in Asia where we are already making great progress."

A Frequently-Asked-Questions section on this announcement can be found at http://www.zilog.com/RAFAQ .

About ZiLOG

Founded in 1974, ZiLOG won international acclaim for designing one of the first architectures in the microprocessors and microcontrollers industry. Today, ZiLOG is a leading global supplier of 8-bit micro logic devices. It designs and markets a broad portfolio of devices for embedded control and communication applications used in consumer electronics, home appliances, security systems, point of sales terminals, personal computer peripherals, as well as industrial and automotive applications. ZiLOG is headquartered in San Jose, California, and employs approximately 500 people worldwide with sales offices throughout Asia, Europe and North America. For more information about ZiLOG and our products, visit the Company's website at: http://www.ZiLOG.com .

NOTE: ZiLOG is a registered trademark of ZiLOG, Inc. in the United States and in other countries. Other product and or service names mentioned herein may be trademarks of the companies with which they are associated.

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