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|J. BRUCE ROBINSON APPOINTED CHIEF EXECUTIVE OFFICER|
MIDDLEFIELD, CONNECTICUT (November 17, 1999)......Zygo Corporation (NASDAQ:ZIGO) today announced that J. Bruce Robinson, president, has been appointed chief executive officer. Mr. Robinson succeeds Gary K. Willis who remains with the Company as chairman of ZYGO's board of directors. Mr. Robinson joined ZYGO as its president and chief operating officer in January of this year. Gary Willis, who served as CEO since 1993, said, "this appointment continues the management succession process begun earlier this year. Bruce has very ably directed the Company through this calendar year as we have experienced three quarters of sequential order, revenue, and profit growth. He has earned the confidence this appointment signifies."
Bruce Robinson, commenting on his appointment, stated, "I appreciate the opportunity the board has given me and am most enthusiastic about the Company's future prospects. You can count on my best efforts to appropriately reward our shareowners."
Zygo Corporation designs, develops, manufactures, and markets high performance measurement and yield improvement instruments, systems, and accessories used in high technology industries. The Company is headquartered in Middlefield, Connecticut, and also has operations in Asslar, Germany; Longmont, Colorado; and in Newbury Park, Sunnyvale, and Simi Valley, California.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors which could cause actual results to differ materially are described in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.