Stefan Lai Joins Ovonyx as Vice President of Business Development.ROCHESTER HILLS, Mich. -- Ovonyx, Inc. ('Ovonyx') is pleased to announce that Dr. Stefan Lai has joined the company as Vice President of Business Development. In this capacity Dr. Lai will provide direct support to Ovonyx' and its licensee joint development partners in various new and pre-existing programs in pursuit of Ovonyx OUMTM phase-change nonvolatile memory technology. Prior to joining Ovonyx, Stefan Lai was Vice President of the Flash Memory Group and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. & Co-Director of California Manufacturing and Technology at Intel Corporation. During his 24 year career at Intel, Lai played a critical role in establishing Intel's leadership position in NOR Flash memory, by co-inventing the industry-standard ETOX A family of flash memory products from Intel. See StrataFlash. flash memory cell and developing nine successive generations of the product. Tyler Lowrey, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ovonyx said, "Stefan has consistently demonstrated tremendous success in commercializing nonvolatile memories and we welcome his expertise and business leadership to assist bringing our emerging phase-change memory technology to market." Stefan Lai 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 applied physics from California Institute of Technology California Institute of Technology, at Pasadena, Calif.; originally for men, became coeducational in 1970; founded 1891 as Throop Polytechnic Institute; called Throop College of Technology, 1913–20. in 1973 and his Ph.D. in applied quantum physics from Yale University in 1979. He was a Member of the Technical Staff at the IBM Yorktown TJ Watson Research Center from 1979 to 1982 prior to joining Intel Corporation. About Ovonyx: Ovonyx was formed with the charter to commercialize the proprietary phase-change semiconductor memory technology originally invented by S. R. Ovshinsky at Energy Conversion Devices, Inc. ((NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ENER) see website at www.ovonic o·von·ic adj. Of or relating to a device whose operation is based on the Ovshinsky effect. [Ov(shinsky effect) + (electr)onic.] .com). Ovonyx nonvolatile memory technology offers significantly faster write and erase speeds, higher cycling endurance, and better scaling performance with new generations of photolithography than conventional Flash memory. It also has the advantage of a simple fabrication process that allows the design of semiconductor chips with embedded nonvolatile memory using only a few additional mask steps. Ovonyx is pursuing commercialization of its array-addressed memory systems through joint development programs with a number of licensee/joint development partners including Qimonda, BAESystems, Intel Corporation, ST Microelectronics, Samsung, Nanochip, and Elpida Memory. For more information, please visit www.ovonyx.com. |
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