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Exar announces Ryan A. Benton as new CEO

ExarExar Corporation, a semiconductor company, appointed Ryan A. Benton as chief executive officer, and a member of the board of directors.

Mr. Benton joined Exar in December 2012 as Senior Vice President and Chief Financial Officer. Mr. Benton has over 25 years of finance, business, and operational experience, 16 of which have been in senior management positions.

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Mr. Benton's experience includes a range of leadership positions at companies including, ASMI International NV, eFunds, SoloPower, and Synapsense.

Mr. Benton started his career at Arthur Andersen & Co. after receiving his B.A. from the University of Texas. He currently serves on the Board of Directors of Pivotal Systems, Inc., which provides best-in-class monitoring and process control technology for the semiconductor manufacturing industry.

Mr. Benton will replace Richard L. Leza, Interim President and Chief Executive Officer.

Simultaneously, the Board of Directors also announced that Keith Tainsky, Sr. Director of Finance, will immediately assume the position of Chief Financial Officer, and Mr. Leza, Chairman of the Board of Directors, will assume the role of Executive Chairman and Technology Advisor of Exar.

Mr. Tainsky has been with Exar for over one year as Sr. Director of Finance, where he has been instrumental in driving the Company's cost down initiatives. Mr. Tainsky brings with him over 25 years of experience in finance, operations, and management consulting.

His experience includes 15 years in the semiconductor industry, most recently as Director of Finance for Amkor, one of the world's largest providers of contract semiconductor assembly and test services.

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