Credence Systems names David Cheung senior vice president, engineering.FREMONT Fremont (frē`mŏnt). 1 City (1990 pop. 173,339), Alameda co., W Calif., on San Francisco Bay; inc. 1956. Long an agricultural center, with champagne vineyards founded (1870) by Leland Stanford, it still ships fruits and vegetables. , Calif.--(BUSINESS WIRE)--Dec. 15, 1994--Credence Systems Corp. (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 supplier of advanced automatic test equipment (ATE), Thursday Thursday: see week. named David Cheung senior vice president of engineering. Cheung joined Credence in October October: see month. 1993, after spending more than 10 years in a variety of positions with the ATE Division of Schlumberger Schlumberger Limited is the world's largest oilfield services corporation operating in approximately 80 countries, with about 70,000 people of 140 nationalities. Schlumberger supplies a wide range of products and services from seismic acquisition and processing; formation Technologies Inc., where he led a team of 40 hardware engineers in developing a family of advanced digital IC testers. Prior to joining Schlumberger, he was employed by GenRad, Memorex Established in 1961 in Silicon Valley, Memorex is today a consumer electronics brand of Imation specializing in disk recordable media (CD & DVD Drives), travel drives, flash storage, computer accessories and other electronics. and Amdahl Corp. Credence President and Chief Executive Officer Elwood Spedden announced the promotion, noting that in a one-year period Cheung has made significant contributions to Credence's engineering efforts. "Dave joined Credence at a very pivotal time in our corporate history, and has already made enormous contributions to our engineering program," Spedden said. "We are developing and delivering to the market powerful new systems, enhancements and upgrades at a faster pace than ever before, due in large part to his leadership skills and experience." "Like many other veterans of the ATE industry who have joined Credence, I have found it to be the most exciting and innovative company in the industry, as we work more and more closely with our customers to provide cost-efficient, high-performance ATE, including advanced test at probe and relate capabilities," Cheung said. 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. Corp. is a leading manufacturer of automatic test equipment (ATE) that serves a broad spectrum of the worldwide semiconductor industry's testing needs. Credence's wide range of product offerings include test capabilities for digital and mixed-signal semiconductors. Credence utilizes its patented CMOS technologies to design products that provide a lower total cost of ownership while meeting the increasingly demanding performance requirements of today's ATE market. The company is headquartered in Fremont with manufacturing in Beaverton, Ore. -0- Note to Editors: Credence Systems is a trademark of Credence Systems Corp. All other products or company names mentioned are trademarks of their respective owners. CONTACT: Credence Systems Corp.
Editorial:
Connie Graybeal, 510/657-7400
Dick Davies, 415/777-4161
Financial:
Woody Spedden, 510/657-7400
Richard Okumoto, 510/657-7400
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