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MEMSIC INC.

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MEMSIC INC.
800 Turnpike Street, Suite 202
North Andover, MA 01845 USA
Tel: (978)738-0900
Fax: (978)738-0196

MEMSIC Semiconductor(Wuxi) Co.,Ltd.
Plot 107, Wuxi New District,
Jiangsu, 214028 CHINA
Tel: (86)510.5345688
Fax: (86)510.5345566

GENERAL CONTACTS
Sales USA: salessupport_andover@memsic.com
Sales China: salessupport_wuxi@memsic.com
URL: www.memsic.com

MANAGEMENT
Dr. Yang Zhao, President, CEO
Albert M. Leung, Vice President Technology
Feiming Huang, Vice President Manufacturing
Evan Sanders, Vice President Worldwide Sales
Kerri McQuilkin, Marketing Communications

BOARD OF DIRECTORS
Dr. Yang Zhao, President, CEO, Memsic, Inc
James A. Saalfield, Director, Managing General Partner Still River
Ron Dizy, Director, Partner, Celtic HousePaul
M. Zavracky, Director, President, COO, MicroOptical Corp.
Michael Tung, Director, Managing Partner / InveStar Capital Inc.
William M. Sheehan, Observer, Investor, Managing Director, Ironside Ventures, LLC

FAST FACTS
Classification: IC, MEMS
Founded: 1999
Founders:
Funding Third Round: 2002 (Sept), $1.9 Million
Investors Second Round: Celtic House, Ironside Ventures, Still River Fund and Investar
Investors First Round: Celtic House, Ironside
Ventures, Still River

MAIN INTEGRATED CIRCUIT PRODUCTS / TECHNOLOGY
Micromachines: Accelerometers

AGREEMENTS 2004
Texas Instruments Sensors and Controls Business Unit entered into an agreement whereby MEMSIC's thermal sensor would be made available to the automotive market through Texas Instrumentrs. The two companies, as part of the agreement, planned to work work together to develop new automotive products. These products, as part of the agreement, are to be manufactured by MEMSIC exclusively for Texas Instruments.

CUSTOMERS 2004
Thermal Accelerometer: TomTom for Car Navigation System, DS Ingegneria Vehicle Anti-Theft System (for Mercedes Benz), Mitsubishi Electric Corp.(Motion Sensor for Vodafone's Mobile Phone)

MANUFACTURING
MEMSIC's factory in China, 43,000 square feet, has the capacity to produce 3 million MEMS devices per month. The facility employs 150 and has been scheduled to employ 300 in 2005. The facility was built with an investment of $3 million.

Copyright 2004, 2005, Mark C. Stansberry, All Rights Reserved
 
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