Kilopass Appoints Pioneer NVM Developer Lee Cleveland as New VP of Engineering

Former Sipex and Spansion executive joins Kilopass with over 20 years of NVM R&D experience to drive next-generation product development.

Santa Clara, CA -- August 24, 2009 -- Kilopass Technology, a leading provider of semiconductor logic non-volatile memory (NVM) intellectual property (IP), today announced the appointment of Lee Cleveland as Vice President of Engineering, effective immediately. Lee succeeds Pearl Cheng, who managed Engineering at Kilopass for the past four years.

“This is an exciting milestone for Kilopass as we expand our business model, partnership and customer base,” said Charlie Cheng, CEO of Kilopass Technology. “Pearl has instilled a strong discipline of program execution and process, and now Lee will expand upon this success with new products, new partners, and new technologies to accelerate our growth.”

Lee brings with him extensive NVM experience from AMD and Spansion, as well as valuable start-up executive success from Sipex, now part of Exar. During his tenure at Sipex, he cut the product development cycle by 50% and reduced the average number of design revisions by 70%. Lee released over 150 new products in 5 years with a 2.5x improvement in throughput over the previous 5 year period. Prior to Sipex/Exar, he spent 20 years at AMD and Spansion where he was directly responsible for several generations of platform products, earning 61 patents in algorithms, circuits, processes and testing techniques.

“I am thrilled to join Kilopass at this pivotal time,” said new VP of Engineering Lee Cleveland. “Taking the company’s proven technology from 180nm to 40nm and rapidly expanding it in all directions will require innovation, flexibility, and a strong team. I am confident that I can lead the team to realize Kilopass’ vision.”

Indeed, today’s embedded NVM is still in largely a nascent stage of market adoption; the memory capacity is small, the interface is relatively simple, and the device-circuit integration is relatively loose, all of which represents opportunities for Kilopass to expand the market size and the demand for integrating NVM into next generation integrated circuits.

About Kilopass
Kilopass Technology Inc., a fast-growing supplier of embedded NVM intellectual property leverages standard logic CMOS processes to deliver one-time programmable (OTP) structures based on its extra-permanent memory (XPM) technology. Kilopass XPM technology is being used by over 60 companies worldwide in over 30 million semiconductor devices. The XPM memory arrays are used for the storage of firmware, security codes, trim and calibration data and other application critical information. For more information, please visit kilopass.com, call (408) 980-8808 or email info@kilopass.com.