ASTT Asat Hldg Ltd American Dep (MM)

MILPITAS, Calif. and HONG KONG, Aug. 2 /PRNewswire-FirstCall/ -- ASAT Holdings Limited (NASDAQ:ASTT), a global provider of semiconductor package design, assembly and test services, today announced the appointment of Peter Tin as senior vice president of quality and reliability assurance, replacing Ed Bedell who resigned to pursue other opportunities. (Logo: http://www.newscom.com/cgi-bin/prnh/20030414/ASATLOGO) Mr. Tin previously served as ASAT's vice president of quality from 2004 to 2005 prior to ASAT moving its manufacturing to China. During this time he was responsible for setting up the quality systems at ASAT China and instrumental in maintaining quality systems control during the transition. "We are pleased Peter has rejoined ASAT and look forward to his leadership in the quality control area as we develop our operations in China," said Tung Lok Li, acting chief executive officer of ASAT Holdings Limited. Over the span of his more than 20 year career, Mr. Tin has held engineering, supplier management, reliability and quality positions in semiconductor, consumer electronics and transportation industries in the United States and Greater China. He most recently was a member of the management team of Philips Consumer Electronics in the Business Groups of Mobile Infotainment and Mobile Phones based in Hong Kong. Mr. Tin has also held various quality and reliability management positions with SanDisk, Western Digital, Bombardier Transportation, and National Semiconductor. Mr. Tin holds a master's of science degree in reliability engineering, and separate bachelor's of science degrees in aerospace and mechanical engineering from the University of Arizona. Mr. Tin is a Six Sigma blackbelt and is also a Certified Reliability Engineer and Certified Quality Engineer by the American Society for Quality. About ASAT Holdings Limited ASAT Holdings Limited is a global provider of semiconductor package design, assembly and test services. With 18 years of experience, the Company offers a definitive selection of semiconductor packages and world-class manufacturing lines. ASAT's advanced package portfolio includes standard and high thermal performance ball grid arrays, leadless plastic chip carriers, thin array plastic packages, system-in-package and flip chip. ASAT was the first company to develop moisture sensitive level one capability on standard leaded products. Today the Company has operations in the United States, Asia and Europe. For more information, visit http://www.asat.com/. Safe Harbor This press release may contain statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including the ability of ASAT's management to effectively lead the company, the risk that ASAT may not be able to attract qualified people to its management team or retain its existing management and employees, possible disruptions to its business and operations caused by the changes in senior management, and those risks outlined in ASAT's filings with the Securities and Exchange Commission. ASAT does not undertake any obligation to update this forward-looking information, except as required under applicable law. http://www.newscom.com/cgi-bin/prnh/20030414/ASATLOGO http://photoarchive.ap.org/ DATASOURCE: ASAT Holdings Limited CONTACT: Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400, , for ASAT Holdings Limited Web site: http://www.asat.com/

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