Chun Chiu

Mr. Chiu has over 30 years of experience in the high-tech industry in the Silicon Valley. His current interests include assisting entrepreneurs and investors in starting and building successful businesses. Chun started to incubate NetScreen Technologies Inc. (NSCN) in late 1997 by forming and shaping the company, raising funds, and building the management team.

Mr. Chiu started his career as an IC Design Engineer, with involvement in developing the industry's first single chip calculator and watch in the early 1970s. Subsequently, he led a team to develop and introduce EPROM products. In 1976, he joined Hewlett-Packard, and engaged in the development of personal computer chips. In 1980, he co-founded Integrated Device Technology, Inc. (IDTI), where he developed hi-speed, low-power CMOS static RAM, as well as hi-speed DSP chips such as the 16-bit multiplier/accumulator. In 1986, while still at IDT, he switched tracks from engineering to business, and successfully established the Asia-Pacific market, as well as penetrating a tough Japanese market. In 1988, he left IDT and founded Quality Semiconductor Inc. (QSI), where he served as President, CEO, and Chairman. He brought QSI to its IPO in 1994, and eventually merged QSI into IDT in 1999.

Mr. Chiu received his BSEE from Waseda University in Tokyo, Japan, and his MSEE from Oregon State University.

Charles Clark
Chief Executive Officer

Charles Clark, who has more than 20 years experience in engineering and manufacturing, is responsible for all of Anchiva's sales, marketing, and product development, manufacturing and test operations. Before Anchiva, Clark was vice president of operations at NetScreen Technology for five years, building revenue from $1 million to $105 million per quarter. During his 15-year tenure at Integrated Device Technology, a global leader in semiconductor solutions, Clark joined as a manufacturing engineer and later led multiple product divisions as vice president, at times growing revenue more than ten fold. Clark began his career at National Semiconductor Corp. Clark earned a Bachelor of Science degree from San Jose State University.

Franny Lee

Ms. Lee has been investing in private equities in Greater China Region and the US for AsiaVest since its founding in 1995. She has primary responsibility for over 25 investments in a wide ranger of industries, including semiconductor, IP, software and communications. Her past investments include BenQ, O2Micro (NASDAQ: OIIM), Falconstor (NASDAQ:FALC), and OSA (acquired by Avocent). She currently holds board seats at Inapac Technology, Inc., Silicon Technology Investment (Cayman) Corp., and Anchiva Systems, Inc.

Prior to joining AsiaVest, Ms. Lee was with the Capital Markets Group of Goldman, Sachs & Co. (New York), focusing on private placements for U.S. and international fixed income securities. Earlier in her career, she worked at Jardine Fleming Securities and IBM in Taiwan. Ms. Lee holds an M.B.A. from the Wharton School of Business, and a BS in business from the National Taiwan University. Ms. Lee is a Fulbright Foundation Fellow.