BOISE, Idaho, 2012-02-04 00:00 CET (GLOBE NEWSWIRE) --
Micron Technology, Inc. (Nasdaq:MU), announced earlier today that the company
is deeply saddened by the death of Chairman and CEO Steve Appleton in a small
plane accident in Boise. Mr. Appleton was 51.
"Steve was a true friend who will be dearly missed by all of us," said Mark
Durcan, Micron President and Chief Operating Officer. "Our thoughts and prayers
are with his family and our team members as we all grieve this tragic loss."
Pursuant to the Company's bylaws, Mr. Durcan, in his role as president of the
company will assume the responsibilities of CEO until a successor is appointed
by the Board of Directors. The Board of Directors will convene a meeting over
the weekend.
Micron Technology, Inc., is one of the world's leading providers of advanced
semiconductor solutions. Through its worldwide operations, Micron manufactures
and markets a full range of DRAM, NAND and NOR flash memory, as well as other
innovative memory technologies, packaging solutions and semiconductor systems
for use in leading-edge computing, consumer, networking, embedded and mobile
products. Micron's common stock is traded on the NASDAQ under the MU symbol. To
learn more about Micron Technology, Inc., visit www.micron.com.
Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All
other trademarks are the property of their respective owners.
CONTACT: Daniel Francisco
Micron Technology, Inc.
208-368-5584
dfrancisco@micron.com