Senseg Names Paul Costigan CEO

Leading Semiconductor Executive to Steer Next-Generation Haptic Technology Company

HELSINKI/CUPERTINO/TAIPEI -- June 25, 2012 -- Senseg, the leader in next-generation haptic technology, today announced that it has appointed Paul Costigan as chief executive officer. A leading semiconductor executive with global experience, Costigan will oversee Senseg’s market entry. He will be based in Senseg’s Asia-Pacific headquarters in Taipei, Taiwan.

Previously, Costigan was the chief operating officer and president of the Asia-Pacific region for Movidius. Prior to that, he was the chief operating officer of Chipidea Microelectronica S.A., based in Lisbon. Costigan is best known as the co-founder and chief executive officer of Massana, a Dublin- and Palo Alto-based fabless semiconductor firm focused on the Gigabit Ethernet market. Massana was acquired by Agere Systems (now part of LSI Corp.) in 2003. Costigan began his career as a GSM chipset developer with Alcatel. He holds an MSEE degree from Northeastern University and a BE degree from University College, Dublin.

“There are very few opportunities to lead the growth of a revolutionary technology company, and Senseg provides that rare moment. I am thrilled to join such a talented group of individuals as we prepare to enter the market with innovations in the field of haptics that will transform the user experience with touch interface devices,” said Costigan. “By developing a fully-functional solution in a tablet form factor Senseg has reached an impressive milestone, yet considerable work remains before we’re ready for mass production. I look forward to ensuring that our solution meets OEM requirements, and developing the market for this new kind of touch sensation.”

Senseg recently unveiled its solution that adds tactile effects to touch interfaces with a completely solid state solution—turning touch screens into “feelscreens.” The company’s patented technology produces tactile sensations with no mechanical vibration and will be integrated into a new generation of touch interface devices including tablet computers.

About Senseg

Senseg is the leader in next-generation haptic technology that delivers tactile sensations to the touchscreen user’s fingertips. Founded in 2006, Senseg adds tactile effects to touch interfaces with a completely solid state solution – turning touchscreens into “feelscreens.” The company’s patented technology will be integrated into a new generation of touch interface devices. Headquartered in Espoo, Finland, Senseg maintains offices in the U.S., Japan, and Taiwan. Senseg is backed by Ambient Sound Investments, Vera Venture, and Veturi Venture Accelerator.