Asyst Technologies Announces Douglas McCutcheon, CFO, to Resign.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Aug. 7, 2001 Asyst Technologies, Inc. (Nasdaq NM: ASYT), the leading provider of Standard Mechanical Interface (SMIF SMIF Standard Mechanical Interface SMIF Stream-based Model Interchange Format SMIF Shared Materials Instrumentation Facility (Duke University) SMIF Stanford Management Internship Fund SMIF SMAD4-Interacting Transcription Factor )-based automation manufacturing systems, announced today that Douglas J. McCutcheon, senior vice president, chief financial officer, plans to leave the company within the next few months. Mr. McCutcheon has agreed to continue in his current role until a successor has been identified to support a smooth transition and to complete various projects. He intends ultimately to pursue other business opportunities in the San Francisco Bay area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay . A search for a successor to Mr. McCutcheon is under way. Mihir Parikh, Ph.D., chairman and chief executive officer commented, "We would like to thank Doug for his dedication to Asyst and for his many contributions including the financial strategies, organization and executive support for the significant growth of Asyst over the past six years. We wish him the very best in his future pursuits. We also appreciate his willingness to stay with Asyst until a successor is named to facilitate a seamless transition." About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation systems for the semiconductor manufacturing industry, which enable semiconductor manufacturers to increase their manufacturing productivity and protect their investment in silicon wafers during the manufacture of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , or ICs. Through its "Value-Assured Fab" strategy, Asyst offers a broad range of 200mm and 300mm solutions that enable the safe transfer of wafers and information between the process equipment and the fab line throughout the IC fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. process, while reducing IC damage caused by human, environmental, mechanical and chemical factors. Encompassing isolation systems, work-in-process materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , substrate-handling robotics robotics, science and technology of general purpose, programmable machine systems. Contrary to the popular fiction image of robots as ambulatory machines of human appearance capable of performing almost any task, most robotic systems are anchored to fixed positions , automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable The ability for one system to communicate or work with another. See interoperability. solutions allow chipmakers and original equipment manufacturers, or OEMs, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com |
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