PALO ALTO, CALIFORNIA and TORONTO, ONTARIO--(Marketwired - July 15, 2013) - Spectra7 Microsystems Inc. (TSX VENTURE:SEV) ("Spectra7" or the "Company"), a high performance analog semiconductor company delivering unprecedented speed, resolution and signal fidelity to consumer and wireless infrastructure products, today announced that Dr. Stephen Jantzi has been promoted to Vice President of Engineering for the Company. In addition to responsibility for all aspects of Design Engineering at the Company's four global Design Centers, the expanded role will also include responsibility for worldwide Applications Engineering. Dr. Jantzi succeeds outgoing Vice President of Engineering Lance Greggain who is leaving Spectra7 to pursue other opportunities.

"We're delighted to have Stephen on the management team and running all aspects of Engineering at Spectra7," commented Tony Stelliga, CEO of Spectra7. "His proven track record of getting complex consumer products out on time will further accelerate our rapid growth."

Prior to joining Spectra7, Dr. Jantzi worked at Broadcom Corporation as Principal Scientist and has also worked with Analog Devices, Inc. His work in high performance modulators and data converters has been cited hundreds of times and designs based on his work are now in general use in mobile receivers in HDTV's and mobile handsets. Dr. Jantzi was also Director of Engineering at Fresco Microchip where he played a key role in the development of their TV demodulator chips that rapidly ramped to over 40 million units in shipments.

Dr. Jantzi received his Ph.D. from the highly acclaimed analog and RF Engineering program at the University of Toronto where he worked with renowned experts Kenneth Martin and Adel Sedra. He has authored or co-authored over a dozen IEEE papers and holds 6 U.S. Patents. 

"I'm excited to be chosen to take on this broader role in the Company," commented Dr. Jantzi, "Spectra7 has huge potential and I'm eager to take on the challenge."

Stephen is based at the Company's Engineering Center of Excellence in Irvine, California. 

ABOUT SPECTRA7 MICROSYSTEMS INC.

Spectra7 Microsystems Inc. (TSX VENTURE:SEV) is a high performance analog semiconductor company delivering unprecedented speed, resolution and signal fidelity to consumer and wireless infrastructure products. Spectra7's new system level components address the bottlenecks and the exponential demand for more bandwidth and lower costs in mobile and internet infrastructure equipment, including handsets, tablets, base stations and microwave backhaul systems. Spectra7 was recently identified by CIBC World Markets as one of Canada's hottest technology companies in a report published in June 2013. Spectra7 is headquartered in Markham, Ontario with development centers in Silicon Valley, Irvine, California and Cork, Ireland. For more information, please visit www.spectra7.com.

Certain information in this news release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Spectra7 assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to Spectra7. Additional information identifying risks and uncertainties is contained in Spectra7's filings with the Canadian securities regulators available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.