Market Overview

Rambus Appoints Sanjay Saraf to Board of Directors


Industry leader brings extensive experience in mobile payments and
digital transformation

(NASDAQ:RMBS), a leader in digital security, semiconductor and
IP products and services, today announced the appointment of Sanjay
Saraf to its board of directors, effective immediately.

Mr. Saraf currently serves as the executive vice president and chief
technology officer at YapStone, where he is responsible for product
engineering, infrastructure, operations, information security, research
and development, and product innovation. Prior to YapStone, he was chief
technology officer at Western Union Digital and was responsible for
digital transformation and leading product engineering teams. Throughout
Mr. Saraf's career, he successfully launched mobile payments
applications in over 50 countries, integrated payments with over a
thousand banks in over 70 countries and processed over $80 billion in
principal volume in over 200 countries.

"Sanjay's accomplished background in mobile payments and digital
transformation makes him an outstanding addition to the Board. He will
bring strong leadership, especially for our growing security and
payments business," said Eric Stang, chairman of the Board at Rambus.
"We are pleased to welcome Sanjay to the Board and look forward to his
collaboration and contribution."

"I am honored and thrilled to be joining Rambus' Board of Directors,"
said Saraf. "I look forward to using my leadership experience and
knowledge of the payments and security industry to support Rambus'
strategy and growth initiatives."

Mr. Saraf holds a B.S. in Engineering from the University of Bombay and
a M.S. in Engineering from the University of Wyoming. He will be serving
on the Board alongside E. Thomas Fisher, Emiko Higashi, Charles Kissner,
David Shrigley and Eric Stang.

About Rambus Inc.

Dedicated to making data faster and safer, Rambus creates innovative
hardware, software and services that drive technology advancements from
the data center to the mobile edge. Our architecture licenses, IP cores,
chips, software, and services span memory and interfaces, security, and
emerging technologies to positively impact the modern world. We
collaborate with the industry, partnering with leading chip and system
designers, foundries, and service providers. Integrated into tens of
billions of devices and systems, our products and technologies power and
secure diverse applications, including Big Data, Internet of Things
(IoT) security, mobile payments, and smart ticketing. For more
information, visit

Source: Rambus Inc.

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