Infineon appoints new CEO for the US

Mr. Duggan will be responsible for the business activities at headquarters in North America. He will report directly to Infineon's North American Board of Directors, chaired by Dr. Wolfgang Ziebart, CEO and President of Infineon Technologies AG. Mr. Duggan will become CEO and President of Infineon North America effective on September 25, 2006. Mr. Duggan comes to Infineon from Future Electronics where he was Presidentand Chief Operating Officer until earlier this year. He spent over 20 yearsat Future where he held several executive leadership positions including Executive Vice President of Worldwide Product Marketing, Executive Vice President of North America Sales and Vice President of Sales. Prior to joining Future, Mr. Duggan held a number of management positions in the Canadian communications RF industry.