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Adesto Technologies Announces Barry L. Cox Scholarships  

SANTA CLARA, Calif., July 27, 2017 (GLOBE NEWSWIRE) -- Adesto Technologies (NASDAQ:IOTS), a leading provider of application-specific, ultra-low power non-volatile memory products, today announced it is offering two annual $2500 scholarships to render financial assistance to qualified juniors or seniors attending San Jose State University who are pursuing a degree in science, technology, engineering and/or mathematics. In addition to the scholarship financial assistance, Adesto will also offer paid internships to the scholarship recipients at their offices in Santa Clara, CA.

The awards are established as a memorial to Barry L. Cox, (d. May 2017) a noted technology executive whose career in executive leadership positions spanned 48-years in the semiconductor industry.

Highlights of Mr. Cox’s career included many executive roles, including positions of CEO and Chairman of the Board in publicly and privately held companies. Mr. Cox served as Adesto’s executive chairman from 2015 through 2017.

“Adesto is proud to honor Barry’s memory and support aspiring students in technology with this annual scholarship program,” said Adesto’s Chief Executive Officer, Narbeh Derhacobian. “We look forward to working with San Jose State University to help deserving candidates get the financial assistance as well as practical work experience here at Adesto.”

For application details visit the Adesto Technologies website at http://www.adestotech.com/barrycox-scholar/ or contact the San Jose State University Financial Aid & Scholarship Office at (408) 283-7500.

About Adesto Technologies

Adesto Technologies (NASDAQ:IOTS) is a leading provider of application-specific, ultra-low power, smart non-volatile memory products. The company has designed and built a portfolio of innovative products with intelligent features to conserve energy and enhance performance, including Fusion Serial Flash, DataFlash®, EcoXiP™ and products based on its trademark resistive RAM technology called Conductive Bridging RAM (CBRAM®). CBRAM® is a breakthrough technology platform that enables 100 times less energy consumption than today’s flash memory technologies as well as delivering enhanced performance.

Company Contact: David Viera Director, Corporate Communications P: 408-419-4844 E: press@adestotech.com Adesto Technologies Investor Relations: Shelton Group Leanne K. Sievers, President P: 949-836-4276 E: sheltonir@sheltongroup.com

Source:Adesto Technologies