Heptagon appoints Jan Lobbezoo as Board Chairman

Heptagon, a leading developer of wafer-scale micro-optics, has announced that Jan Lobbezoo has joined its board of directors as Chairman.

Company press release - Zurich and Helsinki (August 13, 2007).

Heptagon, a pioneer and world-leader in wafer-scale micro-optics, is announcing that Jan Lobbezoo has joined its board of directors as Chairman.

“We are excited and proud that Jan has agreed to join Heptagon as our new chairman”, said Chuck Milligan, Heptagon’s CEO. “We are making tremendous advances in providing revolutionary wafer-scale optics to support semiconductor technologies such as CMOS imaging, LED illumination, and VCSELs.

"Jan’s vast experience and impeccable reputation as a CFO and board member of major semiconductor companies will further strengthen our position. Jan is a strong leader who brings to our board expert industry knowledge and an excellent background in corporate finance and governance. This will help ensure that we have not only the technology, but also the strategy and structure to continue our rapid growth in supporting semiconductor applications.”

Jan Lobbezoo (Dutch) retired in the beginning of 2007 from the Royal Philips Group after a successful 36 year international career in senior financial management positions involving working and living in different parts of the world.

He served as Chief Financial Officer of Philips Semiconductors (now known as NXP Semiconductors) for 12 years until September 2005; thereafter until retirement he was Executive Vice President in Philips International.

Jan served until March this year over 12 years on the board of Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor foundry organisation. He continues to serve on the board of FEI Company, a nano-technology equipment company listed in the USA on the Nasdaq Stock Exchange.

Jan is also chairman of the supervisory board of The Member Company {TMC}, a Dutch high tech secondment services company which Jan helped with the initial public offering on the Amsterdam Alternext Stock Exchange.

“Ï am delighted to join Heptagon” said Jan Lobbezoo. “With its excellent management, technology and products, I am certain that the company has a bright future and will develop fast into a major force in its industry, and I am happy to be able to contribute to that.”

About Heptagon Heptagon, a privately held company, designs and manufactures advanced micro-optics products for OEM suppliers. Heptagon’s components are used in many applications including CMOS imaging, LED lighting, display, optical communications, consumer electronics and industrial optics. Heptagon’s primary operations are in Switzerland and Singapore and it has a US subsidiary in Silicon Valley, California, USA.

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