Credence Recruits Two Top Test Executives.FREMONT, Calif.--(BUSINESS WIRE)--Feb. 18, 1997--Credence Systems Corporation (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 :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 semiconductor industry, today announced the hiring of two new sales executives: Clyde Armstrong Vice President of Worldwide Sales and Bart Freedman Vice President of Strategic Sales. "Both Clyde and Bart's unique leadership abilities will enable Credence to maintain our commitment to deliver unsurpassed customer service," said David A. Ranhoff, Credence's Executive Vice President, Sales and Marketing. "With almost 50 years of combined experience in the ATE industry, Clyde and Bart will improve our team's experience base while contributing significantly to our worldwide strategic direction." Clyde Armstrong joined Credence from LTX LTX Liver Transplant LTX Lane Training Exercise LTX Laptop Expansion (Slot) where he most recently held the position of Vice President, Marketing for Trillium products. Clyde has filled many roles in the ATE industry including Vice President and General Manager of LTX's Digital Business Unit, Director of Far East Sales and Vice President of the Board Test Product Group at Eaton. Clyde was also instrumental in orchestrating the LTX/Ando joint development. Clyde started in the ATE industry at Fairchild Test Systems in 1967 and during his 30 years in the industry, lived in Japan, Singapore and the U.S. Clyde's experience spans the development, marketing, selling, servicing and application of automatic test equipment. Bart Freedman brings over 17 years of experience in sales and strategic business development to Credence. Prior to joining Credence, Bart was Vice President, North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Test System Sales System sales is a business term used in the franchising industry. Franchisors provide supplies, marketing and administration services to franchisees in return for a part of the franchisees' revenues. Some franchisors also operate some outlets directly. with Schlumberger, Inc. Freedman also spent nine years in a variety of roles for Tektronix, Inc. As Tektronix's Director of Business Development, Bart was the primary architect for international business alliances with Advantest of Japan and Rhode & Schwarz of Germany. Freedman graduated Magna Cum Laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. with a BS degree in Electrical Engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from Tufts University Tufts University, main campus at Medford, Mass.; coeducational; chartered 1852 by Universalists as a college for men. It became a university in 1955. Jackson College, formerly a coordinate undergraduate college for women, merged with the College of Liberal Arts in and went on to obtain his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration at Northeastern. Credence Systems Corp. is a leading manufacturer of automatic test equipment (ATE) that serves a broad spectrum of the worldwide semiconductor industry's testing needs. Credence offers a wide range of products with test capabilities for digital, mixed-signal, and memory semiconductors. The Company utilizes its proprietary CMOS technologies to redefine test with products that are designed to solve its customers' business problems through technology while meeting the increasingly demanding performance requirements of today's ATE market. The Company is headquartered in Fremont, California with manufacturing in Beaverton, Oregon. Credence is listed on the Nasdaq National Market under the symbol CMOS and can be found on the World Wide Web at http://www.credence.com . -0- Note to Editors: Credence, Credence Systems, and SC Series are trademarks of Credence Systems Corp. Other trademarks mentioned in this release are the intellectual property of their respective owners. CONTACT: Credence Systems Corp. Connie Graybeal or Bill Bottoms, 510/657-7400 connie_graybeal@credence.com or The Loomis Group Inc. Bruce Bedortha, 415/882-9494 bruce@loomisgroup.com |
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