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Kulicke & Soffa Appoints Gregory F. Milzcik to its Board of Directors

  Kulicke & Soffa Appoints Gregory F. Milzcik to its Board of Directors

Business Wire

SINGAPORE -- October 9, 2013

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or
the “Company”) today  announced the appointment of Gregory F. Milzcik to its
Board of Directors and Management Development & Compensation Committee.

For the past 14 years Mr. Milzcik was an executive of Barnes Group Inc. (NYSE:
B), an international aerospace and industrial manufacturer and service
provider, serving a wide range of end markets and customers. Mr. Milzcik
served as President and Chief Executive from 2006 until his retirement earlier
this year. During his tenure at Barnes Group he also served as Chief Operating
Officer and President of the aerospace and industrial segments. Over the past
35 years Mr. Milzcik’s career includes executive, operations and technical
positions at leading Aerospace and Industrial companies including Lockheed
Martin, General Electric, Chromally Gas Turbine Corp and AAR Corp. He
currently serves as a director of IDEX Corporation (NYSE: IEX) and is a Board
Leadership Fellow with the National Association of Corporate Directors (NACD).

Mr. Milzcik received a bachelor of science degree in applied science and
technology from Thomas Edison State College. After completing graduate
programs at Cambridge College and Harvard University he earned a doctorate
from Case Western Reserve University, with research focusing on management
systems in cyclical markets.

MacDonell Roehm, Chairman of the K&S Board of Directors, said, “Greg is an
excellent addition to our Board of Directors. His background and experience
will contribute to the ongoing diversification of our Board’s expertise and
end market insight.”

Mr. Milzcik said, “I am excited to join the K&S Board of Directors. This is a
unique opportunity to leverage my extensive international background in a
market with challenges and strategic opportunities, similar to those in the
aerospace and industrial manufacturing industries. With its rich history of
innovation, market leadership, and resources, K&S has an excellent track
record, strong global brand and great potential for ongoing value creation.”

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is a global leader in the design and
manufacture of semiconductor and LED assembly equipment. As a pioneer in this
industry, K&S has provided customers with market leading packaging solutions
for decades. In recent years, K&S has expanded its product offerings through
strategic acquisitions, adding wedge bonding and a broader range of expendable
tools to its core ball bonding products. Combined with its extensive expertise
in process technology, K&S is well positioned to help customers meet the
challenges of assembling the next-generation semiconductor and LED devices.
(www.kns.com)

Contact:

Kulicke & Soffa
Joseph Elgindy
Investor Relations & Strategic Planning
P: +1-215-784-7518
F: +1-215-784-6180
jelgindy@kns.com
or
Global IR Partners
David Pasquale
P: +1-914-337-8801
klic@globalirpartners.com