Credence Systems Announces Graham J. Siddall as New President and Chief Executive Officer.FREMONT, Calif.--(BUSINESS WIRE)--July 31, 1999-- 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. ) today announced that Dr. Graham J. Siddall has been named president and chief executive officer. Graham will also join Credence Systems Corporation's Board of Directors. Dr. Siddall joins Credence Systems Corporation from KLA-Tencor where he was executive vice president of the Wafer Inspection Group. This organization comprises the largest Group at KLA-Tencor. Prior to this assignment, he served as 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. of Tencor, and was pivotal in the integration of Tencor with KLA KLA Kosovo Liberation Army KLA Key Learning Area (NSW Department of Education) KLA Kansas Livestock Association (Topeka, KS) KLA Kentucky Library Association KLA Kansas Library Association . Dr. William G. Howard will continue as chairman of Credence Systems Corporation. Dr. Howard commented, "We are extremely pleased that Graham has joined Credence. He brings to the company proven experience in managing a high growth semiconductor capital equipment company." Dr. Howard added, "Credence is at a crossroads now of becoming a large company and Graham has successfully demonstrated an ability to manage through this phase effectively. We know that Graham will bring that experience to bear at Credence. Graham is also an accomplished technologist and will help the company continue as the innovative leader in its industry. Because of these strengths, the Board unanimously agreed that Graham is the ideal candidate to leverage Credence's core strengths during this time of rapid growth." Dr. Howard added, "We wish to express our sincere gratitude to Dave Ranhoff and Dennis Wolf Dennis Wolf (born October 30, 1978 in Tokmok, Kyrgyzstan) is an IFBB professional bodybuilder. To date, Dennis Wolf's most notable appearance was in the 2007 Mr. Olympia. He placed fifth in this competition. for all of their efforts and skill during the interim period as the Board completed its search. Dave and Dennis are doing an outstanding job in improving the company's operations, launching and ramping the new products, and improving the overall financial strength of the company. With the addition of Graham we have rounded out this team to take on the next high growth phase for Credence." "I am extremely excited about joining Credence Systems," said Siddall. "Credence is a company of great opportunity. The company has a very powerful brand, is well respected, has superb technology, strong customer relationships and very talented employees. I am delighted to have the opportunity to lead this team." 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, the company maintains advanced production and design facilities in Hillsboro, Oregon Hillsboro is a city in and county seat of Washington County, Oregon, United States.GR6 The community began in 1842 and was named Hillsborough in 1850, before incorporation in 1876 as Hillsboro. . 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. Note to Editors: Credence and Credence Systems are trademarks of Credence Systems Corporation. Other trademarks, which may be mentioned in this release, are the intellectual property of their respective owners. |
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