Vimicro Announces the Hiring of Jimmy Dong as Chief Controller and the
Appointment of David Tang as Chief Strategy Officer
BEIJING, April 3, 2013
BEIJING, April 3, 2013 /PRNewswire-FirstCall/ -- Vimicro International
Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading PC-camera
processor and IP-based surveillance solution provider, today announced the
hiring of Jimmy Dong CPA, as Chief Controller to lead our finance team,
effective April 1, 2013. The Company also appointed David Tang as the
Company's Chief Strategy Officer in charge of investment, investor relations
and strategic business development activities in order to optimize the
responsibilities among our senior management. After assuming his new role,
David Tang will no longer serve as Chief Financial Officer of the Company.
Mr. Dong is a member of the American Institute of Certified Public Accountants
(AICPA) and the Chinese Institute of Certified Public Accountants (CICPA) and
is also a Certified Management Accountant (CMA). His extensive accounting
background includes more than 12 years' experience at several listed companies
and international audit firms. Before joining Vimicro, Mr. Dong served as a
financial controller at NYSE-listed TRW Automotive Holdings, where he was
responsible for the administration and management of the operations of
regional business units. Prior to that, he worked at NASDAQ-listed Globe
Specialty Metals, Inc., where he served as a China senior financial manager.
Before that, Mr. Dong worked as a senior auditor in the Beijing offices of
both Deloitte International and Ernst & Young International. Prior to that, he
was a finance and assistant audit manager at Hong Kong-listed Shenhua Group
Corporation Limited. Mr. Dong earned a bachelor's degree in financial
management from the Capital University of Economics and Business in China.
"We are excited to welcome Mr. Dong to Vimicro's finance team and we look
forward to leveraging his extensive accounting and financial management
experience. We expect his strong background to be a valuable asset and make a
substantial contribution to Vimicro's audit, reporting, and financial-filing
functions. We are also pleased to announce David Tang's appointment as Chief
Strategy Officer to help guide the Company in new strategic directions,"
commented Dr. John Deng, Vimicro's Chief Executive Officer.
About Vimicro International Corporation
Vimicro International Corporation is a leading multimedia semiconductor and
solution provider that designs, develops and markets mixed-signal
semiconductor products and system-level solutions that enable multimedia
capabilities in a variety of products for PC/Notebook, consumer electronics
and surveillance markets. Vimicro is aggressively expanding business into the
surveillance market with system-level solutions and semiconductor products to
capitalize on China's domestic demand. Vimicro's ADSs, each of which
represents four ordinary shares, are currently trading on the NASDAQ Global
Market under the ticker symbol "VIMC."
Company Contact: Investor Contact:
Vimicro International Corporation CCG Investor Relations
Mr. David Tang, Chief Strategy Officer Mr. John Harmon, CFA, Sr. Account
Phone: +86 (10) 6894 8888 ext. 8811
Phone: +86 (10) 8573 1014 (Beijing)
Ms. Serena Zhang, Investor Relations
Assistant Mr. Roger Ellis, Senior Partner & SVP
Phone: +86 (10) 6894 8888 ext. 7552
Phone: +1 (310) 954-1332 (Los Angeles)
SOURCE Vimicro International Corporation
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