Powervation Appoints VP Engineering



POWERVATION APPOINTS VP ENGINEERING
Sean Foley to Lead Company’s Worldwide Design and Engineering Activities

PALO ALTO, Calif. and LIMERICK, Ireland, October 2, 2008—Powervation, an emerging innovator of Auto-control™ digital power integrated circuits (ICs), named Sean Foley, Ph.D. as vice president of engineering. Foley joins Powervation from Cypress Semiconductor where he served as design engineering director. He will operate from the company’s new design center in Cork, Ireland where he will lead the engineering organization in implementing Powervation’s technology roadmap.

“Sean joins Powervation at a pivotal time,” said chief executive officer, Antoin Russell. “Having recently introduced our technology to select customers, we’re now ramping toward production. Sean’s engineering expertise and his close ties to Cork’s world-class research community make him an outstanding executive to drive our product development initiatives and manage our growing engineering organization. We’re pleased to welcome him to the team.”

Dr. Foley spent nine years at Cypress Semiconductor. Under his leadership at the company’s design center in Cork several successful mixed-signal products were developed. Before Cypress, he spent six years as a research scientist at the National Microelectronics Research Center (NMRC) in Cork (now known as Tyndall National Institute.) Dr. Foley earned his BE degree in 1991 and his Ph.D. in 2000, both from University College Cork. He holds three U.S. patents with two more pending, and has authored more than 25 journal and conference publications.

Dr. Foley is the 2008 chairman of Ireland’s Microelectronics Industry Design Association (MIDAS).

About Powervation

Powervation provides a new class of Auto-control™ digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in computing, communications and consumer applications. In a simple yet revolutionary Plug-and-Power™ package, the company’s unique technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart devices. Powervation maintains corporate offices in Ireland and Palo Alto, Calif., with sales centers located throughout Asia, Europe and the U.S. To learn more, please visit www.powervation.com Auto-control™ and Plug-and-Power™ are trademarks of Powervation.

Corporate Contact
Benoit Herve Vice President, Marketing
Tel: +1 650 996-4003
Email: benoit.herve@powervation.com

Media Contact
Jane Evans-Ryan
Genuity PR for Powervation
Tel: +1 408 489-6391
Email: jane@genuitypr.com

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