EANS-Adhoc: ams AG
ams CEO John Heugle agrees to step down with immediate
effect; Kirk Laney to assume position of CEO
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Board of Directors (Appointments and Changes) 14.05.2013 Unterpremstaetten, Austria (14 May 2013) - ams (SIX: AMS), a leading provider of high performance analog ICs and sensors, announces that the Supervisory Board and CEO John Heugle have agreed that John Heugle will step down from the position of CEO of the company with immediate effect. Kirk Laney, currently heading the Optical Sensors and Lighting business unit and former CEO of TAOS Inc., was elected to the management board and will assume the position of interim CEO with immediate effect. The Supervisory Board has already initiated the search for a permanent CEO and has agreed with John Heugle that he will remain in a consulting role until the end of the year to ensure continuity in key business initiatives as necessary. The Supervisory Board and management of ams remain fully committed to excellence in serving the company's worldwide customer base, employees and partners. The Supervisory Board thanks John Heugle for his 11 years of outstanding leadership and his passionate commitment to building a global leader in high performance analog semiconductors. ### About ams ams develops and manufactures high performance analog semiconductors that solve its customers' most challenging problems with innovative solutions. ams' products are aimed at applications which require extreme precision, accuracy, dynamic range, sensitivity, and ultra-low power consumption. ams' product range includes sensors, sensor interfaces, power management ICs and wireless ICs for customers in the consumer, industrial, medical, mobile communications and automotive markets. With headquarters in Austria, ams employs over 1,300 people globally and serves more than 7,800 customers worldwide. ams is the new name of austriamicrosystems, following the 2011 acquisition of optical sensor company TAOS Inc. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams can be found at www.ams.com. Further inquiry note: Moritz M. Gmeiner Director Investor Relations Tel: +43 3136 500-31211 Fax: +43 3136 500-931211 Email: investor@ams.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: ams AG Tobelbader Strasse 30 A-8141 Unterpremstaetten phone: +43 3136 500-0 FAX: +43 3136 500-931211 mail: investor@ams.com WWW: www.ams.com sector: Technology ISIN: AT0000920863 indexes: stockmarkets: official dealing: SIX Swiss Exchange language: English
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