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Sipex Announces Vice President of Sales

    MILPITAS, Calif., Jan. 11 /PRNewswire/ -- Sipex Corporation today
announced the appointment of Gene Schaeffer as the Company's Vice President of
Sales for the Americas and Europe. Gene is a semiconductor veteran of 20 years
and brings to Sipex extensive industry experience.
    "We are excited to have Gene join the Sipex team. Gene's energy and skill
as a cross-functional team player deliver value that goes beyond his sales and
product expertise," said Ralph Schmitt, CEO of Sipex. "His proven ability to
lead a successful, customer-conscious sales organization will help retain
existing customers and win new ones in the highly-competitive environment we
face today."
    Before joining Sipex, Mr. Schaeffer served as the Vice President of
Strategic Accounts at Cypress Semiconductor. During his 8-year career with
Cypress, Mr. Schaeffer held positions of increasing responsibility in sales
management including Vice President Channel Sales, Vice President Americas
Sales, Director Strategic Accounts and Lucent Strategic Account Manager. Mr.
Schaeffer started his semiconductor career in Distribution sales and spent
8-years at a manufacturers' representative firm in the Mid-Atlantic market.
    "I'm excited to be a member of the Sipex team, and the opportunity to help
position the company as a leading provider of analog solutions," commented
Gene Schaeffer. "Sipex offers more than just products, we offer solutions that
meet our customer's needs. Our near term focus will be on expanding our
customer presence and broadening our demand creation engagements."

    About Sipex
    Sipex Corporation is a semiconductor company that designs, manufactures
and markets high performance, value-added analog integrated circuits (ICs).
Sipex serves the broad analog signal processing market with interface, power
management and optical storage ICs for use in automotive, portable products,
computing, communications, and networking infrastructure markets. The company
is headquartered in Milpitas, CA with additional offices in Belgium, Canada,
China, Germany, Japan, and Taiwan. Sipex sells products direct and through its
distribution channels. For more information about Sipex, visit http://www.sipex.com.

    CONTACT:  Edward Lam, Senior VP, Marketing and Business Development,
+1-408-934-7500, or fax, +1-408-935-7600.


SOURCE Sipex Corporation




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    CONTACT:
    Edward Lam, Senior VP, Marketing and Business
    Development, +1-408-934-7500, or fax, +1-408-935-7600