TSI Semiconductors Appoints New CEO

                     TSI Semiconductors Appoints New CEO

Sagar Pushpala to Lead Expansion of TSI's Technology Development and Foundry
Operations

PR Newswire

ROSEVILLE, Calif., April 15, 2013

ROSEVILLE, Calif., April 15, 2013 /PRNewswire/ -- TSI Semiconductors, LLC, a
world-class specialty foundry offering flexible technology development and
manufacturing services, today announced that Sagar Pushpala has been named its
new CEO. Pushpala, who was most recently with Khosla Ventures and brings more
than 25 years of experience managing technology development and supply-chain
operations at leading analog and mixed-signal companies, will lead TSI as it
expands its operations and R&D capabilities in the Silicon Valley area and
around the world. In addition, today TSI also announced several new additions
to its executive team.

TSI, formerly Telefunken Semiconductors International, is focused on providing
its customers – from small startups to multi-billion dollar corporations –
services with a personal touch. Located in close proximity to its customers'
design and engineering teams, TSI intends to drive innovation closer to home
by enabling customers to develop unique technologies and IP onsite with its
advanced fab equipment. TSI also offers greater flexibility than traditional
foundries, enabling customers to choose from off-the-shelf solutions, port
technology from other wafer fabs or jointly develop technology in partnership
with expert technologists in TSI's R&D organization, Technology, Development &
Commercialization Services (TDCS).

"Having previously been on the customer end of the technology development and
manufacturing process in the analog and mixed-signal space, I know how
important it is to have a strong working relationship with a foundry partner,"
said Pushpala. "TSI's model, which encourages close engagement with its
customers and brings technology development and manufacturing closer to home,
is a key differentiator and a strong foundation for the company's growth. I
look forward to nurturing the environment for innovation that TSI has created
and working with the newly appointed executive team to achieve our goals."

Pushpala's wide-ranging experience — from technology development to
manufacturing —gives him a well-rounded view on how to innovate, adapt to
environments and serve customers that are on the leading edge of technology.
For more than a quarter century, Pushpala has held executive and senior-level
operations, engineering and technology management positions at such analog
mixed-signal companies as Intersil, Maxim Integrated Products, National
Semiconductor, Saratoga Semiconductor and Advanced Micro Devices. Most
recently an operating partner at Khosla Ventures, he continues to serve in
board and advisory roles for many system and medical device companies. In
addition, he has held board positions in various industry consortiums,
including the Global Semiconductor Alliance (GSA) and the Fab Owners
Association (FOA).

"Sagar has an impressive background, with deep experience and an intellectual
curiosity about what businesses need to do to succeed," said Michael Gontar,
chairman of TSI and chief investment officer and a director at Wafra Capital
Partners Inc. "With his strong knowledge of the semiconductor industry and a
wide network, Sagar is ideally suited to drive the company's growth
strategically and lead the strong team we have put into place."

About TSI Semiconductors, LLC
TSI Semiconductors, LLC is a world-class, specialty foundry offering flexible
technology development and the highest industry quality manufacturing
solutions for projects ranging from the smallest to very large lot sizes. With
its 8-inch fabrication plant in Roseville, Calif., and 6-inch fabrication
facility in Heilbronn, Germany, TSI can manufacture in a large array of
versatile processes that include analog/mixed-signal, deep-submicron,
high-voltage BCDMOS, including SOI for power management applications, and
solutions such as novel materials structures and devices. Technology
Development & Commercialization Services (TDCS), TSI's research and
development organization, provides dedicated fab equipment to enable customers
to manage their own development activities. For more information, visit
www.tsisemi.com.

SOURCE TSI Semiconductors, LLC

Website: http://www.tsisemi.com
Contact: Theresa Maloney, Cogenta Communications, +1-415-225-5261,
tsi@cogentacom.com
 
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