Silicon Mobility Appointed Two New Board Members

VALBONNE, France, May 24, 2016 /PRNewswire/ --

Silicon Mobility announced today the arrival of two new members to its Board of Directors as independent directors: Matthias Bittner, appointed Chairman of the Silicon Mobility Board of Directors and Jean Marc Nozeran, appointed Director of Silicon Mobility.

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"Silicon Mobility is pursuing a vision of cleaner, safer and smarter mobility enabled by highly flexible, real-time, safe and open semiconductor solutions. Only six months after incorporating the business and being funded by Capital-E (Antwerp) and Cipio Partners (Luxembourg/Munich), I am delighted to welcome Matthias and Jean-Marc to complete Silicon Mobility's Board of Directors. They are coming with energy, vision, experience, leadership and validate the ambition of the company" said Bruno Paucard, President and CEO of Silicon Mobility.

Matthias is an experienced Entrepreneur and Investor, working as Senior Advisor/Board member with several Companies since 1997. He started his career as management consultant, where he was in particular Partner at McKinsey & Company and Vice President at Bain & Company as well as Managing Director/Co-Founder of TMG/MMG. Matthias then served as Senior Advisor at Morgan Stanley where he was responsible for the European Automotive Business and major German Industrial Companies and where he helped implement several fundamental strategic moves, IPOs as well as financing and M&A transactions, with players like e. g. Volkswagen, Daimler Trucks, Wacker and Continentl as well as Opel during the 2008/9 discussion in Germany. He currently serves as Chairman of the Board at CONTTEK and at One Football and as Member of the Advisory Board at Mobileye N.V. Matthias holds an Economics degree (Diplom - Volkswirt) of the Mainz University and a French Baccalaureat in Mathématiques.

Jean-Marc started his career as a system engineer at Thomson CSF. In 1981, he joined Renault's newly created subsidiary RENIX in charge of innovation (body control, ABS and electronic injection). In 1985, RENIX was acquired by Bendix and by Siemens in 1987. He then took the roles of R&D Director and VP Engineering of the French subsidiary.  Thereafter in 1994, Jean-Marc was appointed GM of the Body Electronics Division before taking the lead of Powertrain Electronics. He actively participated to the merger of Siemens and VDO in 2001, was appointed CEO of Siemens VDO for Western Europe, Board member, while managing the Chassis BU. In 2007, when Continental acquired Siemens VDO, he was appointed President for Continental Automotive France and CEO of the Engine System BU worldwide. In parallel, he served at the Board of several JV's of Continental and Siemens VDO. He contributed to the creation of the French regional competitiveness cluster "Aerospace Valley" and was a member of FIEV. Jean-Marc holds a master degree of Sup'Aero and a PhD of Paris VI University. He is now active as a senior advisor and consultant on the transformation for performance of enterprises in different sectors of industry and services.

About Silicon Mobility: 

Silicon Mobility is a semiconductor fabless company enabling the design of cleaner, safer and smarter mobility.  The company designs, develops and markets Flexible, Real-Time, Safe and Open semiconductor solutions for highly demanding and critical embedded systems such as automotive, aeronautics, railways and drones. Silicon Mobility's products are at the heart of engine electrification, hybridization, autonomous and driverless vehicle control.

The company is headquartered in Sophia-Antipolis, France.

About Capital-E: 

Capital-E is a leading venture capital fund in Europe with exclusive focus on micro/nano-electronics. Through its entrenched relationship with IMEC, the largest independent research center in micro- and nano-electronics in Europe, Capital-E and its ventures can directly rely on the support of over 2000 scientists and engineers, as well as leverage on IMEC's 500+ worldwide partners to effectively promote the adoption of highly innovative products. For more information, please visit: http://www.capital-e.com.

About CIPIO Partners: 

Cipio Partners is a leading investment management and advisory firm in the secondary direct market. Founded in 2003, Cipio Partners manages an international portfolio of growth stage technology investments from offices in Luxembourg and Munich. Further information is available at http://www.cipiopartners.com

For more information, please visit:  http://www.silicon-mobility.com  

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