Everlight realigns business units to harness growth in LED lighting

Jan 23rd, 2009
Date Announced: 23 Jan 2009

Global optoelectronics manufacturer responds to LED market demands while enhancing customer support in organizational changes

CARROLLTON, Texas -- January 22, 2009 -- Everlight Electronics Co. Ltd . (TSE: 2393) announced today the restructuring of the company's business units to better position themselves as a leader in the fast-growing global LED industry. Everlight's organizational changes will help the company respond to the worldwide demand for 'greener,' more environmentally friendly LED lighting. In addition to reflecting Everlight's commitment to developing brighter and more efficient LEDs, the business realignment reinforces the company's mission to provide outstanding customer service.

Everlight has restructured its company organization under a Production Business Group and a Sales and Marketing Business Group. As part of this restructuring, Everlight has instituted the following management appointments:

Pang Yen Liu, previously Everlight's Executive Vice President, is now General Manager of the Production Business Group.

Mr. Liu joined Everlight in 1986 where he has held various executive positions including Executive Vice President of Everlight Electronics. He holds several executive positions in Investment Companies as Pai-yee Investment Co., Ltd.; Yi-wei Investment Co., Ltd. and Yi-heng Investment Co., Ltd.

Bernd Kammerer, COO and CEO of the America and European Offices, has been promoted to General Manager of the Sales and Marketing Business Group.

Mr. Kammerer joined Everlight in 1999 as General Manager for Everlight Europe GmbH and has held various executive positions including COO of Everlight Americas. Prior to that, he served several years as Marketing Manager in the semiconductor industry. He has 15-plus years experience in sales and marketing of optoelectronics and holds a Master's degree in electrical engineering from the University of Munich, Germany.

Stephan Greiner, a new addition to the Everlight management team, now serves as Global Vice President of Sales under Mr. Kammerer's business unit.

Greiner comes to Everlight after six years at Osram Opto Semiconductor where he served as Senior Director Sales Europe and Emerging Markets. Before that Greiner spent seven years at Siemens Semiconductor (later Infineon Technologies) in various sales positions. He has more than 13 years experience in semiconductors sales and holds a Master's degree in electrical engineering from the University of Cooperative Education Stuttgart, Germany.

This reorganization allows Everlight to continue its efforts to pursue the requirements of the LED lighting industry, while simultaneously fulfilling its customers' needs for new product offerings, service and technical support. As demand for greener lighting continues as a dominant trend, Everlight will be well positioned in the optoelectronics market in 2009 and beyond.

About Everlight Electronics Co. Ltd.
Everlight Electronics Co. Ltd is a fast-growing global manufacturer of LEDs, displays, infrared and optocoupler components serving various applications in the consumer, computing, automotive, telecommunication and industrial market segments. Everlight's annual growth rate of more than 20 percent over the past ten years is the combined result of its well-engineered products, highly efficient in-house manufacturing facilities and extensive global supply chain. Founded in 1983, Everlight today is a $300 million company headquartered in Taipei, Taiwan, with over 4,000 employees and operations in China, Asia, North America and Europe. Everlight Americas, the company's North American subsidiary, is based in Carrollton, Texas.

Contact
Everlight Americas, Inc. Krish Ramdass, Optoelectronics Marketing 325 Piercy Road San Jose, CA 95138 Phone: 408-225-7800 Agency Contact WelComm, Inc. Marsha Lisak , Senior Account Executive 7975 Raytheon Rd. Suite 340, San Diego, CA 92111 Phone: 805-223-2311 Email: Marsha@welcomm.com

E-mail:Kramdass@everlightamericas.com

Web Site:www.everlight.com

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