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

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
    [email protected]

    Investor Relations Contact
    Olivier Brice
    +33(0)4-76-92-93-80
    [email protected]

    French Media Contact
    Muriel Martin, H&B Communication
    +33(0)1-58-18-32-44
    [email protected]

SOURCE Soitec

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