"On behalf of the entire board, I would like to thank John for his dedicated service and many strong contributions to GigaMedia," stated Chairman Mo-Na Chien. "He has been a driving force in the turnaround of the company and we wish him the best."
Mr. Hwang's appointment as CEO is effective immediately.
, GigaMedia Limited (
registration number: 199905474H) is a diversified provider of online games and cloud computing services. GigaMedia's online games business develops and operates a suite of games in
, with focus on Web-based/mobile games. The company's cloud computing business is focused on providing SMEs in
with critical communications services and IT solutions that increase flexibility, efficiency and competitiveness. More information on GigaMedia can be obtained from
The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2012.
For further information contact:
, Investor Relations Director+886-2-2656-8016
SOURCE GigaMedia Limited