|ZYGO ANNOUNCES COOPERATIVE EFFORT WITH THIELENHAUS MICROFINISH CORPORATION|
MIDDLEFIELD, CONNECTICUT June 9, 2000…..Zygo Corporation (NASDAQ:ZIGO), today announced that it has entered into a cooperative effort with Thielenhaus Microfinish Corporation, combining ZYGO's leading edge, noncontact gaging systems with Thielenhaus's global leadership in precision geometry and Microfinishing technologies. This cooperation will strengthen ZYGO's position as a key metrology supplier to precision component manufacturing industries and provide a complementary inspection technology to Thielenhaus's state of art Microfinishing Machine Tool design and build facility.
In the working agreement, ZYGO will provide advanced, noncontact measuring equipment for the characterization of surface form and roughness on microfinished parts at Thielenhaus. Thielenhaus and ZYGO will work together to further develop integrated microfinishing systems, and will also pool their resources on customer demonstrations and applications efforts.
"This cooperation will permit us to better respond to the increasingly tightening manufacturing tolerances of industrial end users, end user component suppliers, and end user capital equipment suppliers" said Mike Majlak, Automotive Industry Marketing Manager at Zygo Corporation. "It will also provide a better understanding of the integrated gaging and automation requirements of manufacturing systems dedicated to the high precision automotive, medical, and hydraulic/pneumatic industries."
"There is great synergy between our two companies. We are looking forward to welcoming ZYGO's customers and Thielenhaus's customers to our plant to see this leading edge technology in operation" said Gary Wilcox, Sales Manager at Thielenhaus Microfinish Corporation.
Thielenhaus Microfinish is a turnkey Microfinishing Machine Tool builder. Microfinishing is a process that improves geometry and surface finish. Thielenhaus Microfinish has been serving the transportation, anti friction bearing, medical apparatus and other industries in the United States since 1981. Maschinenfabrik Ernst Thielenhaus, the parent company, is located in Wuppertal, Germany, and has been in the machine tool business since 1909 (Thielenhaus Microfinish Corporation o 42925 West Nine Mile o Novi, MI 48375-4115 o Phone: (248) 349-9450 o Fax: (248) 349-9457).
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 in Sunnyvale, California. 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.