Kulicke & Soffa Appoints Peter T. Kong to its Board of Directors

  Kulicke & Soffa Appoints Peter T. Kong to its Board of Directors

Business Wire

SINGAPORE -- February 18, 2014

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or
the "Company") today  announced the appointment of Peter T. Kong to its Board
of Directors.

For the past 8 years, Mr. Kong was an executive at Arrow Electronics, Inc.
(NYSE:ARW) a global provider of products, services and solutions to industrial
and commercial users of electronic components. Mr. Kong served as President of
the Global Components Business from May 2009 to December 2013; Corporate Vice
President since April 2006; and President of Arrow Asia and Pacific from April
2006 to May 2009. Before Arrow, he served as the President of Asia Pacific
Operations at Lear Corp from 1998 to 2006. Mr. Kong has also held leadership
roles with MAPS International, Magna International, Inc., Domtar, Inc., and
Esso Chemicals. He has been a Director at Ferro Corp. (NYSE:FOE) since April
2012.

Mr. Kong holds a master’s degree in Business Administration from the
University of Toronto, a master’s degree in Chemical Engineering from the
University of Wisconsin, and a bachelor’s degree in Chemical Engineering from
Washington State University.

MacDonell Roehm, Chairman of the K&S Board of Directors, said, “Peter brings a
wealth of technology and business expertise that will be extremely valuable to
our board and the Company.”

Mr. Kong said, “I am excited to join the K&S Board of Directors and work with
this exceptional team. K&S is in prime position to participate in broad global
trends including the adoption of the 'Internet of Things'. I look forward to
sharing my experiences and contributing to the future direction and growth of
this global leader.”

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 Industries, Inc.
Sheila Frese
Public Relations
P: +1-949-660-0440
F: +1-949-660-0444
sfrese@kns.com
or
Kulicke & Soffa Industries, Inc.
Joseph Elgindy
Investor Relations & Strategic Planning
P: +1-215-784-7518
F: +1-215-784-6180
jelgindy@kns.com
 
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