CAMARILLO, Calif., July 07, 2016 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of analog and mixed-signal semiconductors headquartered in Camarillo, hosted its fourth annual mid-season golf tournament benefiting local charitable organizations on June 17 at the River Ridge Golf Course in Oxnard, Calif. Through sponsorships, entry fees, raffles and more, the company raised approximately $53,000, which it donated to Big Brothers Big Sisters of Ventura County and RAIN Communities, Inc.
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For the past several summers, Semtech has hosted employees, family and friends for a full day of festivities, including a putting contest, a shot gun-style golf tournament, a silent auction and raffle, as well as a dinner and award ceremony. The event is used to raise funds for the benefit of the Ventura County community. Marquee sponsors of this year’s tournament were O’Melveny & Myers LLP and Paradise Chevrolet.
“Our annual charity golf tournament has become a rewarding tradition for all involved at Semtech,” said Mohan Maheswaran, President and CEO of Semtech. “We have many employees who welcome the opportunity to give back to our local community, and this is a great way for our employees and their friends and family to show their appreciation and raise funds for local charities. It’s exciting to see how significantly the event has grown since its inception and great to be able to give back to two wonderful organizations in our community.”
Big Brothers Big Sisters of Ventura County is a local nonprofit that serves children who face adversity through professionally supported, one-to-one mentoring relationships. The organization serves to improve its children’s performance in school, self-esteem and career trajectory.
“We appreciate the support from Semtech and the donation of proceeds from its annual golf tournament,” said Lynne West, CEO of BBBSVC. “We rely on volunteers and donations to keep up our important work so this donation will help benefit local youth by supporting our proven program.”
RAIN Communities, Inc. is transitional housing program in Camarillo that helps individuals and families in the county who are in need of housing assistance for a transitional period. RAIN supports approximately 135 people per year by providing a clean, sober living environment, nutritious meals, and employment assistance.
“RAIN Communities is so grateful for Semtech and its golf tournament sponsors’ support. These funds will immediately provide assertive professional counseling and support to the many underprivileged yet resilient families going through this life restoring program,” said David Kohlmeier, Board President of RAIN Communities, Inc.
About Semtech
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, enterprise computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.
Semtech and the Semtech logo are registered trademarks or service marks, or trademarks or service marks, of Semtech Corporation and/or its affiliates. Third-party trademarks or service marks mentioned herein are the property of their respective owners.
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