O2Micro Elects Dr. Zhuoping Yu to Board of Directors
GEORGE TOWN, Grand Cayman, June 27, 2013 (GLOBE NEWSWIRE) -- OMicro^®
International Limited (Nasdaq:OIIM), a global leader in the design,
development and marketing of high-performance integrated circuits and
solutions, today announced the election of Dr. Zhuoping Yu to its Board of
Dr. Yu brings more than twenty years of experience in the automotive and
technology industries to the position. He currently serves as a professor at
Tongji University in Shanghai, China, where he is dean of the school's
automotive department. Dr. Yu is on the board of directors at SAIC Motor
Corporation Limited in Shanghai, China.
"We are extremely pleased to welcome Dr. Yu as a member of OMicro's Board
of Directors," said Sterling Du, chairman and CEO of OMicro. "His
experience in the development of energy efficiency and new energy vehicles
will provide valuable insight to OMicro's board as we continue to expand
the scope and impact of power and battery management products and technology,
improving and enhancing people's lives around the world."
Previously, Dr. Yu was employed at the Automotive Research Institut in
Technical University Braunschweig, Germany; the research and development
department of Volkswagen Group, and the automotive institute of the Technical
University Darmstadt. He is the leader of Chang Jiang Scholars and Innovation
Team for energy efficiency and environmental initiatives, and is the chief
scientist of the National Basic Research Program in China (a.k.a. the "973
Program"). He also holds the following posts in China: vice president of the
Executive Council of SAE-China; Chairman of the Commission on Technology of
FISITA 2012; vice president of the executive council of China Auto Talents
Society; member of the Science and Technology Commission in the Ministry of
Education; member of the MOST experts related to Energy Efficient & New Energy
Vehicles; and member of the New Energy Vehicle Program acceptance committee.
Founded in April 1995, OMicro develops and markets innovative power
management components for the Computer, Consumer, Industrial, Automotive and
Communications markets. Products include LED General Lighting, Backlighting,
Battery Management and Power Management.
OMicro International maintains an extensive portfolio of intellectual
property with 23,182 patent claims granted, and over 25,000 more pending. The
company maintains offices worldwide. Additional company and product
information can be found on the company website at www.o2micro.com.
OMicro, the OMicro logo, and combinations thereof are registered
trademarks of OMicro. All other trademarks or registered trademarks are the
property of their respective owners.
Statements made in this release that are not historical, including statements
regarding OMicro's or management's intentions, hopes, beliefs,
expectations, representations, projections, plans or predictions of the
future, are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements involve risks and
uncertainties that may cause actual results to differ materially from those
set forth in these statements. Factors that could cause actual results to
differ materially include risks and uncertainties such as reduced demand for
products of electronic equipment manufacturers which include OMicro's
products due to adverse economic conditions in general or specifically
affecting OMicro's markets, technical difficulties and delays in the
developments process, and errors in the products. You are also referred to the
Form F-1 in connection with the company's initial public offering in August
2000, Form F-3 in connection with the company's public offering in November
2001, and the annual reports on Form 20-F, which identify important risk
factors that could cause actual results to differ from those contained in the
forward-looking statements. The company assumes no obligation to update or
revise any forward-looking information, whether as a result of new
information, future events or otherwise.
CONTACT: Scott L. Anderson
Director of Investor Relations, O2Micro
Phone: 408.987.5920, x8888
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