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DenseLight Semiconductors announces key appointments in management team Singapore, 20 January 2003 - DenseLight Semiconductors Private Limited ("DenseLight") is pleased to announce today the appointment of three key positions in the company’s management team. Mr. Gerard William Rodrigues is now Chairman of DenseLight’s Board of Directors, Mr. Hin-Lee Ng joins as DenseLight’s Chief Financial Officer, and Dr. Sunil B. Phatak joins as DenseLight’s Vice President of Technical Marketing. Mr. Rodrigues brings more than 30 years of management experience, holding leadership positions in technology companies such as Texas Instruments, ITT Electronic Components, Data General Singapore, and Gul Technologies Singapore. Most recently, Mr. Rodrigues was the President and Chief Executive Officer of Gul Technologies Singapore, which was formed through the management buyout of Data General’s PCB operations, headed by Mr. Rodrigues in 1988. As DenseLight’s new Chairman, Mr. Rodrigues is upbeat about the company’s transition from a local firm based in Singapore to a global company serving many huge markets. To globalise the company, Mr. Rodrigues believes that besides excellent R&D, responsible corporate governance, and technical prowess, the company also needs to focus on offering a competitive edge through strong value creation in the marketplace, and a reputation for low-cost, high-performance products. "Being based in Singapore holds many advantages," said Mr. Rodrigues, "we have a competitive cost structure, an excellent pool of talent, and a long history in manufacturing that will take us to the global stage. As DenseLight progresses, its brand name will increasingly be associated with exceptional customer value and high quality products that satisfy customers worldwide." Besides serving as DenseLight’s Chairman, Mr. Rodrigues is also the Director of Manufacturing Integration Technology Limited, which manufactures back-end semiconductor equipment. He has been a Council Member of the Singapore Confederation of Industries since 1998, and was a Board Member of the Economic Development Board, a Statutory Board of the Ministry of Trade and Industry of Singapore. DenseLight’s new CFO, Hin-Lee, brings more than 20 years of experience in key financial and managerial positions, and was most recently Executive Director and CFO of Gul Technologies Singapore. In the earlier part of his career, he held several managerial positions in audit and credit administration with KPMG and Banque Paribas (Singapore), and was Financial Controller of Data General HK Ltd. Hin-Lee’s broad field of experience ranges from preparing company for IPO listing, acquisition of Accudyne, a U.S. based PCB prototyping company in North Carolina, to technology collaboration and setting up of a joint venture with Teledyne Technologies. The joint venture resulted in the creation of the first manufacturer in Asia outside Japan, which specializes in Rigid-Flex PCB. His experience includes also the set up of Gul Technologies’ subsidiary manufacturing base in Suzhou Industrial Park in 1998, and he is now also a Board Member of the China Suzhou Industrial Park Boai School. "DenseLight is well-placed to take advantage of the growth potential of an exciting niche sector," said Hin-Lee. "In addition to being at the forefront of the photonics business, the company is also forging new and important milestones in increasing sales, and expanding its market. I am excited with these developments and the prospects of the company, and am look forward to being part of the senior management team." Commenting on the appointment, Bill Diamond, CEO, said, "Hin-Lee has the ideal background to lead DenseLight’s financial function. He has demonstrated a record of success working in capital markets and the investment community, developing solid internal reporting processes and controls, and building a strong finance team. Moreover, he has a strong background in electronics and technology, all part of the key ingredients for success in our organization." Vice President of Technical Marketing, Dr. Sunil B. Phatak brings more than twenty years of optical networking experience prior to joining DenseLight, mostly with AT&T and Lucent Technologies,. Before AT&T, Sunil worked at ITT Electro Optical Products. His extensive experiences ranges from optical components to network systems and architectures, and has held several leadership positions in R&D, Product Realization, and Sales & Marketing. "DenseLight’s innovative platforms solve key integration challenges vexing network designers, and address critical cost issues at this stage of the industry," said Sunil. "The strong customer validation that DenseLight has received to date proves that a significant market opportunity exists. Our challenge is to establish appropriate marketing programs and deliver the key customer relationships necessary to realize our full market potential." Dr. YeeLoy Lam, DenseLight’s co-founder and CTO, agreed, "Sunil brings with him a critical wealth of experience in our industry, and we are indeed delighted to have Sunil steering our technical marketing programs at this stage of our development. We look forward to working closely with Sunil in developing new products and technologies, that not only caters for customers’ impending requirements but also future network migration." Sunil is stationed in the USA to serve DenseLight’s customers in North America and Europe. He can be contacted at 215 702-7561 direct, 267 994-2487 cell, or phatak@denselight.com About DenseLight Semiconductors: DenseLight Semiconductors is a leading developer and manufacturer of Indium-Phosphide (InP) based active optoelectronic chips and photonic integrated circuits (PICs) for telecom, datacom, defense and instrumentation applications. DenseLight’s technology enables multiple optical function integration providing compact low-cost high-performance solutions for its customers. DenseLight Semiconductors was founded in 2000 and is headquartered in Singapore. The company will be exhibiting at Photonics West 2003 at San Jose Convention Center from Jan 27-30, 2003 at Booth #5084. For more information about the company, please visit: www.denselight.com. For more enquiries about this press release, please contact: Sock-Ping Chua, Marcom Executive, Tel +65 6415-7989, Fax +65 6415-4414, Email: sockping@denselight.com # # # |
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