FormFactor, Inc. Appoints Kelley Steven-Waiss to Board of Directors

LIVERMORE, CA -- (Marketwired) -- 08/07/15 -- The Board of Directors of FormFactor, Inc. (NASDAQ: FORM) today announced the appointment of Kelley Steven-Waiss as an independent director of the firm, effective immediately. Ms. Steven-Waiss' appointment expands the board to 7 directors with 4 independent directors. Ms. Steven-Waiss will be a member of each of the compensation and governance committees.

"This appointment demonstrates the commitment of FormFactor's Board of Directors to a strong, independent and diverse board," said Tom St. Dennis, Executive Chairman of the Board. "Kelley's 20 years of executive management experience in human resources, mergers and acquisitions and change management will be a great asset for us as we guide FormFactor's growth and development to the next level."

Ms. Steven-Waiss is currently Executive Vice President and Chief Human Resources Officer at Extreme Networks. Prior to Extreme Networks, she worked at Integrated Device Technology (IDT) where she served as Vice President of Worldwide Human Resources. Prior to IDT, Ms. Steven-Waiss was Vice President, Worldwide Human Resources for PMC-Sierra. She has also held executive management and consulting positions in large global consulting firms and public software and retail companies. Ms. Steven-Waiss earned her MA in human resources and organizational development from the University of San Francisco and a BA in journalism from the University of Arizona.

"I am thrilled to be joining the FormFactor board at such a pivotal time in the Company's evolution from turnaround to growth," said Ms. Steven-Waiss. "I see an enormous opportunity to leverage talent as a strategic differentiator as the Company seeks to grow and scale."

About FormFactor:

FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world's leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Customers use FormFactor's products and services to lower overall production costs, improve their yields and enable complex next-generation ICs. Headquartered in Livermore, California, the company services its customers from a network of facilities in Europe, Asia and North America. For more information, visit the company's website at www.formfactor.com.

FormFactor, MicroProbe and the FormFactor and MicroProbe logos are registered or unregistered trademarks of FormFactor, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners.

Investor Contact:
Stan Finkelstein
Investor Relations
(925) 290-4321
[email protected]

Source: FormFactor

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