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MXIC Macronix International CO. Ltd ADS (MM)

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Share Name Share Symbol Market Type
Macronix International CO. Ltd ADS (MM) NASDAQ:MXIC NASDAQ Common Stock
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Macronix Appoints Chih-Yuan Lu as President

31/07/2007 11:09am

PR Newswire (US)


Macronix International CO. Ltd ADS (MM) (NASDAQ:MXIC)
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HSINCHU, Taiwan, July 31 /Xinhua-PRNewswire-FirstCall/ -- -- Miin Wu will continue as Chairman and CEO of Macronix -- Chih-Yuan Lu brings extensive industry expertise and managerial experience to his position as President Macronix International Co., Ltd. (Nasdaq: MXIC; TSEC: 2337) today announced that it has appointed Chih-Yuan Lu as President of Macronix. Miin Wu will continue his duties as executive chairman of the company. These changes are effective immediately. Chairman Wu said, "I am delighted to have Mr. Lu lead the company as it continues its strategic turnaround and his experience and expertise give me great confidence in his ability to do so. I will remain fully involved as Chairman of the Company, and will direct my focus Macronix's strategic positioning." Chih-Yuan Lu has over three decades of experience in the semiconductor industry and has received numerous awards and accolades for his research and development achievements. Prior to his promotion to President, Chih-Yuan Lu served as Senior Vice President from 2003 until 2007 and as Chief Technology Officer from 1999-2003 of Macronix International. Lu also serves as Chairman of Ardentec Corporation and Chairman, Semiconductor Committee, Ministry of Economics Affairs, at ROC. He held various senior positions at Vanguard International Semiconductor Corporation from 1994-1999, at ERSO/ITRI from 1989-94, and at AT&T-Bell Labs, U.S.A. from 1984-89. He also served as a Visiting Professor, North Carolina State University in Raleigh, N.C. and as Adjunct Research Staff, Microelectronic Center of North Carolina (MCNC) at Research Triangle Park, N.C. from 1983-84. He was President, "Science Monthly" Magazine Society from 1978-83 and Professor (1981-83) and Associate Professor (1977-81) at National Chiao-Tung University, Taiwan, ROC. Safe Harbor Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995 The news release contains forward-looking statements, as defined in the Safe Harbor Provisions of the United States Private Securities Litigation Reform act of 1995. These forward-looking statements, including the statements generally can be identified by phrases such as Macronix or the Company "believes", "expects", "anticipates", "foresees", "forecasts", "estimates" or other words or phrases of similar import. Similarly, such statements describe the Company's business outlook, financial highlights and the projections of capacity expansions. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be attained. A description of certain risks and uncertainties, which could cause actual results to differ materially from those indicated in the forward-looking statements can be found in the section captioned " Risk Factors" in the Company's 2005 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on July 2, 2007. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. About Macronix International Co., Ltd. Founded in 1989, Macronix International Co., Ltd. (TSE:2337) ( NASDAQ: MXIC) is a leading provider of innovative Non-Volatile Memory (NVM) solutions. Macronix is the largest worldwide manufacturer of ROM products, and also provide wide range of NOR Flash products across various densities for system embedded, consumer, communication and enterprise applications. For more information, please visit the Company's web site at http://www.macronix.com/ . Contacts: Michelle Chang Macronix International Co., Ltd. Public Relations Tel: +886-3-578-6688 ext. 71233 Email: Douglas Sun Macronix International Co., Ltd. Finance Center Tel: +886-3-578-6688 ext. 76632 Email: Investor Relations (NY): Delia Cannan, Director Taylor Rafferty 205 Lexington Avenue 8th Floor New York, NY 10016 Tel: +1-212-889-4350 Email: http://www.taylor-rafferty.com/ Investor Relations (HK): Ruby Yim, Managing Director Taylor Rafferty 3213 Cosco Tower 183 Queen's Road Central Hong Kong Tel: +852-3196-3712 Email: http://www.taylor-rafferty.com/ DATASOURCE: Macronix International Co., Ltd. CONTACT: Michelle Chang , +886-3-578-6688 ext. 71233, ; Douglas Sun, +886-3-578-6688 ext. 76632, , both of Macronix; Delia Cannan (New York), +1-212-889-4350, ; Ruby Yim (Hong Kong), +852-3196-3712, , both of Taylor Rafferty Web site: http://www.macronix.com/

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