METHUEN, MA and OTTAWA, ON, April 16 /CNW Telbec/ - SiGe Semiconductor
today announced the appointment of Sohail Khan as president and chief
executive officer. Khan will lead SiGe Semiconductor in its next stage of
development, as the company expands its position as a leading supplier of
RF front-end solutions and GPS receivers to the consumer electronic markets.
SiGe Semiconductor is a global supplier of RF front-end solutions for
next-generation wireless systems. The company's portfolio includes patented
technology that enables wireless data and navigation capability in laptop PCs,
PDAs, handheld game machines, cell phones and personal video players. The
company has delivered award winning products compliant to the Wi-Fi, WiMAX,
Bluetooth, GPS and Galileo standards to some of the leading names in consumer
electronics. SiGe Semiconductor has experienced dramatic revenue growth over
the past several years, including a 55 percent increase from $31.8 in 2005 to
over $49 million in 2006.
"We'd like to welcome Sohail to the helm of SiGe Semiconductor," said Pat
DiPietro, managing general partner, VenGrowth Capital Partners, Inc. "SiGe has
established itself with innovative technology, excellent customer traction and
increasing sales revenues. Sohail is the ideal candidate to build on this
position and take the company through its next stage of development. He has an
impressive track record capitalizing on key market opportunities and
maximizing profitability, as well as an in-depth of understanding of SiGe's
technology and customers that is critical to taking the company to the
forefront of the market."
"I am pleased to join the management team at SiGe Semiconductor. The
company presents an exciting professional opportunity as one of the few
private wireless semiconductor companies to successfully compete against much
larger rivals in the consumer electronic marketplace. The company has
outstanding technology and is very close with its customers," said Khan. "I
look forward to building on the company's strong foundation of leading
technology and hope to expand our market share in wireless applications."
Sohail Khan has more than 25 years of experience in the communications
and semiconductor industry, with a track record of building large, successful
global businesses, creating new products, and developing new markets. Khan
comes to SiGe Semiconductor from Bessemer Venture Partners, where he served as
an entrepreneur in residence and operating partner, responsible for evaluating
communications deals and providing assistance to portfolio companies.
Previously, he helped to execute Agere's IPO spin-out, and held the positions
of executive vice president of Infrastructure Systems and chief strategy and
development officer. Khan increased the company's profitability through
expanding market share and entering new markets through acquisition. During
his career, Khan served as president of Lucent's Integrated Circuits -
Microelectronics division, where he grew the company's market position in
cellular handsets and base stations through collaboration with some of the
industry's leading names in this segment. Khan has also held various
management positions at NEC Electronics, Intel and the National Engineering
Services of Pakistan.
Sohail sits on the board of directors for both LightPath Technologies, a
public company traded on NASDAQ, and GainSpan Corporation, a venture funded
private company. Sohail holds a master of business administration from the
University of California at Berkeley, and a bachelor of science in electrical
engineering from the University of Engineering in Lahore, Pakistan.
About SiGe Semiconductor, Inc.
SiGe Semiconductor, Inc. is a leading global supplier of RF front-end
solutions for next-generation wireless systems. SiGe's products enable the
addition of wireless data and navigation capability in laptop PCs, PDAs,
handheld game machines, cell phones and personal video players. The company's
solutions are also compliant with standards such as WiFi, WiMAX, GPS, Galileo,
GSM and UMTS and offer exceptional performance for consumer products. SiGe
operates worldwide and penetrates the Far East through its five key sites and
About SiGe Semiconductor's Lead-Free Initiative
The use of lead in the design and manufacture of electronic products is
an increasing environmental concern. In support of industry-wide initiatives
to protect the environment, all SiGe Semiconductor, Inc. products we ship
today are lead-free and RoHS compliant.
Forward Looking Statements
This news release may contain certain forward-looking statements. All
statements, other than statements of historical fact, included herein are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Forward-looking statements are based on the estimates and
opinions of management on the date the statements are made, and SiGe
Semiconductor, Inc. does not undertake an obligation to update forward-looking
statements should conditions or management's estimates or opinions change.
Wi-Fi(R) is a trademark of the Wi-Fi Alliance. Bluetooth and the
Bluetooth logos are trademarks owned by Bluetooth SIG, Inc., U.S.A. and
licensed to SiGe Semiconductor. All other trademarks are the property of their
For further information:
For further information: Press/Ottawa: Bev Hemish, SiGe Semiconductor,
(613) 820-9244, email@example.com; Press/America: Tiana Dixon, HIPR, Inc., (503)
222-1257, firstname.lastname@example.org; Press/Europe: Peter van der Sluijs, Neesham, +44
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Ltd, (852) 2168 0870, Claire@techworksasia.com