ASAT Holdings Limited News
ASAT Holdings Appoints Jeffrey Osmun as Its New President
The Company also announced that
Mr. Osmun brings to ASAT almost 20 years of semiconductor industry sales experience, including seven years at assembly and test provider STATS ChipPAC where he most recently served as Corporate Vice President of Worldwide Sales and Marketing. During this period, Mr. Osmun served as a key member of the leadership team responsible for the integration of ST Assembly Test Services Ltd. and ChipPAC in 2004, while at the same time leading the combined marketing, customer service and technical sales support organizations.
"Jeff brings a proven record of success in managing global sales organizations in the semiconductor and assembly and test industries. I am pleased that a person of his caliber has agreed to join our executive team charged with leading the next phase of ASAT's growth," said Mr. Li.
In addition to his experience at STATS ChipPAC, Mr. Osmun most recently served as Corporate Vice President of Sales and Marketing at White Electronic Designs, an
"ASAT is rebuilding a prominent position in the outsourced assembly and test industry by leveraging its expanding customer base, world-class customer service, leading-edge product platform and state-of-the-art manufacturing center in
Mr. Osmun holds a Bachelor of Science degree in Mechanical Engineering from
About ASAT Holdings Limited
ASAT Holdings Limited is a global provider of semiconductor package design, assembly and test services. With 19 years of experience, the Company offers a definitive selection of semiconductor packages and world-class manufacturing lines. ASAT's advanced package portfolio includes standard and high thermal performance ball grid arrays, leadless plastic chip carriers, thin array plastic packages, system-in-package and flip chip. ASAT was the first company to develop moisture sensitive level one capability on standard leaded products. Today the Company has operations in
Safe Harbor
This news release contains statements and information that involve risks, uncertainties and assumptions. These statements and information constitute "forward-looking statements" within the meaning of federal securities laws including Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that could cause the actual performance, financial condition or results of operations of ASAT Holdings Limited to differ materially from those expressed or implied in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those contained in these statements as a result of a variety of factors, including the risk that we will not be able to locate and retain suitable people for our middle and senior management, the risk that we may not be able to maintain our improving position within the test and assembly industry due to conditions in the overall semiconductor market and economy, the need for additional funding and the risk that financing may not be obtained, our ability to maintain or improve our manufacturing quality and those risks, uncertainties, assumptions and other factors stated in the section entitled "Risk Factors" in our Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on
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