AMI Semiconductor Announces Contract Extension for President & Chief Executive Officer.

POCATELLO, Idaho -- AMIS Holding, Inc. (Nasdaq:AMIS), parent company of AMI Semiconductor, a designer and manufacturer of state-of-the-art integrated mixed-signal products and structured digital products for the automotive, medical and industrial sectors, today announced that its Board of Directors and Chris King have agreed to extend King's employment as president and chief executive officer through the fourth quarter of 2008.

King joined AMIS in August 2001 as the first female CEO of a semiconductor company. In September 2003 she took the company public and has met the challenge of leading a public company by overseeing four years of growth driven by a commitment to diversify the company's technology and product offerings. King's strategy for success is based on evaluating core competencies and key strengths, applying these to significant strategic markets, and then focusing company resources on specific objectives within those markets.

She has led AMIS through three acquisitions during her tenure including Dspfactory, the Micro Power Products Division of Microsemi Corporation (Nasdaq:MSCC) and the mixed-signal division of Alcatel Microelectronics. Most recently, she has continued her strategy of growth through diversification and product offerings and announced the company's agreement to acquire the semiconductor division of Flextronics.

Prior to joining AMIS, King was vice president of Semiconductor Products for IBM's microelectronics division. Her 23 years of experience at IBM included launching the company's ASIC business in 1993 and growing it into the number one ASIC business in the world. King earned a BSEE from Fairleigh Dickinson University.

About AMI Semiconductor

AMI Semiconductor (AMIS) is a leader in the design and manufacture of silicon solutions for the real world. As a widely recognized innovator in state-of-the-art integrated mixed-signal products, mixed-signal foundry services and structured digital products, AMIS is committed to providing customers with the optimal value, quickest time-to-market semiconductor solutions. Offering unparalleled manufacturing flexibility and dedication to customer service, AMI Semiconductor operates globally with headquarters in Pocatello, Idaho, European corporate offices in Oudenaarde, Belgium, and a network of sales and design centers located in the key markets of the North America, Europe and the Asia Pacific region.