Nordic Semiconductor

Nordic Semiconductor CFO resigns to accept another position

Chief Financial Officer Robert Giori has resigned from

Nordic Semiconductor to accept another position. He

will continue as Group CFO until August. Nordic

Semiconductor has started a recruitment process to

take over his role in the company.

Robert has accepted a position as CFO of Atea ASA, an

IT solutions provider listed on the Oslo Stock

Exchange with NOK 22 billion in revenue (USD 3.7

billion) and 6500 employees.

"I am tremendously grateful to the entire Nordic

organization for five wonderful years as CFO. Our

company has grown dramatically and transformed into

the market leader in Bluetooth Smart technology during

this time. The market for Bluetooth Smart and

embedded wireless technologies is just at the start of

a major growth phase -- and Nordic is extremely well

positioned for success in this market with its

pioneering technology and highly skilled team. I am

sad to leave my colleagues at Nordic, but at this

stage in my CFO career, I was interested in the

challenge of managing a larger organization,"

commented Robert Giori.

"The Board and Management of Nordic Semiconductor

would like to thank Robert for his contribution during

five years as Chief Financial Officer. Robert has

helped our company immensely as it has grown. We wish

him well in his new position, and will continue to

work closely with Robert to ensure a smooth transition

for his responsibilities," commented CEO Svenn-Tore

Larsen.

For further information, please contact:

Svenn T Larsen, CEO. +4798285476

Robert Giori, CFO. +4793409188

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