GSI Technology, Inc. Appoints Former Amazon and Microsoft Executive Gur Kimchi to Advisory Board

Rhea-AI Summary

GSI Technology (NASDAQ:GSIT) has appointed Gur Kimchi to its Advisory Board. Kimchi brings over a decade of experience from Amazon, where he co-founded the Prime Air drone project, and has previously held positions at Microsoft. His expertise in AI-powered systems and memory architectures is expected to enhance GSI’s strategic direction, especially for its innovative Gemini Associative Processing Unit. GSI aims to expand its Advisory Board, leveraging Kimchi's leadership to drive technology and market growth.

Positive

• Appointment of Gur Kimchi expected to strengthen strategic direction.
• Experience with Amazon and Microsoft adds significant technological expertise.
• Focus on AI and memory architectures may improve product offerings.

Negative

• None.

SUNNYVALE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, today announced the appointment of Gur Kimchi to its Advisory Board.

After joining Amazon in 2012, Gur co-founded the Amazon Prime Air delivery-by-drone project and led the organization for over seven years, culminating recently with Amazon being granted a Part-135 commercial airline certificate by the FAA. Prior to Amazon, Gur spent ten years at Microsoft where he worked on a range of innovative technologies & services, including Enterprise Communications, Virtual Earth & Bing Maps, Cloud Infrastructure including custom Cloud Hardware, Augmented/Virtual Reality, and Photogrammetric Data & Services. A veteran of five early stage companies, Gur previously served on the board of Waze (acquired by Google) and was one of the early developers of VoIP technology and IP-based telecommunications interoperability standards. Gur is a founding member of the FAA Drone Advisory Committee, and worked in collaboration with the FAA, NASA, SESAR, and ICAO on the development of the Federated Airspace Management Architecture, enabling the safe integration of drones into the airspace around the world.

“I have followed the development of Associative Processing technology for over 25 years” said Gur, “During that time, I have worked on some of the world’s largest AI-powered systems, including some of the first GPGPU-powered services, and was often frustrated with the capabilities of the available compute and memory architectures. The APU approach, blending memory, IO, and computation, is a unique enabler that will fundamentally and exponentially improve the scalability, lower the latency, and radically improve the power-usage of large-scale AI systems. I’m very excited to join the team and assist GSI on their journey.”

"Gur Kimchi is a visionary and strong leader, who excels at implementing visions, building teams, and leading them to success," said GSI Technology's Chairman and CEO, Lee-Lean Shu. "His extensive experience in effectively creating and launching a vast array of new technologies and products, overseeing large and complex operational teams, and working with customers and partners to understand their product and technology needs will be a valuable resource to GSI Technology. Gur is our inaugural Advisory Board member, and we are extremely fortunate to have his expertise and thought leadership to provide innovative advice and a dynamic perspective to our Company."

Continued Mr. Shu, "The goal of GSI's Advisory Board is to provide strategic direction on technology, applications and markets, as well as launches and marketing plans for the APU. We are building a pipeline of candidates for the Advisory Board and plan to expand the Board as opportunities arise."

About GSI Technology

Founded in 1995, GSI Technology, Inc. is a leading provider of semiconductor memory solutions. GSI’s resources are currently focused on bringing new products to market that leverage existing core strengths, including radiation-hardened memory products for extreme environments, and Gemini, the APU designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology is headquartered in Sunnyvale, California and has sales offices in the Americas, Europe, and Asia. For more information, please visit www.gsitechnology.com.

Contacts:

Investor Relations
Hayden IR
Kim Rogers
Managing Director 385-831-7337
Kim@HaydenIR.com

Media Relations
Finn Partners for GSI Technology
Julie Ortega
510-697-5599
gsi@finnpartners.com

Company
GSI Technology, Inc.
Douglas M. Schirle
Chief Financial Officer
dschirle@gsitechnology.com
408-331-9802

Source: GSI Technology, Inc.

FAQ

What are the implications of Gur Kimchi joining GSI Technology's Advisory Board?

Gur Kimchi's appointment is expected to provide GSI Technology with strategic direction and enhance its focus on AI and memory solutions.

What relevant experience does Gur Kimchi bring to GSI?

Gur Kimchi co-founded Amazon Prime Air and has extensive experience in technology from his time at Microsoft, contributing valuable insights into AI and memory architectures.

What is the significance of the Gemini Associative Processing Unit for GSI Technology?

The Gemini APU aims to improve scalability, reduce latency, and enhance power efficiency for large-scale AI systems, positioning GSI favorably in high-performance markets.