Dr. Robert A. Young Agrees to Join the GEO Semiconductor Board of Directors

October 21, 2009 9:55 AM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- GEO Semiconductor ("GEO") today announced that Dr. Robert A. Young has agreed to join the Company's Board of Directors. Bob brings decades of relevant business, financial and high board of directors experience. He is expected to play a leading role in GEO's strategy, financing and licensing efforts, as well as chair the Audit Committee.

Bob is a co-founding Managing Director of Mirador Capital LLC, a private equity firm invested in U.S. venture capital firms. He also manages personal private equity investments in early stage technology companies through IRT, Inc.

Previously, he was Chairman and CEO of Curl Corporation, an Internet infrastructure software company. Prior to that, Bob was a senior partner and Managing Director at Dillon, Read & Co. Inc., an investment bank, where he had corporate finance responsibility for information technology companies. He had previously served as the Managing General Partner of Dillon Read's venture capital funds from 1987 to 1994. These funds invested in early stage companies in information technology, biotechnology, energy and financial services. Bob's personally directed investments included SanDisk, Tessera, Virtual Machine Works and Team Bank. From 1991 to 1995 Bob was also an advisor to Barings Private Equity Partners, a global private equity group headquartered in London.

Bob started his business career with IBM where, over an 18 year period, he held a number of management and executive positions in sales, marketing, engineering and general management. His last position at IBM was as President, IBM Instruments, a fully integrated global company with operations in the US and several European countries. IBM Instruments' products consisted of a broad range of scientific instruments and real-time scientific computers.

Bob is a founding investor and Director of Tessera (NASDAQ: TSRA), the leading semi-conductor interconnect technology company. He was also a Director of ATI Technologies (NASDAQ: ATYT), a leading producer of 3-D graphics and multimedia products until its merger with AMD in 2006. Bob is also an investor and Director of several private technology companies: SRC Computers, a producer of re-configurable, high performance computers; Innolume, a company producing quantum dot lasers for optical clocking of integrated circuits and computer interconnect applications; Jatheon, a provider of network appliances for messaging compliance management; SBG Labs Inc. which has unique solid-state optical device technology, Open-Xchange, which offers an open source exchange server product and Novitaz, a company producing active RFID hardware and software modules for unique customer-centric, loyalty-based solutions in retail.

Bob has served on the visiting committees of the both the Department of Electrical Engineering and Computer Science and the Department of Chemistry at MIT and is an advisor to PolyTechnos, a European venture capital firm headquartered in Munich. He holds a Ph.D. in physical chemistry from MIT.

About GEO Semiconductor

GEO Semiconductor is an industry leader in programmable, high performance, video and geometry processing IC solutions that enable Digital Video 2.0 (real-time processing of video algorithms in software) and Projection 2.0 (allowing the trade-offs between optical systems and pixel processing) yielding exceptional video quality and enabling totally new products and features, at resolutions of 1080P and beyond. GEO Semiconductor's ICs have found broad acceptance in such systems as Dynamic Signage, Broadcast, Video Processors, Advanced Projectors, 3D, Medical and Military displays with global industry leading customers. The company's products and technologies, through superior video processing and geometry processing based optical correction, enable advanced applications such as 3D and immersive displays, ePTZ(TM) digital pan/tilt/zoom surveillance systems and pico-projection. GEO Semiconductor is headquartered in Santa Clara, California with offices in Toronto and Orlando, and sales channels around the world. More details about the company and its products can be found on the company website at www.geosemi.com.

GEO Semiconductor and the cube logo are among the trademarks of GEO Semiconductor Inc. Any other trademarks or trade names mentioned are the property of their respective owners.

Cautions regarding Forward-Looking Statements:

Excluding statements and characterizations of historical fact, all statements included or incorporated by reference are forward-looking statements. These forward-looking statements are based on our current expectations, management's beliefs and estimates and projections about our industry and business and certain assumptions made by us, all of which are subject to change. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

    Source: GEO Semiconductor

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