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Megatest Corp. names new chief financial officer; System Industries and SCO veteran Paul Emery to fill top financial post at Megatest.


SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 22, 1995--Megatest 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
: MEGT), a leading supplier of automatic test equipment used by manufacturers of memory and logic semiconductors, Wednesday announced that it has appointed Paul W. Emery II, 53, to the position of vice president, finance and administration, and chief financial officer.

Reporting to Chairman and Chief Executive Officer John E. Halter, Emery will direct and manage all aspects of Megatest's corporate finance and administration, including developing strategic relationships in the business and financial community.

Commenting on the appointment, Halter stated, "The search for a new CFO See Chief Financial Officer.  was a painstaking process -- we were seeking a unique combination of high-tech experience and proven proficiency in developing new ways to increase a company's core value. Paul brings an impressive track record with other corporations -- specifically, in maintaining high growth and profitability."

In addition to carrying out his financial management charter, Emery will supervise treasury, controllership, investor relations, human resources, corporate services and legal functions for the company.

Emery has held a variety of executive positions in the high-tech industry. Most recently, he was president and chief executive officer of System Industries, a company he rejoined in 1989 after having previously 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.
. Under his aegis as CEO, System achieved a successful turnaround following a multimillion-dollar loss.

Prior to rejoining System, Emery was a senior vice president with the Santa Cruz Operation See SCO.

Santa Cruz Operation - (SCO) A supplier of Unix systems for Intel microprocessors. They supply Xenix and Open Desktop.

Founded in 1979, SCO became a public company in May, 1993 and trades on the Nasdaq National Market System under the symbol SCOC.
 (SCO). Other posts have included CEO of Airmac Technology Systems Inc., CFO of Xynetics Inc., and financial executive positions with Ford Motor Co. and IBM Corp.

Emery holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 from the University of Tennessee The University of Tennessee (UT), sometimes called the University of Tennessee at Knoxville (UT Knoxville or UTK), is the flagship institution of the statewide land-grant University of Tennessee public university system in the American state of Tennessee. , and a master of business administration from the University of Maryland University of Maryland can refer to:
  • University of Maryland, College Park, a research-extensive and flagship university; when the term "University of Maryland" is used without any qualification, it generally refers to this school
, where he graduated with highest honors. -0- About Megatest: Megatest Corp. designs, manufactures, markets and services automatic test equipment (ATE) for the semiconductor industry. The company currently offers four product lines. The Genesis tests a broad range of memory ICs including DRAMs, FLASH memories and EPROMs.

The Polaris and Vega Series test high-performance logic ICs including RISC RISC
 in full Reduced Instruction Set Computing

Computer architecture that uses a limited number of instructions. RISC became popular in microprocessors in the 1980s.
 and CISC processors, digital signal processors, and custom, semi-custom and application-specific ICs. The 1149 tests logic devices such as FPGAs, PLDs and microcontrollers.

Megatest is headquartered in San Jose, and has offices in Europe, the Far East and throughout the United States. Founded in 1975, Megatest is listed on the NASDAQ stock market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
 under the symbol MEGT. -0-

Note to Editors: A black and white photo of Emery is available upon request.

CONTACT: Megatest Corp., San Jose

Neal Shea (marketing director), 408/441-3034

Rae Anne Chalmers (investor relations manager),

408/451-3255

MCA Inc.

Lisa Gillette, 415/968-8900
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 22, 1995
Words:432
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