QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that Frank G. Ellis has joined the company as Vice President Worldwide Sales following the recent promotion of Andy Pease to President of the Corporation. Mr. Ellis will be responsible for executing QuickLogic’s Customer Specific Standard Product (CSSP) sales strategy and leading all [...]

Reducing fixed costs to enable a lower break-even revenue level and optimal profitability scaling with revenue growth
Greater headroom for discretionary variable cost investments enhances both the agility to react to customer and market requirements, and the ability to serve a broader scope of applications
Shifting a portion of both base salary and incentive compensation from cash [...]