IQE announces two key strategic appointments

28 August 2009

Cardiff, August 28th 2009: IQE, the leading supplier of contract Epitaxial wafer growth services for the Optoelectronic, Solar, and Solid-State (LED) lighting industries is pleased to announce the appointments of Kent Wardley as Director of Wireless Product Sales (US) and Walter Wohlmuth as Director of New Technologies (US).

Kent has over 20 years Business Development, Sales and Marketing experience within blue chip technology companies including Hewlett Packard, Epitaxx and Wireless Telecom Group. His most recent role was VP Sales for Ezuiro, acquired by Laird Technologies. Kent will be based in New Jersey and responsible for expanding the IQE’s significant wireless business in the US and Canada in order to further increase the group’s market share.

Walter brings to IQE a wealth of experience of advanced semiconductor material design gained across a range of market sectors including digital, wireless technology and solar cells at companies including TriQuint Semiconductor, RF Micro Devices and First Solar. He will be responsible for expanding IQE’s business in the US and Canada in the areas of solar and wireless epitaxial materials.

These two engagements follow the announcement in July regarding the appointment of Brian VanOrsdel as Director of North American Sales and Strategic Accounts for its optoelectronic Product Portfolio.

IQE’s comprehensive wireless portfolio includes a wide range of wireless, solar and opto epi-wafer products grown by MBE and MOCVD at IQE’s manufacturing sites in Asia, Europe and the USA.


Contacts:

TECHNICAL/SALES

US wireless sales: Kent Wardley, +1 732 271 5990, email: kwardley@iqep.com
US opto sales: Brian VanOrsdel, +1 212 724 2212, email: bvanorsdel@iqep.com


PRESS / INVESTORS
IQE
Chris Meadows
Drew Nelson
tel: +44 29 2083 9400
email: investors@iqep.com

  
Note to Editors

IQE is the leading global supplier of advanced semiconductor wafers with products that cover a diverse range of applications, supported by an innovative outsourced foundry services portfolio that allows the Group to provide a 'one stop shop' for the wafer needs of the world's leading semiconductor manufacturers.

IQE uses advanced crystal growth technology (epitaxy) to manufacture and supply bespoke semiconductor wafers ('epi-wafers') to the major chip manufacturing companies, who then use these wafers to make the chips which form the key components of virtually all high technology systems. IQE is unique in being able to supply wafers using all of the leading crystal growth technology platforms.

IQE's products are found in many leading-edge consumer, communication, computing and industrial applications, including a complete range of wafer products for the wireless industry, such as mobile handsets and wireless infrastructure, Wi-Fi, WiMAX, base stations, GPS, and satellite communications; optical communications, optical storage (CD, DVD), laser optical mouse, laser printers & photocopiers, thermal imagers, leading-edge medical products, barcode, ultra high brightness LEDs, a variety of advanced silicon based systems and high efficiency concentrator photovoltaic (CPV) solar cells.

The manufacturers of these chips are increasingly seeking to outsource wafer production to specialist foundries such as IQE in order to reduce overall wafer costs and accelerate time to market.

IQE also provides bespoke R&D services to deliver customised materials for specific applications and offers specialist technical staff to manufacture to specification either at its own facilities or on the customer's own sites. The Group is also able to leverage its global purchasing volumes to reduce the cost of raw materials. In this way IQE's outsourced services, provide compelling benefits in terms of flexibility and predictability of cost, thereby significantly reducing operating risk.

IQE operates six manufacturing facilities located in Cardiff (two) and Milton Keynes in the UK; in Bethlehem, Pennsylvania and Somerset, New Jersey in the USA; and Singapore. The Group also has 11 sales offices located in major economic centres worldwide.