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Mr. Kurtz has been a director of PMC since April 2003 and serves as Audit Committee Chairperson. Since September 2005, Mr. Kurtz has served as Executive Vice President and Chief Financial Officer of Novellus Systems, Inc. (Nasdaq: NVLS), a leading supplier of thin film deposition, surface preparation and chemical mechanical planarization (CMP) systems used in the fabrication of integrated circuits. Prior to that, Mr. Kurtz served as Senior Vice President and Chief Financial Officer of Engenio Information Technologies, Inc., a designer and manufacturer of high-performance modular enterprise storage systems. From July 2001 to February 2004, Mr. Kurtz served as Chief Operating Officer and Chief Financial Officer of 3PARdata, Inc., a data storage company. From August 1998 to June 2001, Mr. Kurtz served as Executive Vice President and Chief Financial Officer of Scient Corporation, a provider of professional services. From July 1983 to August 1998, Mr. Kurtz served in various capacities at AT&T, including Vice President of Cost Management and Chief Financial Officer of AT&T's Business Markets Division. Prior to joining AT&T, he worked at Price Waterhouse, now PricewaterhouseCoopers LLP. Mr. Kurtz is a certified public accountant. He is also a director of Redback Networks, Inc., a broadband networking equipment company. | 