PHOENIX, Arizona – May 9, 2019 –

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SVP Mamoon Rashid joins advisory board for leading provider of high-performance analog, mixed-signal and RF electronics

PHOENIX, Arizona – May 9, 2019 – ON Semiconductor Corporation (Nasdaq: ON), driving energy efficient innovations, is pleased to announce the appointment of Mamoon Rashid, senior vice president of strategic ventures at ON Semiconductor, to the advisory board of Alphacore Inc. a high-performance leader in analog, mixed signal and RF electronic design. The advisory board was chartered in 2018 to provide strategic business guidance to help Alphacore continue its growth, landing it in the Inc. 500 – Fastest Growing Companies in America last year.

“I am honored to join the Alphacore Advisory Board and look forward to having the opportunity to provide the guidance and intellectual resources needed to support ongoing development in the semiconductor industry,” said Mr. Rashid. “This relationship supports ON Semiconductor’s commitment to silicon innovation.”

Mamoon joined ON Semiconductor in 2004 and is currently responsible for implementing inorganic strategic programs which include divestitures, key technology partnerships, incubation and acquisitions. From January 2013 to September 2016, he served as President and Representative Director of ON Semiconductor’s Japanese subsidiary Systems Solutions Co. Ltd. Prior to joining ON Semiconductor, he held management positions at Intersil Corporation in the linear analog area, as well as other leading semiconductor companies.

“I am so pleased to have Mr. Rashid join the advisory board,” stated Dr. Esko Mikkola, founder and CEO of Alphacore. “We look forward to working closely with Mamoon, along with our existing members Jim Hogan and Pete Rodriguez, as we capitalize on Alphacore’s success to date and plan for our future growth in the market.”

“I have been advising Alphacore for over a year, and have observed the team deliver innovative and extremely high-performance analog and mixed-signal IP. The guidance and insight that Mamoon will provide supports both companies’ goals in ongoing innovation in the semiconductor industry.” said Pete Rodriguez, CEO of Silicon Catalyst.

ON Semiconductor’s strong commitment to silicon innovation includes its participation as a Strategic Partner of Silicon Catalyst, an incubator that has developed an advanced ecosystem for semiconductor startups.

About Alphacore,

Alphacore is a leading provider of high-performance analog, mixed-signal and RF electronics. Alphacore specializes in high-speed and high-reliability products, including ADCs, PLLs, ultra-high-speed imaging, and cybersecurity solutions. Alphacore delivers products and performs services for dozens of industry, government and research agencies. It has established partnerships with nine leading academic institutions and is a significant research funder for Arizona State University. Founded in 2012, Alphacore is headquartered in Tempe, Arizona. Alphacore was recognized by Inc. Magazine as one of the top 500 fastest growing American companies in 2017. Visit Alphacore at https://https://www.alphacoreinc.com/

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.

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