Timothy Franey joins Quintessence Photonics Corporation as Vice President of Manufacturing.SYLMAR, Calif. -- Quintessence quin·tes·sence n. 1. The pure, highly concentrated essence of a thing. 2. The purest or most typical instance: the quintessence of evil. 3. Photonics Corporation, a subsidiary of QPC QPC Quantum Point Contact QPC Quarter Pounder with cheese (McDonalds sandwich burger) QPC Quasi Propulsive Coefficient QPC Queen Pump Company QPC Quasi-periodic Photonic Crystal QPC Quality and Process Control Lasers, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :QPCI), a world leader in the design and manufacture of high brightness, high power semiconductor lasers, announced today that Timothy Franey has joined QPCI as Vice President of Manufacturing as of May 1, 2006. Mr. Franey brings over 20 years of high tech manufacturing experience to QPCI including 12 years producing complex laser based products. Tim comes to QPCI from JDSU JDSU JDS Uniphase (stock symbol) JDSU Jharkhand Disom Students Union Corporation where he most recently led the operational integration of JDSU and Lightwave Electronics Corporation, an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Manufacturer of Diode Pumped Solid State Laser Products. In the 8 years prior, Mr. Franey was Vice President of Operations and a Corporate Officer at Lightwave, with marquee customers including US, European, and Asian producers of laser based material processing tools for electronics and semiconductor manufacturing. At Lightwave, Tim had global operational responsibilities for supply chain, IS/IT, quality, production, facilities and manufacturing engineering management. Prior to Lightwave, Tim directed all operations for 8 years at CXR CXR abbr. chest x-ray CXR, n chest x-ray; an image of the thoracic cavity, produced by an irradiation scan of the upper torso. Corporation, an OEM telecommunications test equipment and transmission products manufacturer with AT&T Labs, Regional Bell Operating Companies, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. , Sprint and large end user customer base. Prior engineering and management roles include GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Government Systems, Atari International, Coherent Medical, and Varian Medical & Instrument Divisions. Tim holds both a BSEE BSEE abbr. Bachelor of Science in Electrical Engineering and BSIE BSIE Bachelor of Science in Industrial Engineering from the University of Washington and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Santa Clara University. "Tim is a highly regarded laser industry veteran with an enviable and well deserved reputation for operational excellence. We are very pleased to welcome Tim to the QPCI team," stated Jeffrey Ungar, Ph.D., President, Chief Executive Officer and Co-Founder of QPCI. Forward Looking Statements This release and other materials released by the Company from time to time contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Company's management as well as estimates and assumptions made by the Company's management. When used in the materials the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to the Company or the Company's management identify forward looking statements. Such statements reflect the current view of the Company with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the sections of the Company's reports filed with the Securities and Exchange Commission entitled "Risk Factors") relating to the Company's industry, the Company's operations and results of operations and any businesses that may be acquired by the Company. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. The following discussion should be read in conjunction with the Company's reports filed with the Securities and Exchange Commission. About Quintessence Photonics Corporation Quintessence Photonics Corporation (www.qpclasers.com) is a world leader in the development and commercialization of high brightness, high power semiconductor lasers for the industrial, defense, and medical markets. Founded in the year 2000, QPC is vertically integrated from epitaxy epitaxy Process of growing a crystal of a particular orientation on top of another crystal. If both crystals are of the same material, the process is known as homoepitaxy; if the materials are different, it is known as heteroepitaxy. through packaging and performs all critical fabrication processes at its state-of-the-art high-technology facility in the Los Angeles suburb of Sylmar, CA. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information please click on the following link: http://www.b2i.us/irpass.asp?BzID=1392&to=ea&Nav=0&S=0&L=1 |
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