PSi Technologies Announces Appointments of George J. Shaw as Chief Operating Officer and Executive Vice President and Rodger K.
19 January 2008 - 8:30AM
PR Newswire (US)
SOUTH SAN FRANCISCO, Calif., and MANILA, Philippines, Jan. 18
/PRNewswire-FirstCall/ -- PSi Technologies Holdings, Inc.,
(NASDAQ:PSIT), a leading independent provider of assembly and test
services for the power semiconductor market, announced today the
appointments of George J. Shaw as Chief Operating Officer and
Executive Vice President and Rodger K. Fujinaga as Vice President,
Marketing and Sales - North America and Japan. George Shaw is an
industry veteran with over 30 years of general management and
technical experience, half of this in factory operations in six
different countries in Asia and North America. His prior industry
experience includes responsibilities at ASAT Ltd. in Hong Kong as
Senior Vice President Operations, at AIT (Hong Kong) Ltd. as Senior
Vice President, at Amkor Technology as Senior Vice President of
Process Engineering, and at National Semiconductor Corporation as
Vice President of Package Engineering and as Managing Director of
its Bangkok and Indonesia facilities. Mr. Shaw has demonstrated
successful management of multidisciplinary engineering and
manufacturing organizations in both large multinational and small
start-up company environments, consistently achieving significant
performance improvement in the organizations he has led. Mr. Shaw
has a B.S. degree in Mechanical Engineering from California
Polytechnic State University, San Luis Obispo. Mr. Fujinaga has
over 20 years of experience in the semiconductor industry,
specializing in Marketing and Sales, Business Development and
Account Management. In the past, he has been President for the
Americas/Vice President of Sales for AIT, Inc., Vice President for
Amkor Technology, Inc., and General Manager, Microtech Division for
ROHM. Mr. Fujinaga holds a Business Administration - Marketing
degree from the San Francisco State University. Messrs. Shaw and
Fujinaga will be directly reporting to the Chairman and CEO, Arthur
J. Young, Jr. Mr. Shaw will be based in the Philippines, overseeing
the operations of Taguig and Laguna plants, while Mr. Fujinaga will
be based in California. "With their extensive industry experience
and leadership skills, George Shaw and Rodger Fujinaga will be
significant additions to the management team of PSi. We expect that
their future contributions will further propel PSi to a higher
level of market leadership in our segment, by growing our revenue
base and enhancing our competitive edge, thus improving shareholder
value," said Arthur J. Young, Jr., Chairman and CEO. About PSi
Technologies Holdings, Inc. PSi Technologies is an independent
semiconductor assembly and test service provider focused on the
power semiconductor market. The Company provides comprehensive
package design, assembly and test services for power semiconductors
used in telecommunications and networking systems, computers and
computer peripherals, consumer electronics, electronic office
equipment, automotive systems and industrial products. PSi's
customers include most of the major power semiconductor
manufacturers in the in the world such as Infineon Technologies, ON
Semiconductor, NXP Semiconductor and ST Microelectronics. For more
information, visit the Company's web site at
http://www.psitechnologies.com/ or call: Safe Harbor Statement This
press release contains forward-looking statements that involve
risks and uncertainties. Actual outcomes may differ materially.
Factors that might cause a difference include, but are not limited
to, those relating to the pace of development and market acceptance
of PSi's products and the power semiconductor market generally,
commercialization and technological delays or difficulties, the
impact pf competitive and technologies, competitive pricing
pressures, manufacturing risk, the possibility of our products
infringing patents and other intellectual property of third
parties, product defects, cost of product development,
manufacturing and government regulation, risk inherent in emerging
markets, including but not limited to, currency volatility and
depreciation, restricted access to financing, and political and
social unrest. PSi undertakes no responsibility to update these
forward- looking statements to reflect events or circumstances
after the date hereof. More detailed information about potential
factors that could affects PSi's financial results is included in
the documents PSi files from time to time with the Securities and
Exchange Commission. DATASOURCE: PSi Technologies Holdings, Inc.
CONTACT: Larry V. Cajucom, Jr., Chief Financial Officer of PSi
Technologies, Inc., +1-632-838-4489, or fax, +1-632-838-4637, ; or
Lasse Glassen of Financial Relations Board, +1-213-486-6546, , for
PSi Technologies Holdings, Inc. Web site:
http://www.psitechnologies.com/
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