|ZYGO MOVES ITS FLYING HEIGHT TEST DIVISION TO NEW FACILITIES|
MIDDLEFIELD, CONNECTICUT (March 19, 1998)........Zygo Corporation (NASDAQ:ZIGO) announced today that it has completed the move of its Flying Height Test Division from Simi Valley to Newbury Park, California. The division has been merged into ZYGO's new facility in Newbury Park which it recently opened as its Machine Vision Group headquarters. Gary K. Willis, president and CEO of ZYGO, commented, "The consolidation of physical facilities into our new Newbury Park location allows us to continue our product development and service of the FHT market while lowering our fixed costs and improving our operating efficiency."
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.