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Soitec Strengthens Industrial Operations Team With the Nomination of Francis Taroni

September 9, 2010

BERNIN, France, September 9, 2010 /PRNewswire-FirstCall/ — Soitec
(Euronext Paris), the world’s leading supplier of silicon-on-insulator (SOI)
and advanced solutions for the electronics and energy industries, announced
today that the company has appointed Francis Taroni to the position of Senior
Vice President, Industrial Operations. In keeping with the group’s continuing
growth and expanding operations, Taroni will develop and implement the most
appropriate industrial organization for the development of Soitec, which is
renowned for its strong high-volume production capabilities.

A graduate of the Ecole Francaise de Radioelectricite, d’Electronique et
d’Informatique, Francis Taroni (52) has worked in the semiconductor industry
for his entire professional career. He began in 1982 at IBM, where his
responsibilities included various management roles in France and the United
States
. More recently, Francis Taroni has successively held posts as Chief
Technology Officer and Chief Operating Officer at Altis Semiconductor.

The appointment of Francis Taroni reflects the desire of Soitec to
further strengthen its management team whilst the group pursues its
development strategy in electronics as well as in the promising area of
large-scale power supply.

“We are delighted to welcome a high class executive like Francis Taroni into our group. With his successful international background and his in-depth
knowledge of the industry, he will bring the experience and vision we need to
deploy our industrial strategy, supporting the demands of our clients and the
growing needs of the market,” said Paul Boudre, Soitec’s Chief Operating
Officer.

About the Soitec Group

The Soitec Group is the world’s leading innovator and provider of the
engineered substrate solutions that serve as the foundation for today’s most
advanced microelectronic products. The group leverages its proprietary Smart
Cut(TM) technology to engineer new substrate solutions, such as
silicon-on-insulator (SOI) wafers, which became the first high-volume
application for this proprietary technology. Since then, SOI has emerged as
the material platform of the future, enabling the production of higher
performing, faster chips that consume less power.

Today, Soitec produces more than 80 percent of the world’s SOI wafers.
Headquartered in Bernin, France, with two high volume fabs on-site, Soitec
has offices throughout the United States, Japan and Taiwan, and a new
production site in Singapore.

Three other divisions, Picogiga International, Tracit Technologies and
Concentrix Solar, complete the Soitec Group. Picogiga delivers advanced
substrates solutions, including III-V epiwafers and gallium nitride (GaN)
wafers, to the compound material world for the manufacture of high-frequency
electronics and other optoelectronic devices. Tracit, on the other hand,
provides thin-film layer transfer technologies used to manufacture advanced
substrates for power ICs and Microsystems, as well as generic circuit
transfer technology , Smart Stacking for applications such as image sensors
and 3D-integration. In December 2009, Soitec acquired 80% of Concentrix
Solar, the leading provider of concentrated photovoltaic (CPV) solar systems
for the industrial production of energy. With this acquisition, Soitec is
entering the fast-growing solar industry; capturing value through the system
level.

Shares of the Soitec Group are listed on Euronext Paris.

For more information, visit http://www.soitec.com. Soitec, Smart Cut,
Smart Stacking and UNIBOND are trademarks of S.O.I.TEC Silicon On Insulator
Technologies.

    International Media Contact

    Camille Darnaud-Dufour
    +33(0)6-79-49-51-43
    camille.darnaud-dufour@soitec.fr

    Investor Relations
    Olivier Brice
    +33(0)4-76-92-93-80
    olivier.brice@soitec.fr

    French Media Contact
    Muriel Martin, H&B Communication
    +33(0)1-58-18-32-44
    m.martin@hbcommunication.fr

SOURCE Soitec


Source: newswire



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