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Kulicke & Soffa Appoints Chin Hu Lim as Independent Board Member

SINGAPORE --(BUSINESS WIRE)--Dec. 8, 2011--  Kulicke & Soffa Industries, Inc.  (NASDAQ: KLIC) (“K&S” or the Company”) announces the appointment of  Chin Hu Lim  to its Board of Directors. In addition, Mr. Lim will serve on the Company’s  Management Development & Compensation Committee .

Mr. Lim has over 28 years of experience in the information and communication industries. He currently serves as the Managing Partner of Stream Global Venture Catalyst Pte Ltd., a venture fund providing seed funding for start-up companies in the social media and interactive digital media space. He previously served as Chief Executive Officer of BT Frontline Pte Ltd., a subsidiary of British Telecom Group, and earlier served as Chief Executive Officer of Frontline Pte Ltd., a Singapore exchange listed company with operations in Asia Pacific, South East AsiaChina and India. Mr. Lim has also held various sales, marketing and management positions with Sun Microsystems and Hewlett-Packard.

Mr. Lim has served as a council member of the Singapore Infocomm Technology Federation, the IT Standards Committee and the National Infocomm Manpower Council. He was also a board member of the Infocomm Development Authority of Singapore. Mr. Lim is currently a board member for the Changi General Hospital and G-Able (Thailand) Ltd., a leading information technology services company in Thailand.

Mr. Lim holds a Bachelor of Electronics & Computer Science degree from La Trobe UniversityMelbourne, Australia and a Diploma in Electrical and Electronics Engineering from Ngee Ann Polytechnic, Singapore.

MacDonell Roehm, Chairman of the K&S Board of Directors, said, “The addition of Mr. Lim, with his expertise in the information and communication industries, finance and Asian markets, will make him a valued contributor to the K&S Board and management as we continue to evaluate new opportunities to further expand and grow our business.”

Mr. Lim said, “I am delighted to join the Board of K&S, a technology leader with a proud history of innovation, at this exciting time for the Company. I look forward to working with the Board and management to contribute towards the Company’s continued development in new markets.”

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is a global leader in the design and manufacture of semiconductor and LED assembly equipment. As a pioneer in this industry, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions, adding die and wedge bonders and a broader range of expendable tools to its core ball bonding products. Combined with its extensive expertise in process technology, K&S is well positioned to help customers meet the challenges of assembling the next-generation semiconductor and LED devices. (www.kns.com)

 

Source: Kulicke & Soffa Industries, Inc.

Kulicke & Soffa Industries, Inc.
Joseph Elgindy
Investor Relations
P: +1-215-784-7518
F: +1-215-784-6180
jelgindy@kns.com
or
Global IR Partners
David Pasquale
P:+1-914-337-8801
klic@globalirpartners.com

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