If you're looking for a rocket scientist, go to willow Grove.<G>
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Kulicke & Soffa Appoints Garrett Pierce
to its Board of Directors
Willow Grove, PA – December 1, 2005 - Kulicke & Soffa Industries, Inc. (Nasdaq: KLIC) today announced that Garrett E. Pierce has joined its Board of Directors. Mr. Pierce is currently the Vice Chairman and Chief Financial Officer of Orbital Sciences Corporation (NYSE: ORB), a leading developer and manufacturer of smaller-sized rockets and satellites headquartered in Dulles, VA.
Scott Kulicke, chairman and chief executive officer of Kulicke & Soffa commented, “Our Board undertook a careful search for someone with Garrett's financial expertise, experience and judgement. Garrett has substantial experience and a strong track record as chief financial officer of technology manufacturing companies. Garrett is an exceptionally well qualified addition to our Board.”
Garrett E. Pierce
Mr. Pierce has served as Vice Chairman and Chief Financial Officer of Orbital Sciences Corporation since April 2002 and as a member of its Board since August 2000. Between August 2000 and April 2002, he was Orbital's Executive Vice President and Chief Financial Officer. From 1996 until August 2000, Mr. Pierce was Executive Vice President and Chief Financial Officer of Sensormatic Electronics Corp., a producer of electronic surveillance systems, and was also named its Chief Administrative Officer in July 1998. Before that, Mr. Pierce was the Executive Vice President and Chief Financial Officer of California Microwave, Inc. He has also served as Chief Financial Officer, President and Chief Executive Officer and was a member of the Board of Directors of Materials Research Corporation, acquired by Sony Corporation in 1989.
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