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Discera Names Bruce W. Diamond as Chief Executive
Officer
25-Year Industry Veteran Joins Team to Lead
Growth for Groundbreaking MEMS Timing Technology
December 11, 2008
SAN JOSE, CA, Dec 11, 2008 (MARKET WIRE via COMTEX) -- Discera,
a leader in CMOS MEMS oscillators, resonators, and provider of
next-generation timing solutions, today announced that it has appointed
Bruce W. Diamond as president and chief executive officer. Diamond
brings more than 25 years of semiconductor industry experience
in management and operations.
"Bruce's experience, leadership, and business skills will bring
Discera's award-winning MEMS technology to its next phase of development
and growth," said Jim Jones, managing director, Scale Venture Partners,
and Discera board member. "The maturity of Discera's technology,
its partner network, and clear cost benefits to electronic manufacturers
put it in a strong position for leadership in this growing market."
"I'm very impressed by the rapid progress and unique achievements
that Discera has shown with its groundbreaking MEMS technology," said
Diamond. "I am excited to join the company at this stage as MEMS
timing devices have been anticipated for a long time, and Discera
is the leading company in the market."
Discera offers a proven and scalable alternative to Quartz crystal
for timing applications. Discera's CMOS-compatible MEMS-based resonators
overcome the challenges posed by quartz crystal technology and
offers electronics manufacturers a more flexible, scalable alternative.
Based on a recent study by Wicht Technologie Consulting, the market
for MEMS-based oscillators is expected to grow more than 120 percent
each year, penetrating today's $3.8 billion quartz timing market.
"We are very pleased with the addition of Bruce Diamond to Discera's
executive team," said Wan-Thai Hsu, chief technology officer, Discera. "Our
team will be working closely with him to build upon our successes
to date, and we are confident that Bruce will be a strong leader
with the vision, semiconductor experience, and industry knowledge
to continue to build Discera's strength in the market."
Diamond comes to Discera from WJ Communications, a leading supplier
of radio frequency (RF) solutions for wireless infrastructure,
where he served as chief executive officer. Diamond helped turn
the company and managed it through its recent acquisition by TriQuint
Semiconductor (TQNT2.35, -0.07, -2.8%) in May 2008. Prior to this,
he served as chief operating officer and executive vice president
at Zilog Corporation, a San Jose, California-based publicly traded
provider of integrated 8-bit microcontrollers (MCU) and universal
remote control solutions. Additionally, Diamond held management
positions at Sipex, ANADIGICS, and National Semiconductor Corporation.
He holds a bachelor of science degree in electrical engineering
from the University of Illinois at Champaign-Urbana.
About Discera
Discera is a fabless analog semiconductor company that offers tiny,
high performance silicon resonators for the frequency and timing
control markets. These resonators act as the heartbeat or pulse
for a variety of devices from consumer products such as cameras
and MP3 players to specialized equipment for the military.
The company's PureSilicon(TM) resonator technology is a fundamental
building block that offers, according to Semico Research, "a better
mousetrap" for creating fully integrated, low cost, small form
factor wireline and wireless products, such as oscillators, filters,
and RF components. Unlike crystal based oscillators, Discera's
PureSilicon(TM) based CMOS oscillators can be integrated into other
CMOS based circuits. Founded in 2001 and headquartered in San Jose,
California, Discera is a privately held company with investments
from Ardesta, Partech, Scale Venture Partners, 3i, Horizon, and
Qualcomm Ventures. More information is available at www.discera.com.

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