Brooks Automation Inc. Appoints Charles M. McKenna, Ph.D. to Lead Automation Systems Division.Business/Technology Editors CHELMSFORD, Mass.--(BUSINESS WIRE)--July 10, 2000 Brooks Automation, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BRKS BRKS Brooks (street suffix) ) today announced the appointment of Charles M. McKenna, Ph.D. to the position of Executive Vice President, Automation Systems Division. The Automation Systems Division has the legacy part of Brooks which includes vacuum and atmospheric hardware and equipment software and controls for the semiconductor OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and fab automation markets. Mr. McKenna will report to Mr. Robert J. Therrien, President and Chief Executive Officer of Brooks Automation. Mr. McKenna comes to Brooks from Varian Semiconductor Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) is a supplier of ion implantation equipment used in the fabrication of semiconductor chips. Varian Semiconductor was founded in 1971 as Extrion Corporation in Peabody, Massachusetts. Equipment Associates (VSEA VSEA Varian Semiconductor Equipment Associates VSEA Visual Studio Enterprise Architect ), where he was Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Chief Technology Officer. He has over 26 years experience in the industry. Mr. McKenna has a B.S. in physics from St. Joseph's University (PA) as well as a Ph.D. in nuclear physics from Florida State University Florida State University, at Tallahassee; coeducational; chartered 1851, opened 1857. Present name was adopted in 1947. Special research facilities include those in nuclear science and oceanography. . Mr. McKenna resides with his wife, Barbara, in Boxford, MA. Bob Therrien, President and Chief Executive Officer of Brooks Automation said, "I am pleased to have Chuck McKenna join our team and look forward to having him help the company navigate the road ahead, especially the transition to 300mm products that we expect to be a significant business opportunity for the company. The depth, breadth and capability he brings from managing a large, complex business in the semiconductor industry is a significant addition to our management team." "I am pleased to be joining Brooks at such a pivotal time in its history," said Chuck McKenna. "The needs of the automation market and the competitive landscape will experience a lot of change in the next 3 to 5 years. I'm looking forward to the opportunity for delivering "Best-in-Class" modules and total solutions that come from one integrated source." Mr. McKenna, and the other senior members of the Brooks management team will be available to meet customers and analysts at SEMICON SEMICON Semiconductors Equipment and Material International Conference West July 10th-12th. A special opportunity to meet Mr. McKenna will be at the Analysts Open House to be held from 4:00 PM - 6:00 PM on Tuesday, July 11 at the Brooks' booth #5268 in the Moscone Center in San Francisco, CA. Brooks Automation, Inc. Brooks Automation, Inc. is a leading supplier of integrated automation solutions for the global semiconductor, data storage, 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 industries. As an established market leader in hardware and software automation, Brooks continues to pioneer "Best-in-Class" technologies that outperform their competitors - from vacuum and atmospheric robots, cluster tool platforms and modules, ultra clean mini-environments for isolating processing equipment and wafers - to factory and tool automation software and integration services. Both OEM and fab customers leverage Brooks Automation products and services to optimize total fab performance in dynamic manufacturing environments. The Company has ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certification, is headquartered in Chelmsford, MA and has direct operations in the United States, Canada, Europe, Japan, Korea, Taiwan, and Singapore. Brooks' web site is www.brooks.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: The foregoing discussion contains forward-looking statements related to future financial results. These statements involve known and unknown risks and uncertainties including, without limitation, risks relating to the Company's dependence on the cyclical semiconductor industry, the Company's dependence on relatively few customers for a significant portion of its revenues, the Company's reliance on sales to OEM customers and the lengthy sales cycles of those customers, the ability of the Company to continue to successfully develop and market new products and product enhancements on a timely basis, the ability to integrate recent acquisitions into the Company, the highly competitive nature and rapid technological change that characterize the industries in which the Company competes, and other risks and uncertainties described in the Company's reports and registration statements filed with the Securities and Exchange Commission. As a result, there can be no assurance that the Company's future results will not be materially different than those projected. The Company also operates in an industry sector where securities' values are highly volatile and may be influenced by economic and other factors beyond the Company's control. The forward-looking statements contained herein speak only of the Company's expectations as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based. |
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