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Media Contacts: MSBi Capital DFT Microsystems Appoints new President and CEO Montreal, Canada, February 2, 2006. - The board of DFT Microsystems Canada (“DFT”), announces that David Lisk has formally accepted the position of President and CEO of the Montreal based high technology company. DFT is focused on delivering cost effective advanced test solutions to the high-speed mixed-signal SOC industry. “We’re very pleased that an individual of David’s calibre has accepted the position to lead DFT” says Don Perkins of ZON Capital Partners and a DFT board member. “With DFT’s groundbreaking products ready to ship into the market, it is imperative to have the right leadership in place to keep the momentum moving forward.” “David has been involved with the company since July and has been very focused on developing the business plan and securing the financing needed to move DFT to the next level,” says Chris Arsenault of MSBi Capital and DFT board member. “We are very impressed with the work he has done to date and look forward to continuing the success of DFT under David’s direction.” David is a seasoned industry veteran with 23 years experience in the Technology industry with emphasis on semiconductor manufacturing and operations. Prior to DFT, David spent 12 years at Tundra Semiconductor (Tundra). Most recently, he was VP of Operations where he had responsibility for manufacturing, QA, systems and product engineering, production test, customer service and IT. David joined Newbridge Microsystems in 1993, and played a key role when the division spun-out from parent Newbridge Networks (now Alcatel Canada) to become Tundra Semiconductor in 1995 and during its subsequent successful IPO in 1998. “I’m very excited to be part of a story that is as compelling as DFT’s” says Lisk. ”As the increasing cost of testing in the high speed mixed signal SOC world becomes a bigger and bigger problem, the value proposition for DFT’s cost effective advanced test solutions is dramatic and compelling. I look forward to the challenge of leading the company to take full advantage of this opportunity.” About DFT Microsystems, Inc. DFT Microsystems delivers a breakthrough in semiconductor test cost and performance via miniature, on-board, high throughput, mixed-signal and high- speed digital test modules. By delivering state of the art performance and signal processing capabilities within its test modules, DFT Microsystems' technology extends the capabilities and economic life of any ATE platform. Our modules provide solutions that dramatically reduce test cost and accelerate time-to-volume. For more information visit www.dftmicrosystems.ca . About MSBi Capital MSBi Capital is a seed and early stage venture capital fund dedicated to commercializing innovations in information technology, life sciences and the physical sciences. MSBi Capital has a particular focus on establishing and building companies based on technology advancements and inventions originating from the universities of McGill, Sherbrooke and Bishop's, as well as their affiliated hospitals and research institutes. More information about MSBi is available at http://www.msbi.ca. About GTI Capital Established in 1992, GTI Capital is a leading Montreal-based venture capital firm dedicated to emerging IT enterprises. With $100 million in capital under management, GTI Capital focuses on early-stage companies and applies a fundamental approach to investing and avoids speculative, momentum-driven investments. GTI Capital is particularly interested in the following segments: semiconductors, convergence and networking, telecom, business-to-business e-commerce and industrial applications. For more information, visit www.gticapital.com. About McGill University Founded in 1821, McGill University is Canada's leading research-intensive university. McGill has 21 faculties and professional schools, offering more than 300 programs from the undergraduate to the doctoral level. There are approximately 23,000 undergraduate students and 7,000 graduate students at McGill's two campuses in Montreal, Canada. McGill is one of two Canadian members of the American Association of Universities. For more information, visit http://www.mcgill.ca. About Zon Capital Partners Zon Capital Partners is a private equity fund headquartered in Princeton, New Jersey with offices in Radnor, Pennsylvania, formed to leverage its managing partners' experience by investing in ventures formed by seasoned entrepreneurs. Zon focuses on direct investments of $1 to $2 million in expansion stage software and communication companies, primarily located in the Mid-Atlantic region of the US. For more information, visit http://www.zoncapital.com. About BDC Venture Capital BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies. It currently manages approximately $500 million in companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies. For more information, visit http://www.bdc.ca/en/business_solutions/venture_capital/about_us/default.htm |
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Scalable High-Speed Digital Test Technology |
