Driver Returns to NASCAR Competition with IDT Logo on the No. 40 Chevrolet
SAN JOSE, Calif., June 22, 2016—Integrated Device Technology, Inc. (IDT) (NASDAQ: IDTI) in collaboration with Northeastern University, Silicon Valley Campus, today announced its partnership with World Stage Racing’s Brian Wong, who is returning to NASCAR competition for the first time in nearly 10 months. Wong, whose has a reputation as a “road racking specialist,” will compete at this weekend’s K&N Pro Series West in conjunction with the NASCAR Sprint Cup Series.
Sharing the same weekend with the biggest names in NASCAR, both driver and team will continue their focus on digitally focused platforms by partnering with IDT, a global semiconductor company headquartered in Silicon Valley. IDT develops system-level solutions that optimize its customers’ applications. IDT’s market-leading products in RF, timing, wireless power transfer, serial switching, interfaces and sensing solutions are among the company’s broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. The campus of IDT’s headquarters also houses the Silicon Valley hub for Northeastern University, which which Wong is closely affiliated.
“Competing at Sonoma alongside the NASCAR Sprint Cup Series is another amazing opportunity,” Wong said. “Any event in California is considered a home race for us. Everyone at World Stage Racing and Ranier Racing with MDM have been working very hard to put this program together, and it’s great to see it all happen. We have a great partner in IDT along with us, as well as some of our long-time partners such as GT Channel and more. It’s a very competitive field out there this weekend, but it’s a track we know well and it’s an excellent team, so we all feel very prepared.”
As the flagship driver behind World Stage’s continuing efforts, Wong will take to the wheel of the No. 40 Chevrolet, prepared by Ranier Racing with MDM. As a team comprised of both NASCAR veterans and business professionals from a number of disciplines, the unique makeup of the team is a very cohesive fit with World Stage Racing, which strives for taking a business-minded approach to racing.
A highly experienced driver in both NASCAR and sports car competition, Wong will return to the event as a veteran of road races around the world, having competed in everything from the NASCAR Camping World Truck Series, to the former American Le Mans Series, and even the Red Bull Global Rallycross championship. No stranger to large venues and success, Wong has competed at events including the Rolex 24 at Daytona, Mobil 1 Twelve Hours of Sebring, and became the first Chinese-American in history to score a podium finish in American Le Mans Series competition by taking third at the famed Petit Le Mans. As the first race of his 2016 season, Wong is aware that the limited track-time inherent in a joint race weekend will provide a unique challenge, but he’s optimistic that he can draw from nearly ten years of experience.
Adorning the No. 40 will be the colors of IDT, a 36-year-old Silicon Valley semiconductor company that develops a wide range of products. In fact, virtually every 4G LTE call globally goes through IDT chips. IDT also has a strong presence in automotive electronics with products that include sensing solutions that enable the increased energy efficiency of the vehicle. The company also is currently involved in research that uses its technology to enable network-connected autonomous vehicles. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol "IDTI."
In addition to sharing a building, IDT and Northeastern University are engaged in research with one another and have a close relationship. As the first in a series of educational hubs embedded directly in companies across the Bay Area, Northeastern University—Silicon Valley was conceived to educate more working professionals in the Silicon Valley region and beyond in science, technology, engineering, and math (STEM fields).
Practice for the race begins this Friday, June 24, with the race taking place on Saturday, June 25, at 1PM PST. The team will provide continuous updates throughout the race weekend.
Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. IDT’s market-leading products in RF, timing, wireless power transfer, serial switching, interfaces and sensing solutions are among the company’s broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. Headquartered in San Jose, Calif., IDT has design, manufacturing, sales facilities and distribution partners throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT is accessible at www.IDT.com. Follow IDT on Facebook, LinkedIn, Twitter, YouTube and Google+.