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XEMICS Appoints New Chairman of the Board of Directors.


Business Editors & High Tech Writers

NEUCHATEL, Switzerland--(BUSINESS WIRE)--Aug. 16, 2000

XEMICS SA, a leader in ultra low power An ultra low power, or ULP device, is an electronic gadget that has milli- or micro-watt power consumption.

Some examples of ultra-low power devices:
  • Pacemakers
  • Hearing aids
 integrated circuits Integrated circuits

Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1.
, has today appointed Michel Desbard as its new Chairman of the Board. Michel Desbard succeeds Thomas Hinderling who has been XEMICS' chairman since its foundation in 1997.

Michel Desbard brings more than 20 years of international semiconductor business experience to XEMICS: He was Chairman 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 T.sqware Inc, a leading provider of network processors in Santa Clara Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
 CA, which he founded in early 1997. Recently GlobeSpan, Inc acquired T.sqware. Prior to T.sqware, Michel Desbard was Chairman and CEO of Matra Semiconductor, a French subsidiary of the Temic group for six years and its COO for 5 years. Prior to that, Michel Desbard was Financial Controller at a Fairchild division in San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
 CA for two years, Director of Finance at Thomson Semiconductor in France for five years and Financial Auditor at Thomon's headquarters for five years.

"Michel has successfully built semiconductor companies in Europe and in the US. He brings invaluable business experience and a broad international semiconductor industry network to XEMICS," says Roland Heer, CEO of XEMICS. "We are absolutely thrilled to have him join our board as Chairman."

XEMICS' shareholders have expressed their thanks to Thomas Hinderling, CEO of CSEM CSEM Centre Sismologique Euro-Méditerranéen (France)
CSEM Centre Suisse d'Electronique et de Microtechnique (Switzerland)
CSEM Case Studies in Environmental Medicine (ATSDR) 
 SA, in recognition of his outstanding and unparalleled commitment to XEMICS' development and success. Thomas Hinderling has been the driving force behind the foundation of XEMICS and its first Chairman for almost three years. He will remain a member of the board of directors.

About XEMICS

XEMICS is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab.  focusing on ultra low-power mixed signal system-on-chip (SOC) solutions. Wafer manufacturing is subcontracted to leading foundries. XEMICS offers "One Stop Shop" services to its customers, from design to product delivery.
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Article Details
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Publication:Business Wire
Geographic Code:4EXSI
Date:Aug 16, 2000
Words:300
Previous Article:Versatel Completes Fifth Fiber Optic Ring in The Benelux.
Next Article:XEMICS Announces a 10 for 1 Stock Split, Stock Options for All Employees and a New Shareholder Structure.



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