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Sipex Appoints Rich Kapusta to Vice President of Interface Products

    MILPITAS, Calif., Oct. 26 /PRNewswire-FirstCall/ -- Sipex Corporation
(OTC Bulletin Board: SIPX.PK) today announces the appointment of Rich
Kapusta to the position of Vice President of Interface Products reporting
to Edward Lam, Senior Vice President of Marketing and Business Development.
    "We are truly excited to have Rich as a key member of the marketing
team," said Edward Lam. "With the addition of Rich, Sipex expands its
knowledge and expertise in interface markets which will aid us as we define
and develop performance solutions."
    Rich has over 14 years of semiconductor experience with his most recent
position as Product Line Director for Cypress's $100M per year High Speed
USB business unit. Additionally, Rich has held positions of Strategic
Marketing Director, Senior International Marketing Manager, and
Applications Engineer within Cypress Semiconductor.
    "There is a very long legacy of leadership in the interface product
category at Sipex," explained Rich. "We have an excellent opportunity to
build this business by taking our competencies and expanding into adjacent
interface standards. I am looking forward to driving the expansion of our
products in this space."
    About Sipex Corporation
    Sipex Corporation is an analog semiconductor company that addresses
standard linear and application specific standard products (ASSP) for
customer systems that are primarily targeted at the consumer, networking
and industrial markets. The products are categorized into three synergistic
areas of power management, interface and optical storage. Sipex is a global
company with operations in Asia, Europe and North America. It is the
mission of the Company to create innovative analog products that enable
customers to produce differentiated products.
    For additional information, contact:
    Edward Lam
    Senior VP, Marketing and Business Development
    Phone: 408-934-7500
    Fax: 408-935-7600
    Email: ELam@sipex.com


SOURCE Sipex Corporation




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    CONTACT:
    Edward Lam, Senior VP, Marketing and Business
    Development of Sipex Corporation, +1-408-934-7500, or fax,
    +1-408-935-7600, or ELam@sipex.com