Bel Names Norman Yeung to Its Board of Directors
JERSEY CITY, N.J. -- July 30, 2013
BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) announced today that Norman
Yeung has been appointed to the company's Board of Directors. Mr. Yeung's
appointment increases the number of Board members to eight, including six
Daniel Bernstein, Bel's President and CEO, said, "Norman Yeung brings to our
Board more than 34 years of experience in the electronic components industry
in the Far East. A seasoned executive, Norman also founded and built two
successful electronics companies in China, where Bel does a great deal of its
business. We expect his knowledge and directly relevant industry experience to
be of great value as we pursue Bel's long term growth plan."
Norman Yeung, 59 years old, is the recently retired CEO of YEL Electronics
Hong Kong Ltd., an electronic components distributor in China which he founded
in 1992 and built into a US$300 million company. YEL Electronics was acquired
in 2008 by NYSE-listed Avnet, one of the world's largest distributors of
electronic components, computer products and technology services and
solutions. Formerly a board member and Corporate Vice President at AVX
Corporation, also an NYSE-listed electronic components company, Mr. Yeung
founded AVX subsidiary AVX Asia Ltd., and managed its growth into a US$200
Mr. Yeung holds a BSEE from UCLA. He resides in Hong Kong.
Bel (www.belfuse.com) and its divisions are primarily engaged in the design,
manufacture, and sale of products used in networking, telecommunications,
high-speed data transmission, commercial aerospace, military, transportation,
and consumer electronics. Products include magnetics (discrete components,
power transformers and MagJack^® connectors with integrated magnetics),
modules (DC-DC converters and AC-DC power supplies, integrated analog
front-end modules and custom designs), circuit protection (miniature, micro
and surface mount fuses) and interconnect devices (micro, circular and
filtered D-Sub connectors, fiber optic connectors, passive jacks, plugs and
high-speed cable assemblies). The Company operates facilities around the
Neil Berkman Associates
Bel Fuse Inc.
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