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PR Newswire
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Sipex Appoints Sales Veteran Jeffrey Weiss to Strategic Accounts Director


MILPITAS, Calif., March 10 /PRNewswire-FirstCall/ -- Sipex Corporation today announced the appointment of Jeffrey Weiss to the position of Sales Director for Strategic Accounts. Weiss brings more than twenty years of semiconductor sales expertise to the Company. In his most recent assignment with Cypress Semiconductor, Mr. Weiss held the position of Area Sales Director for Southern North America, where he was responsible for such strategic accounts as Dell, Hewlett Packard, and IBM.

"We are very pleased to add Jeff to our Sales leadership team," commented Rick Hawron, Senior VP for Worldwide Sales. "Jeff's broad experience with OEM and CM customers will assist in positioning Sipex for continued sales growth."

In this position, Mr. Weiss has the responsibility for developing business with market-leading OEM customers by integrating Sipex's analog design expertise. "I am looking forward to introducing new customers to the advanced technology and services that Sipex can provide. This is an opportunity to provide our partners with products which can help them meet their design goals," said Weiss.

Jeffrey Weiss holds a BSEE from Virginia Tech, and has over twenty years in sales and sales management positions within the semiconductor industry.

About Sipex Corporation

Sipex Corporation is a semiconductor company that designs, manufactures and markets high performance, value-added analog integrated circuits (IC). Sipex serves the broad analog signal processing market with interface, power management and optical storage ICs for use in automotive, portable products, computing, communications, and networking infrastructure markets. The company is headquartered in Milpitas, California with additional offices in Belgium, Canada, China, Germany, Japan and Taiwan. Sipex sells products direct and through its distribution channels. For more information about Sipex, visit http://www.sipex.com/.

Forward Looking Statements.

This press release contains forward-looking statements. Statements regarding the Company's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. All such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties. In particular, the forward looking statements include statements about the Company's beliefs regarding the experience required to assist the in positioning Sipex for continued sales growth and Sipex's ability to assist its partners with products which can help them meet their design goals. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements, including overall economic conditions in the U.S. and abroad, demand for electronic products and semiconductors in general, demand for the end-user products for which the Company's semiconductors are suited, the Company's relationships with customers. The Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For additional information, contact: Rick Hawron, Senior VP Worldwide Sales Tel: 408-934-7500 Fax: 408-935-7600 Email:RHawron@sipex.com

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