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Steve Longoria Joins Soitec as SVP of Worldwide Strategic Business Development to Drive FD-SOI Adoption

February 22, 2011

BERNIN, France, February 22, 2011 /PRNewswire-FirstCall/ — Soitec
(Euronext Paris), the world’s leading supplier of silicon-on-insulator (SOI)
and advanced solutions for the electronics and energy industries, today
announced the appointment of Steve Longoria to Senior Vice President
Worldwide Strategic Business Development. An industry veteran with extensive
experience and a proven track record primarily at IBM Microelectronics,
Longoria joins Soitec’s leadership team with responsibility for strategic
business development activities worldwide, to drive FD-SOI adoption. This
appointment comes at a very strategic time for the company, as the SOI
Industry Consortium recently announced the substantial advantages of FD-SOI
for next-generation mobile and consumer applications.

“With his extensive knowledge of the overall microelectronics business
and deep understanding of the role substrates play in chip design and
manufacturing, Steve Longoria is a perfect fit for our senior management
team,” says Paul Boudre, Chief Operating Officer of Soitec. “He has
consistently demonstrated sharp business development acumen and
organizational management skills in the context of an international senior
management team. This makes him an outstanding choice to drive the adoption
of our new FD-SOI platform for mobile consumer devices. As such, Steve will
also work closely with the SOI Industry Consortium and its members, as well
as foundries and the ‘fabless’ community.”

Longoria brings over 20 years of experience and success in sales,
engineering and management on the cutting-edge of technology, leading and
implementing complete technology product solutions. During his long career at
IBM, Longoria’s many roles included vice president of semiconductor
solutions, where he was responsible for the external semiconductor business
targeted at the infrastructure and consumer markets. Most recently he was VP
of Asia Pacific sales with NetLogic Microsystems.

Longoria holds a Bachelor of Science (B.S.) from Gonzaga University,
Spokane, Washington and a Master of Science (M.S.) from the University of
Wisconsin-Madison
.

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 Contact
    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