| 06/30/2009 |
| Semilab USA Names CEO and Announces Relocation of Corporate Headquarters and New Corporate Structuring |
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Expanded US presence furthers Semilab’s leadership in semiconductor and solar metrology Billerica, Mass. and BUDAPEST, Hungary – Semilab, one of the world’s largest metrology companies, today announced it has named Dr. Chris Moore, President and CEO of Semilab USA. Dr. Moore will be responsible for the strategic direction and operations of all Semilab divisions within the United States. Moore joined Semilab through its acquisition of Advanced Metrology Systems (AMS) in March of 2009 where he also served as president and CEO. “These are exciting times for Semilab. Through the strategic acquisition of some of metrology’s leading companies we have not only strengthened our presence within the United States, but have bolstered our ability to serve our customers on a global basis with the most advanced metrology solutions possible,” said Dr. Tibor Pavelka, one of the founders, President and Chief Executive Officer of Semilab. “Semilab will benefit greatly from Chris’ leadership of the Semilab USA group. These are challenging times for the semiconductor industry, but we believe that our continued investment in the best technology and personnel will pay dividends for Semilab when the market rebounds.” In addition to naming Dr. Moore as president and CEO, Semilab USA is also announcing the relocation of its corporate headquarters which will now be located at 47 Manning Road in Billerica, Mass. The new 23,000 sq. ft. facility will offer state-of-the-art capabilities for researchers, including a clean room, allowing for the further improvement and development of the next generation of metrology solutions. Lastly, Semilab USA is announcing a new corporate structuring for its divisions within the United States. Semilab AMS, Semilab SSM and Semilab SDI (announced in a separate release today) will operate as separate entities under the Semilab USA group headed by Moore. Semilab AMS, acquired in March of 2009, will be co-located with corporate headquarters in Billerica, Mass. with Moore serving as general manager, while Semilab SSM LLC under the direction of GM Nikos Jaeger and Semilab SDI LLC under the direction of GM Andrew Findlay will continue in their current locations of Pittsburgh, Pa. and Tampa, Fla. respectively.
“I look forward to helping Semilab continue to grow their business and further solidify their reputation as one of the world’s foremost metrology companies,” said Moore. “Semilab has made significant technology breakthroughs and acquisitions over the past several years which have positioned us as the metrology vendor of choice for companies looking to solve their most complex issues.” About Semilab One of the world’s largest metrology companies, Semilab offers a full family of scalable, flexible solutions to help semiconductor and solar researchers and manufacturers characterize materials to reduce costs and increase yields. Unlike other metrology companies, Semilab partners with customers to build solutions for their specific application needs. Semilab’s products support a variety of contact and non-contact measurement from R&D to fully automated inline production. A profitable, worldwide company Semilab is well-positioned for future growth due to the material characterization challenges presented by the drive to smaller nodes and more complex chip structures requiring new materials. Semilab is a leader supplier of electrical test equipment in the largest segment of the solar cell market enabling it to take advantage of that market’s growth. Contacts: Michael Parker Lois Paul & Partners, LLC (781) 782-5714 mparker@lpp.com
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