SINGAPORE--(BUSINESS WIRE)-- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S" or the "Company") today announced Joyce Soo Li Lam will take on an expanded role as the Company's Principal Accounting Officer, effective July 1, 2014. Ms. Lam joined K&S on January 2, 2011 as Vice President and Corporate Controller and she will continue to hold her existing positions within the Company's finance organization. Jonathan Chou will be resigning as Principal Accounting Officer effective June 30, 2014, but will continue to serve as the Company's Chief Financial Officer and Senior Vice President. Ms. Lam will continue to report to Mr. Chou.

Mr. Chou remarked, "Since joining the company in 2011, Joyce has played a critical role in supporting key corporate initiatives such as simplifying the K&S business tax structure, improving the process for external reporting, and enhancing operational efficiency. I'm confident she will continue to drive operational improvements in her newly expanded role."

Prior to K&S, Ms. Lam has 25 years of experience in accounting, corporate compliance and controllership, which includes roles as the Head of Shared Services and APAC Controller at France Telecom (NASDAQ: ORAN) for the Orange Business Services Asia Pacific Regional Office, the Corporate Controller at Tyco (NYSE: TYC) Fire & Security (Asia Regional Office) and CFO at UTC (NYSE: UTX) Chubb Singapore Office. She holds a Master of Science in Financial Management from the University of London, a Bachelor of Accountancy from the National University of Singapore and is a qualified Chartered Accountant from the Institute of Chartered Accountants of England and Wales.

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 wedge bonding 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)

Kulicke & Soffa Industries, Inc.
Sheila Frese
Public Relations
P: +1-949-399-2930
F: +1-949-660-0444
sfrese@kns.com
or
Joseph Elgindy
Investor Relations & Strategic Planning
P: +1-215-784-7518
F: +1-215-784-6180
jelgindy@kns.com