– CHINA, Beijing – Vimicro International Corporation (NASDAQ: VIMC), a leading video processing IC and surveillance solution provider, today announced that Dr. Darrin J. Young will join the Company’s Board of Directors as an independent director, effective Jan. 1, 2014. The Company also announced that Dr. Theodore Van Duzer, also an independent director, will retire from Vimicro’s Board as of Dec. 31, 2013.
Dr. Young has served as the USTART Associate Professor and Associate Chair of the Electrical and Computer Engineering Department of the University of Utah in Salt Lake City since 2009. Prior to that, he served as an Associate Professor and an Assistant Professor at the Case Western Reserve University. Before that, Dr. Young was a Participating Researcher at the Lawrence Livermore National Laboratory. Prior to that, he worked at Rockwell Semiconductor Systems and at Hewlett-Packard Laboratories. Dr. Young received his Bachelor’s, Master’s, and Doctoral degrees in Electrical Engineering and Computer Sciences from the University of California at Berkeley.
“We would like to thank Dr. Van Duzer for his longtime service and support to Vimicro, and we wish him well in his retirement. We are also pleased to welcome Dr. Young to our Board of Directors. We expect the Company and its stakeholders to benefit from his substantial knowledge and experience,” stated Dr. John Deng, Chairman and CEO of Vimicro.
About Vimicro International Corporation
Vimicro International Corporation is a leading video processing IC and surveillance solution provider that designs, develops and markets mixed-signal semiconductor products and system-level solutions that enable multimedia capabilities in a variety of products for PC/notebook, consumer electronics and surveillance applications. Vimicro has aggressively entered the surveillance market with system-level solutions and semiconductor products to capitalize on China’s domestic demand. Vimicro’s ADSs each represent four ordinary shares and are traded on the NASDAQ Global Market exchange under the ticker symbol “VIMC.”
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