SOURCE: STATS ChipPAC

STATS ChipPAC

April 23, 2012 05:30 ET

STATS ChipPAC Appoints Pasquale Pistorio as Director

SINGAPORE - 23/4/2012, UNITED STATES--(Marketwire - Apr 23, 2012) - STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (SGX-ST: STATSChP), a leading semiconductor test and advanced packaging service provider, today announced the appointment at its Annual General Meeting of Pasquale Pistorio as a member to its Board of Directors with immediate effect.

"We are pleased to have Pasquale Pistorio join the STATS ChipPAC Board. He is a distinguished veteran of the semiconductor industry and has a wealth of experience in and knowledge of the semiconductor and electronics industries. His broad management and industry experience will add significant strength to our Board," said Charles Wofford, Chairman of STATS ChipPAC.

Mr. Pasquale Pistorio has been Honorary Chairman of STMicroelectronics group of companies since 2005. He served as the President and Chief Executive Officer of SGS Microelectronica from 1980 until 1987. In May 1987, he led the successful integration of SGS Microelectronica with Thomson Semiconducteurs, forming STMicroelectronics. He became President and Chief Executive Officer of the newly formed STMicroelectronics and served in that capacity until 2005. Mr. Pistorio has more than 39 years of experience in the semiconductor industry.

Mr. Pistorio has received honorary degrees from the University of Genova, the University of Malta, the University of Pavia, the University of Catania, the University of Palermo, and the University of Sannio, Benevento. He holds an Electronics degree in Electrical Engineering from the Polytechnic of Turin.

About STATS ChipPAC Ltd.
STATS ChipPAC Ltd. is a leading service provider of semiconductor packaging design, assembly, test and distribution solutions in diverse end market applications including communications, digital consumer and computing. With global headquarters in Singapore, STATS ChipPAC has design, research and development, manufacturing or customer support offices in 10 different countries. STATS ChipPAC is listed on the SGX-ST. Further information is available at www.statschippac.com. Information contained in this website does not constitute a part of this release.

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