SUNNYVALE, CA--(MARKET WIRE)--Oct 6, 2008 -- Maxim Integrated Products, Inc. (Other OTC:MXIM.PK - News) announced that it has appointed Bruce E. Kiddoo as its Chief Financial Officer and Principle Accounting Officer as planned now that the Company has completed the restatement of financial statements for stock-based compensation and certain other adjustments and has become current with its reporting obligations with the U.S. Securities and Exchange Commission. Mr. Kiddoo was hired by Maxim in August 2007 to serve as the Vice President of Finance until the completion of its restatement at which time he would be appointed Chief Financial Officer. With this appointment, Alan P. Hale, who successfully led the Company through its complicated financial restatement, has retired as the Company's interim Chief Financial Officer and Principle Accounting Officer after fulfilling his commitment to complete the restatement project.

Tunc Doluca, Maxim's Chief Executive Officer, commented, "We are thankful to Alan Hale for his work on the restatement and wish him the best of luck in his retirement. Bruce's operational and financial experience gained from over twenty years in the technology industry, including the last year at Maxim, will help us achieve our strategic goals of innovation and profitable growth."

About Maxim

Maxim Integrated Products is a publicly traded company that designs, manufactures, and sells over $2 billion of high-performance semiconductor products annually. It was founded over 25 years ago with the mission to deliver innovative analog and mixed-signal engineering solutions that add value to its customers' products. To date, Maxim has developed over 5,800 products in 28 product categories serving the Industrial, Communications, Consumer, and Computing markets. For more information, go to www.maxim-ic.com.

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