Semitool Announces Voting Results from Annual Shareholders' Meeting.Business Editors KALISPELL, Mont.--(BUSINESS WIRE)--Feb. 19, 2004 Semitool, Inc. (Nasdaq: SMTL SMTL Surgical Materials Testing Laboratory (UK) ), today announced voting results from the company's annual shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. earlier this week. Among the major business conducted at the meeting was shareholder approval for a new company stock option plan and the election of the proposed slate of candidates for the Board of Directors. Semitool's shareholders approved by an overwhelming majority a new stock option plan to replace the 1994 plan, which is due to expire this year. The shareholders also ratified the appointment of PricewaterhouseCoopers LLP LLP - Lower Layer Protocol as independent auditors. Elected to a one-year term as directors were Raymon F. Thompson, Semitool's founder, chairman and chief executive officer; Howard E. Bateman, former owner of Entech, Inc.; Donald P. Baumann, president and general partner of Baumann International, C. Richard Deininger, retired executive at Advanced Micro Devices, Inc., Timothy C. Dodkin, executive vice president of Semitool; Daniel J. Eigeman, retired shareholder and partner of Junkermier, Clark, Campanella, Stevens, P.C., CPAs; and Charles P. Greiner, retired vice president of Plum Creek Timber Plum Creek Timber (NYSE: PCL) is the largest private landowner in the United States. Most of its lands were originally purchased as timberland.[1] Headquartered in Seattle, Washington, Plum Creek was spun off from Burlington Resources as a master limited Co. In addition, Richard A. Dasen was elected to a new one-year term on the board, but he declined to accept the position for personal reasons. Messrs. Bateman, Baumann and Deininger were appointed to the company's Compensation Committee. Messrs. Eigeman and Grenier were appointed to the company's Audit Committee. As a result of Mr. Dasen's decision, the board announced that it would begin a search for an additional independent director to serve on the Audit Committee. About Semitool, Inc. Semitool designs, manufactures and supports highly engineered, single-wafer and multi-wafer wet chemical processing equipment used in the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. of semiconductor devices. The company's primary suites of equipment include electrochemical electrochemical /elec·tro·chem·i·cal/ (-kem´i-k'l) pertaining to interaction or interconversion of chemical and electrical energies. e·lec·tro·chem·i·cal adj. deposition systems for electroplating electroplating: see plating. electroplating Process of coating with metal by means of an electric current. Plating metal may be transferred to conductive surfaces (e.g., metals) or to nonconductive surfaces (e.g. copper, gold, solder and other metals; surface preparation systems for cleaning, stripping and etching silicon wafers; and wafer transport container cleaning systems. The company's equipment is used in semiconductor fabrication front-end and back-end In their most general meanings, the terms front end and back end refer to the initial and the end stages of a process flow. These terms acquire more special meanings in particular areas. processes, including wafer level packaging. Headquartered in Kalispell, Montana, Semitool maintains sales and support centers in the United States, Europe and Asia. The company's stock trades on the Nasdaq National Market under the symbol SMTL. For more information, please visit the company's website at www.semitool.com. Semitool is a registered trademark of Semitool, Inc. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion