07.07.2016 10:00:55

Kai Seikku appointed EVP of National Silicon Industry Group

OKMETIC OYJ            STOCK EXCHANGE RELEASE               7 JULY 2016                 AT 11.00 A.M.

KAI SEIKKU APPOINTED EVP OF NATIONAL SILICON INDUSTRY GROUP

Kai Seikku has been appointed EVP of Shanghai-based National Silicon Industry Group, NSIG. He will continue as President and CEO of Okmetic Oyj. In addition, Seikku was appointed as board member of Okmetic earlier today by the extraordinary general meeting. Seikku has also been appointed board member of Shanghai Zing Semiconductor Corporation, a 300 mm wafer manufacturer based in Shanghai, China.

OKMETIC OYJ

Leo Ren, Chairman of the board of directors

For further information, please contact:

Kai Seikku, President
Tel. +358 9 5028 0232, e-mail: kai.seikku@okmetic.com

Okmetic supplies tailored, high value-added silicon wafers to be used in the manufacture of sensors as well as discrete semiconductors and analog circuits. Okmetic's strategic objective is profitable growth driven by a product portfolio designed to meet customers' current and future technology needs. The core of the company's operations is being genuinely close to the customers and understanding their needs and processes.

Okmetic's global sales network, extensive portfolio of high value-added products, in-depth knowledge of crystal growing, long-term product development projects, as well as efficient and flexible production create prerequisites for achieving the strategic targets. The company's headquarters is located in Finland, where the majority of the company's silicon wafers is manufactured. In addition to in-house manufacture, Okmetic has contract manufacturing in Japan and China. Okmetic's shares are listed on Nasdaq Helsinki Ltd under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Okmetic Oyj via Globenewswire

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