XMC Strengthens Executive Team with Two Industry Veterans

Lange, Mei add deep industry marketing and technology experience to guide XMC’s growth

WUHAN, China – February 4, 2013 - XMC (Wuhan Xinxin Semiconductor Manufacturing Co., Ltd.), a leading 12” semiconductor manufacturing company in China, today announced the appointment of two new members to its executive team, Dr. Walter F Lange and Dr. Shaoning Mei, who will head the company sales and marketing, and technology development, respectively. With decades of expertise in various aspects of the semiconductor industry, Lange and Mei will play an integral part in the leadership and growth of the company.

Dr. Walter F. Lange has been appointed as Senior Vice President of Marketing andSales. Previously, he served as Vice President of Marketing for Chartered Semiconductor (now part of GlobalFoundries).Before joining Chartered, he served for 28 years at IBM where he held multiplemanagement positions in CMOS technology development and marketing. Most recently he specialized in developing partnerships and wasa key driver behind the formation of the IBM Common Platform. He received his PhD in Metallurgical Engineering at Michigan Technological University.

“This is an exciting time to join XMC. This company has tremendous potential to change the landscape and traditional business model of the semiconductor industry. Our focus on developing a broad base of management excellence will help drive a new level of customer partnerships across a global customer base.” Dr. Lange said.

Dr. Shaoning Mei joins XMC as the chief technology officer (CTO). In this newly created position, Dr. Mei will be responsible fordefining and developing specialized foundry technology platforms in conjunction with the company’s partners. He will also be responsible for building a world classtechnologydevelopment team at XMC. Dr. Mei has more than twenty five years of experience in research, development, and technology transfer. Prior to joining XMC, he servedas CTO at Huanghong NEC Electronics Co., Ltd, one of Mainland China's leaders in the field of IC foundry services. Additionally, he served in senior positions at Philips Semiconductors (NXP) and at IBM.He received his PhD in Physics from Rensselaer Polytechnic Institute.

“These are important new additions to our team that will have immediate impact on how we work with partners and in strengthening the technology offering our company can deliver. Their experience and track records of success in the industry underscore my commitment to creating a best of breed management team.” Dr. Simon Yang, CEO said.“With these two exceptional additions to my staff, we are well positioned totake the next steps in transforming XMC into a world-classpartner.”

About XMC
XMC is a leader in NOR flash memory production and in 300 mm fabrication capabilities. The company offers comprehensive 300 mm foundry services built on proven technology expertise and a commitment to customer service excellence. It first began production in 2008 and is headquartered in Wuhan China. More information can be found at www.xmcwh.com.

For more information, please contact:
Karen Fan
+86 18986179880
Karen_Fan@xmcwh.com