Semiconductor industry veteran Kenneth Hurley appointed CEO & MD of 4DS Memory

SYDNEY, AUSTRALIA: 4DS Memory Limited (ASX: 4DS) (4DS) introduced the appointment of Mr Kenneth Hurley because the company’s new Chief Executive Officer and Managing Director. Kenneth Hurley is a 40+ year veteran of the semiconductor industry with key executive roles at Hitachi America Semiconductor and Nanya Technology Corporation Inc, a main Taiwanese maker of dynamic random-access reminiscence (DRAM) chips.

He was CEO of Genesis Semiconductor, a Semiconductor Design firm and President of Memoright USA a producer of Solid State Drives and Controllers.

During his time at Nanya Technology Mr Hurley negotiated strategic provide relationships with Dell, Hewlett Packard, Compaq, IBM, Apple, Google, and different multi-national companies and established product design facilities in Vermont and Texas.

Dr Guido Arnout, who had indicated a desire to retire, will step down as Chief Executive Officer and Managing Director. He will now tackle a Non-Executive role on the Board of Directors and has agreed to become a half time worker of 4DS Memory Inc within the role of advisor to Mr Hurley.

Commenting on the appointment Chairman Drs. Wilbert van den Hoek stated, “We are very lucky to have been capable of finding and appoint somebody with Ken’s skill set to the Company to help us with the commercialization of 4DS’ technology.

Ken brings extensive worldwide semiconductor industry expertise and a community of contacts in reminiscence chip producers and users. I am delighted that he has agreed to come out of early retirement and settle for the role as Chief Executive Officer and Managing Director and look ahead to working closely together.”

Commenting on his appointment Mr Hurley stated, “I am excited to settle for the role with 4DS and look ahead to main the Company’s efforts to ship our technology to the industry.”

4DS Memory Limited (ASX: 4DS), with facilities located in Silicon Valley, is a semiconductor development firm of non-volatile reminiscence technology, pioneering Interface Switching ReRAM for subsequent generation gigabyte storage in mobile and cloud.

www.4dsmemory.com

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