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|Zygo Corporation Announces Appointment of James Northup, Executive Vice President, Corporate Business Development|
MIDDLEFIELD, CT, Oct 25, 2006 (MARKET WIRE via COMTEX News Network) -- Zygo Corporation (NASDAQ: ZIGO) today announced the appointment of James Northup to the position of Executive Vice President, Corporate Business Development. Mr. Northup will report directly to Bruce Robinson, ZYGO's president and chief executive officer, and will be a member of ZYGO's executive staff.
Most recently, Mr. Northup was chief operating officer with Toppan Photomasks, Inc. (formerly DuPont Photomasks, Inc.), and previously president of Photronics, Inc. He holds a bachelor of science degree in chemical engineering with high distinction from the University of Rhode Island.
Mr. Robinson stated, "Jim has held a variety of senior level management and leadership roles in his career, and brings significant global experience to ZYGO. I am confident that the breadth and depth of Jim's experience in the semiconductor industry will benefit ZYGO tremendously as we continue to execute against our corporate strategy."
Zygo Corporation, headquartered in Middlefield, Connecticut, is a worldwide supplier of optical metrology instruments, precision optics, and electro-optics design and manufacturing services, servicing customers in the semiconductor capital equipment and industrial markets. See ZYGO's web site at www.zygo.com for additional information.
All statements other than statements of historical fact included in this news release regarding our financial position, business strategy, plans, anticipated growth rates, and objectives of management of the Company for future operations are forward-looking statements. Forward-looking statements are intended to provide management's current expectations or plans for the future operating and financial performance of the Company based upon information currently available and assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plans," "strategy," "project," and other words of similar meaning in connection with a discussion of future operating or financial performance. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements are fluctuations in capital spending of our customers, fluctuations in net sales to our major customer, manufacturing and supplier risks, dependence on and timing of new product development, rapid technological and market change, risks in international operations, dependence on proprietary technology and key personnel, length of the sales cycle, environmental regulations, and fluctuations in our stock price. Further information on potential factors that could affect Zygo Corporation's business is described in our reports on file with the Securities and Exchange Commission, including our Form 10-K for the fiscal year ended June 30, 2006.
For Further Information Call: Walter A. Shephard Vice President Finance, CFO, and Treasurer Voice: 860-704-3955 Contact via http://www.marketwire.com/mw/emailprcntct?id=C380A113E0ED9F1C
SOURCE: Zygo Corporation