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Amid Global Expansion, Altair Semiconductor Appoints New VP of Worldwide Sales and New VP of Business Development

September 5, 2012

HOD HASHARON, Israel, September 5, 2012 /PRNewswire/ –

Altair Semiconductor (http://www.altair-semi.com), a leading developer of
ultra-low power, small footprint and high performance 4G LTE chipsets
[http://altair-semi.com/products/fourgee-31006200 ], today announced expansion of its
management team, the appointment of Chee W. Kwan as Vice President of Worldwide Sales and
Uri Yaffe as Vice President of Business Development.

The announcement comes as Altair significantly expands its global activities and
increases chipsets volumes shipping to India, Europe, Asia Pacific and the U.S.

“Chee and Uri join Altair as we seek to expand our global footprint and build new
partnerships to deliver first-class LTE solutions,” said Oded Melamed, CEO of Altair
Semiconductor. “Their vast industry knowledge and experience will serve Altair well as we
move ahead with our global growth strategy and we are very pleased to welcome them to our
team.”

Kwan brings more than 27 years of industry experience to the position, having most
recently served as the Vice President of Worldwide Marketing and Sales at BroadLight Inc.,
a company acquired by Broadcom in April 2012. Prior to BroadLight, he served as CEO of
Siimpel Corporation, a MEMS semiconductor company acquired by Tessera Corporation in 2010.
He was previously the Senior Vice President and General Manager of Conexant System Inc.’s
wireless business unit and held various senior management roles in product marketing and
technology development while at Conexant Systems.

Yaffe, with more than 20 years of experience as a C-Level executive, previously
founded and served as the CEO of Cellular Bridge, a business development and consulting
company focused on the telecom and Internet industries. He also served as Co-CEO of e-Sim,
which was acquired by Sky MobileMedia’s in 2007. Following the acquisition he served as VP
of Worldwide Sales for Sky MobileMedia.

Over the last year, Altair has rapidly expanded its presence around the world, opening
regional offices in India, while increasing operations in the U.S., Germany, China and
Taiwan.

About Altair Semiconductor

Altair Semiconductor is the world’s leading developer of ultra-low power, small
footprint and high performance 4G semiconductors. Altair’s chipsets can be found in
approximately 30 end-user devices – ranging from USB dongles to smartphones – built by its
more than 15 customers across North America, Europe, China, India and Taiwan – making it
one of the only TDD/FDD LTE chipset manufacturers in the world with commercially available
products. Altair’s comprehensive product portfolio includes baseband processors,
multi-band RF transceivers for both FDD and TDD bands, and a range of reference hardware
and product level protocol stack software. Based on a novel, proprietary Software Defined
Radio (SDR) processor, codenamed “O[2]P(TM)”, Altair’s products are the smallest and most
highly power optimized in the industry, offering an unmatched combination of flexibility
and performance. For more information, visit the company’s website at
http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi
[http://twitter.com/AltairSemi ]

        Media Contact:

        Finn Partners Israel for Altair Semiconductor
        Matthew Krieger
        +972-544-676-950
        matthew@finnpartners.co.il

SOURCE Altair Semiconductor


Source: PR Newswire