Credence Announces Resignation of Chief Financial Officer.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Dec. 18, 2000 Credence Systems Credence Systems Corporation (NASDAQ: CMOS), is a manufacturer of test and analytical equipment for the global semiconductor industry. Founded in 1978, it is publicly traded on the Nasdaq stock market under the symbol CMOS. Corporation (Nasdaq NMS See NetWare Management System. :CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. ), a leading manufacturer of automatic test equipment (ATE) for the worldwide semiconductor industry, today announced that Dennis P. Wolf has resigned as Executive Vice President and Chief Financial Officer of the Company for health reasons. "During Dennis' two and one-half years at Credence, he has been an invaluable contributor to the overall growth of the Company. We greatly appreciate all that Dennis has done for Credence, and we will miss his contributions," said Graham J. Siddall, Credence's President and Chief Executive Officer. The board has appointed John Detwiler, the Company's Finance VP and Corporate Controller, to temporarily assume the responsibilities of interim Chief Financial Officer until such time as a permanent replacement for Mr. Wolf is found. About Credence Systems Corporation Credence Systems Corporation is a leader in the manufacture of automatic test equipment (ATE) for the worldwide semiconductor industry. Credence offers a wide range of products with test capabilities for digital, mixed-signal, and non-volatile memory Refers to memory chips that hold their content without power being applied. It may refer to chips that are not changeable, such as ROMs and PROMs, or to chips that can be rewritten many times such as flash memory. semiconductors. Utilizing its proprietary CMOS technologies, Credence products are designed to meet the strict time-to-market and ownership requirements of its customers. Headquartered in Fremont, California For the unincorporated community in Yolo County, California, see . Fremont (IPA: /ˈfriːmɒnt/) is a city in California that was incorporated on January 23, 1956, from the merger of five smaller communities: , the company maintains advanced production and design facilities in Hillsboro, Oregon. Credence, an 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 certified manufacturer, is listed on the Nasdaq National Market under the symbol CMOS. More information is available at http://www.credence.com. Note to Editors: Credence and Credence Systems are trademarks of Credence Systems Corporation. Other trademarks that may be mentioned in this advisory are the intellectual property of their respective owners. |
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