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TMCNet:  Management Change at NXP

[January 07, 2013]

Management Change at NXP

(Marketwire Via Acquire Media NewsEdge) EINDHOVEN, THE NETHERLANDS -- (Marketwire) -- 01/07/13 -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that Hans Rijns and Dave French will jointly take responsibility for the NXP R&D function per immediate effect.



Hans Rijns is appointed Chief Technology Officer. He will combine this role with his current position as SVP & Head of Research. Dave French is assigned as EVP of R&D and will combine this responsibility with his current position as General Manager of BU Portable & Computing.

"This leadership combination addresses the criticality of innovation and technology advancement to NXP's success, it will strengthen our global R&D efforts and provide NXP highly visible corporate technology leadership in the industry," said Rick Clemmer, president and CEO of NXP Semiconductors.

In his role as CTO, Hans Rijns will primarily focus his efforts on innovation and technology strategies. Dave French, in his role of EVP of R&D, will focus his attention on engineering-related aspects like R&D productivity and time-to-market. Both report directly for their respective responsibilities to CEO Rick Clemmer.

Hans Rijns started his career at Philips Research as scientist in the area of discrete-time mixed-signal circuits. Since 1996 he has held various technical, business and executive management positions at Philips Semiconductors and NXP. Hans holds an MSc and PhD in Electrical Engineering from the University of Twente, the Netherlands. Hans is member of Scientific Advisory Board of VIRTUS IC Design Centre of Excellence, Nanyang Technological University, Singapore and member of the Advisory Board of the Electrical Engineering department and the Supervisory board of the Embedded Systems Institute of the Technical University Eindhoven, the Netherlands.

About NXP SemiconductorsNXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.2 billion in 2011. Additional information can be found by visiting www.nxp.com.

Forward-looking Statements This document includes forward-looking statements which include statements regarding NXP's business strategy, financial condition, results of operations and market data, as well as other statements that are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in NXP's SEC filings. Copies of NXP's SEC filings are available from the SEC website, www.sec.gov.

Source: NXP Semiconductors

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