|ZYGO CORPORATION APPOINTS VICE PRESIDENT, FINANCE|
MIDDLEFIELD, CONNECTICUT February 24, 2000…..Zygo Corporation (NASDAQ:ZIGO), today announced the appointment of Michael J. Auth to the position of vice president, finance, chief financial officer, and treasurer. Mr. Auth will report to J. Bruce Robinson, president and chief executive officer.
Mr. Auth joins ZYGO following three successful years at M/A-COM, Inc., where he served as vice president of finance and information systems. M/A-COM, Inc. is Tyco's global wireless division with worldwide revenues of about $500 million and manufacturing capacity in five countries. Mr. Auth's responsibilities included accounting, treasury, tax, legal, budgeting, planning, analysis, investment, acquisitions, and management information systems. Prior to M/A-COM, Inc., Mr. Auth spent 15 years with Comsat Mobile Communication where he was vice president of finance for the Mobile Communications Division.
Mr. Auth graduated from the University of Notre Dame with a B.B.A. in Finance, and from Duke University with an MBA in accounting and general management. He is also a certified public accountant.
Zygo Corporation designs, develops, manufactures, and markets high performance measurement and yield improvement instruments, custom automation 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 sales offices throughout the world. ZYGO is traded on the Nasdaq National Market under the symbol ZIGO. Additional information on the Company is available on the Internet at www.zygo.com.
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.