Powervation Announces Mike McAuliffe as CEO

"We are delighted to bring Mike onboard to lead the Powervation team. His proven strategic business building skills and global leadership experience across multiple sectors will help move the company on to the next level as it grows to achieve its full potential" commented Fearghal O'Riordain who is a non-executive director at Powervation and a partner at SEP Scottish Equity Partners.

Comments Powervation's new CEO McAuliffe: "I am thrilled to join Powervation. It is a unique opportunity to work with a talented team and lead the company development from a technology leader to a market leader in advanced digital power semiconductor solutions, which elegantly address the pervasive need for greater energy efficiency and system power management while delivering breakthrough ease-of-use for our customers."

McAuliffe brings over 20 years of extensive global experience in building businesses in the semiconductor and electronic component industry, most recently as Senior Vice President of Pulse Engineering (NYSE:PULS). There he held various senior management roles in sales & marketing, M&A, and executive management including responsibility for global Power, Automotive, Communications, and Medical/Acoustics businesses, and was previously VP for the EMEA region. Prior to Pulse, he also held marketing management and IC design positions at Texas Instruments (France) and Philips Semiconductor (Netherlands). McAuliffe earned a degree in electronic engineering from University College Cork, Ireland (BE) and is also an alumni of Henley Management College, UK (MBA) and Harvard Business School, USA (AMP).

About Powervation
Powervation (www.powervation.com) delivers energy-efficient semiconductor solutions for power systems used in Communications and Computing applications. The company's digital power IC technology brings full adaptive control to DC/DC conversion for the first time in a solution that reduces design complexity and cost, increases power supply performance, and accelerates time to market. Powervation is a private company backed by leading VCs and is headquartered in Limerick, Ireland, with sales/applications offices in San Jose, California and Hong Kong.