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Asyst Technologies Names Robert J. Nikl as Chief Financial Officer.


FREMONT, Calif. -- Asyst Technologies, Inc. (Nasdaq:ASYT), a leading provider of integrated automation solutions that enhance semiconductor and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time  manufacturing productivity, today announced that it has named Robert J. Nikl to the position of Senior Vice President, Finance and Chief Financial Officer.

Nikl, age 49, has more than 25 years of experience in financial management and public accounting, most recently as corporate vice president, finance, of global operations for Solectron Corporation (NYSE NYSE

See: New York Stock Exchange
:SLR (1) (Scalable Linear Recording) A line of magnetic tape drives from Tandberg Data that evolved from the QIC Data Cartridge format. See QIC.

(2) (Single Lens Reflex) A camera that uses the same lens for viewing and shooting.
) in Milpitas, Calif. Prior to joining Solectron, Nikl held a number of senior financial management positions for Xerox Corporation (NYSE:XRX XRX Xerox Corporation (stock symbol) ), including vice president, finance, for Xerox Engineering Services. He began his career in public accounting for KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 Peat Marwick. He is a certified public accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 and holds an MBA from the University of Connecticut The University of Connecticut is the State of Connecticut's land-grant university. It was founded in 1881 and serves more than 27,000 students on its six campuses, including more than 9,000 graduate students in multiple programs.

UConn's main campus is in Storrs, Connecticut.
 as well as a bachelor's degree in public accounting from Pace University.

Steve Schwartz, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Asyst, said, "We are delighted to add Bob Nikl to our management team at Asyst. He has deep experience in improving profitability, enhancing business processes and leading large finance organizations through challenging business environments. This complements the background and objectives of Warren Kocmond, senior vice president of global operations, who is leading multiple initiatives to accelerate the commercialization of new products, improve the efficiency of our supply chain organization, and enhance our execution on behalf of customers."

About Asyst

Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (FPD) manufacturers to increase their manufacturing productivity and protect their investments in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management, substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable solutions allow chip and FPD manufacturers, as well as original equipment manufacturers, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995

Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to: the company's ability to reduce costs, improve profitability, or enhance its business systems, to retain key employees, and other factors more fully detailed in the company's annual report on Form 10-K for the year ended March 27, 2004, and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission.

"Asyst" is a registered trademark of Asyst Technologies, Inc. All Rights Reserved.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 22, 2004
Words:435
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