CinTel Corp. Appoints New Chief Executive Officer
June 24 2008 - 10:14AM
Marketwired
LOUISVILLE, KY , a semiconductor and LCD assembly manufacturer,
announced that its Board of Directors has appointed Kwang Hee Lee
as its Chief Executive Officer. Mr. Lee's appointment was made
after Sang Don Kim, the Company's CEO and Chairman, decided to
resign to pursue other interests.
Mr. Lee has been a member of CinTel's Board of Directors since
2006 and is a proven CEO with extensive experience in
technology-based companies. He was most recently with one of
Korea's largest investment companies in the investment division.
Mr. Lee was responsible for conducting due diligence and analysis
on prospective investments and served on the investment committee
in a number of different industries. In the past, Mr. Lee was CEO
of a pharmaceutical company, a KOSPI listed company in Korea. Mr.
Lee holds a BA from Seogang University and an MBA from Hanyang
University.
JD Sparks, Executive Vice President, stated, "CinTel's
management is extremely excited by Mr. Lee's decision to take the
helm while we search for a more long term replacement for Mr. Kim.
Mr. Lee's wealth of technology and management experience will
assist the company in fine tuning operations while we search for a
longer term replacement for the most valued Mr. Kim. His previous
knowledge of the company's operations coupled with our unique
products, services and customer base is set to advance the company
to its next phase of growth and innovation. The Board and employees
of CinTel are extremely grateful to Sang Don Kim for his decisive
leadership and contributions over the past 11 years."
About CinTel Corp. (www.cintelcorp.com)
Founded in 1997, CinTel has created a conglomeration of
technology products to include NAND flash memory packaging, LCD
assembly, semiconductor packaging and testing specialists, as well
as a total solution provider for memory applications for home
appliances, semiconductor, TFT-LCD application products and Factory
Automation design.
Safe Harbor Statement
This press release may contain statements (such as projections
regarding future performance) that are forward-looking statements
as defined in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those projected as a
result of certain risks and uncertainties, including but not
limited to those detailed from time to time in the Company's
filings with the Securities and Exchange Commission.
Contact: JD Sparks Executive Vice President 502-657-6077
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