Bel Announces Executive Promotions

October 29, 2007
Bel Announces Executive Promotions

Bel Announces Executive Promotions

JERSEY CITY, New Jersey, October 29, 2007 -- Bel Fuse Inc. (NASDAQ:BELFA & NASDAQ:BELFB) announced today the promotions of Andrew Wong to the new position of Vice President Circuit Protection, and Raymond Cheung to the new position of Vice President Asia Operations.

 

"As long-time veterans of our Company and the electronics industry, Andrew Wong and Raymond Cheung bring a wealth of experience and expertise to their expanded roles at Bel. These promotions represent important additions to Bel's senior management team," said President Daniel Bernstein.

 

Andrew Wong, 60 years old, joined Bel in 1972. He has served as the Engineering and Production Manager and Director of various product groups over the years. Most recently, Mr. Wong has successfully managed Bel's Circuit Protection group.  Prior to joining Bel, he was employed by Sprague Electric Company. His educational background includes a Certificate in Electronic and Communications Engineering.

 

Raymond Cheung, 50 years old, joined Bel in 1990. Prior to joining Bel, Mr. Cheung worked as a Design and Project Engineer at Astec Power, Computer Products, and as a Technical Sales Manager at Asian Sources Magazine.  At Bel he has served as a Regional Sales Manager and most recently as Director of Sales for Asia. He holds a BSEE from Birmingham University, United Kingdom.

 

About Bel

Bel (www.belfuse.com) and its subsidiaries are primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission, and consumer electronics. Products include magnetics (discrete components, power transformers and MagJack®s), modules (DC-DC converters, integrated analog front end modules and custom designs), circuit protection (miniature, micro and surface mount fuses) and interconnect devices (passive jacks, plugs and cable assemblies). Bel operates facilities around the world.

 

Forward-Looking Statements

Except for historical information contained in this news release, the matters discussed in this press release are forward looking statements that involve risks and uncertainties.  Among the factors that could cause actual results to differ materially from such statements are: the market concerns facing our customers, the continuing viability of sectors that rely on our products, the effect of business and economic conditions; capacity and supply constraints or difficulties; product development, commercializing or technological difficulties; the regulatory and trade environment; uncertainties associated with legal proceedings; the market's acceptance of the Company's new products and competitive responses to those new products and the risk factors detailed from time to time in the Company's SEC reports. In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct. We undertake no obligation to update or revise any forward-looking statements.

 

 

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Bel Fuse Inc.

206 Van Vorst Street

Jersey City, NJ 07302

www.belfuse.com

tel 201.432.0463

fax 201.432.9542

 

Investor Contact:

Neil Berkman Associates

(310) 277-5162

info@berkmanassociates.com

 

Company Contact:

Daniel Bernstein

President

ir@BelFuse.com