eoSemi appoints new VP to lead first product to market

eoSemi today announced that Steve Cliffe has joined the company as VP of sales and marketing. His appointment demonstrates the company's investment in a highly experienced management team following the closure of a £3 million Series-A equity round to develop and commercialise its first product. Steve Cliffe has more than 25 years experience in the electronics industry with significant exposure to global markets. He joins eoSemi from ProVision, where he was CEO. Prior to this Steve was CEO at Xintronix; VP of sales and marketing at Nanotech; sales, marketing and operations director for Global Silicon and Asia Pacific sales director at Dialog Semiconductor. Commenting on his new position, Steve Cliffe said, "eoSemi's all-silicon solution is a simple and inexpensive replacement for quartz crystals with substantial market potential. This is an exciting time to be joining the company as the first product completes its development phase, and moves towards commercial availability later this year." eoSemi CEO and co-founder, Ian Macbeth, added, "eoSemi's solution offers significant size and cost advantages and is uniquely positioned to revolutionise the market. With the benefit of Steve's expertise we will push forward our first silicon-only kHz timing reference and derivative products into applications such as industrial, medical and consumer microprocessor-based systems and mobile handsets." About eoSemi eoSemi is a world leader in the design and development of all-silicon replacements for quartz crystals. eoTechnology a unique, defendable innovation that uses standard CMOS processes to reduce the physical size and overall system cost of electronic devices. The company is now poised to revolutionise this market by becoming the leading provider of miniature, silicon-only references and derivative products in a wide variety of applications. eoSemi was founded in 2005 by four experienced semiconductor professionals and is supported by leading equity investment partners. More information can be found at www.eosemi.com