Asyst Technologies Names Warren Kocmond as Senior Vice President, Worldwide Manufacturing Operations.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--May 5, 2004 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 Warren C. Kocmond, Jr. to the position of senior vice president, worldwide manufacturing operations. He has more than 20 years' experience in engineering and manufacturing operations, most recently as a corporate vice president for Applied Materials, Inc. "We believe that we have substantial opportunities to realize more of the inherent productivity and cost advantages of our outsourced manufacturing model," said Steve Schwartz, chairman 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. "Warren Kocmond has extensive manufacturing and operations experience within the semiconductor equipment industry and a proven track record of improving efficiency and reducing costs throughout his career. In his new role, he will be responsible for accelerating productivity and cost reduction programs in our outsourced manufacturing operations and for leading a parallel effort at Asyst Shinko, Inc. We are excited that Warren recognized the opportunities here at Asyst and we look forward to his contributions as a member of our senior management team." Prior to joining Applied Materials, Kocmond, 44, was vice president, manufacturing for ETEC ETEC enterotoxigenic Escherichia coli. ETEC Enterotoxic Escherichia coli, see there Systems, Inc., Hayward, Calif., and director of manufacturing, high-end operations, for Silicon Graphics, Inc. He also has held various manufacturing and engineering management positions for MIPS Computer, Hewlett-Packard Co., and Lockheed Missiles & Space Co. He holds a master of science degree in systems management from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission and a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in mechanical engineering from the University of Nevada University of Nevada could refer to either of the universities in the Nevada System of Higher Education:
Mr. Kocmond replaces Fred Tiso, who is leaving the company to pursue other business interests. About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. ) 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " 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 or improve the productivity and efficiency of its outsourced manufacturing operations, as well as at Asyst Shinko, Inc. (the company's 51% majority-owned joint venture) to retain key employees, and other factors more fully detailed in the company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. (as amended) for the year ended March 31, 2003, and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. "Asyst" is a registered trademark of Asyst Technologies, Inc. |
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