Savvas Chamberlain Announces Future Plans for Transition to Non-Executive Chairman Role at DALSA
Waterloo, Ontario, August 5, 2009 - DALSA Corporation (TSX:DSA), announced today that Savvas Chamberlain will step down from his role as Chief Technology Officer of the Company on October 12, 2009, at which time he will transition to the role of Chairman, in a non-management status. Dr. Chamberlain has served as Executive Chairman and CTO since September, 2007 when Brian Doody was named Chief Executive Officer. Previously, he was Chairman and Chief Executive Officer since 1996, and President since 1980 when he founded the Company.
“Although I am stepping down as CTO, with my role as Chairman of the Board and as a significant shareholder, I look forward to the opportunity to continue serving the Company and its stakeholders,” said Dr. Chamberlain. “In particular, I look forward to assisting Brian Doody and the Company's excellent leadership team as they execute on their plans for the Company's future.”
Chief Executive Officer, Brian Doody, commented, “Since his founding of our company nearly three decades ago, Savvas’ contributions to DALSA and the microelectronics and technology industry in Canada are too numerous to list. It has been an honour to work with Savvas over this period and to learn from his technology and business expertise as he grew DALSA to nearly 1000 employees in seven countries. I look forward to his continued contributions in the coming years as he provides his strategy leadership to the company and its board of directors.”
About DALSA Corporation
DALSA is an international leader in high performance digital imaging and semiconductors with approximately 1000 employees world-wide. Established in 1980, the Company designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. DALSA's core competencies are in specialized integrated circuit and electronics technology, software, and highly engineered semiconductor wafer processing. Products and services include image sensor components (CCD and CMOS); electronic digital cameras; vision processors; image processing software; and semiconductor wafer foundry services for use in MEMS, high-voltage semiconductors, image sensors and mixed-signal CMOS chips. DALSA is listed on the Toronto Stock Exchange under the symbol “DSA” and has its corporate offices in Waterloo, Ontario, Canada.
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