Advanced Power Technology Appoints New Board Member.Business/High-Tech Editors BEND, Ore.--(BUSINESS WIRE)--Jan. 8, 2001 Advanced Power Technology, Inc. (Nasdaq:APTI APTI Association for Preservation Technology International APTI Air Pollution Training Institute ) today announced the appointment of Mr. Alfred J. Stein, age 67, to its Board of Directors, effective December 27, 2000. Mr. Stein has over 40 years of executive management experience in the semiconductor and high technology industry. He served as Chairman of the Board and Chief Executive Officer of VLSI Technology from 1982 until its acquisition by Philips Electronics in 1999. During his tenure, VLSI VLSI: see integrated circuit. (1) (Very Large Scale Integration) Between 100,000 and one million transistors on a chip. See SSI, MSI, LSI and ULSI. (2) (VLSI Technology, Inc., Tempe, AZ, www.semiconductors. grew from a venture capital funded start-up to a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (Nasdaq:VLSI) with revenues in excess of $600 million and over 2,200 employees in more than 25 locations around the world. Patrick Sireta, Advanced Power Technology's Chairman and Chief Executive Officer said, "We are very pleased to welcome Al to our Board. He brings a wealth of industry experience and demonstrated executive talent in organizations ranging from high-tech start-ups to very large public companies. We look forward to the benefit of his contributions." Mr. Stein added: "In addition to the leadership position Advanced Power Technology has established in the high power and high frequency MOSFET (Metal Oxide Semiconductor Field Effect Transistor) The most popular and widely used type of field effect transistor (see FET). MOSFETs are either NMOS (n-channel) or PMOS (p-channel) transistors, which are fabricated as individually packaged field, I am very impressed with their financial position and with the strength and stability of their management team. The APT officers have all been with the company for more than twelve years. As a board member, I am delighted and look forward to working with everyone at APT." Prior to VLSI, Mr. Stein was Vice President of Motorola's (NYSE NYSE See: New York Stock Exchange :MOT) Integrated Circuits Group, joining the company in 1976. Over a five-year period, he was instrumental in helping Motorola achieve prominence as an integrated circuits supplier. In 1979 he was promoted to Vice President and Assistant General Manager of Motorola's entire semiconductor business. Mr. Stein was with Texas Instruments for 18 years from 1958 through 1976; his last position was Vice President and General Manager for the Electronics Devices Division. Mr. Stein has also served on the Board of Directors of Applied Materials (Nasdaq:AMAT) and Radio Shack Corporation (NYSE:RSH), as well as several small private companies. He is the past Chairman of the Board for the Semiconductor Industry Association (SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor ), where he served as a member for over 10 years. He has also served on the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. for St. Mary's University of Texas. Mr. Stein received a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in physics from St. Mary's University in 1955 and a Master of Science degree in mathematics from Southern Methodist University Southern Methodist University, at Dallas, Tex.; United Methodist; coeducational; chartered 1911. The school's facilities include laboratories for electron microscopy and stable isotopes, a museum of paleontology, and a graduate research center. in 1964. About Advanced Power Technology With operations in Bend, Oregon and Bordeaux, France, Advanced Power Technology is a leading supplier of high performance power semiconductors used in the conditioning and control of electrical power. The company's products are used in communications and Internet infrastructure equipment, semiconductor capital equipment, as well as medical, industrial, and military and aerospace systems. Additional information, including the company's press releases and SEC filings, are available at no charge through the company's Web site at www.advancedpower.com. |
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