Thursday August 23, 8:33 am Eastern Time
Press Release
SOURCE: JMAR Technologies Inc.
Charles A. Dickinson Joins Board of JMAR Technologies Inc.
Former Chairman of Solectron Corp. Brings Broad Electronic Industry Manufacturing Experience to JMAR; Was Chairman of SAL Inc. Prior to Its Acquisition by JMAR
SAN DIEGO--(BUSINESS WIRE)--Aug. 23, 2001-- JMAR Technologies Inc. (Nasdaq:JMAR - news), the world's leading provider of X-ray lithography systems for semiconductor processing, today announced the election of Charles A. Dickinson to the Board of Directors of JMAR Technologies Inc.
Dickinson's election increases the size of JMAR's Board to six members. Simultaneously, Dickinson was also elected a director of JMAR Precision Systems Inc. (JPSI), a wholly-owned subsidiary of JMAR that specializes in the design and manufacture of precision positioning, measurement and manufacturing equipment for the microelectronics industry.
Dickinson twice served as chairman of the Board of Directors of Solectron Corp., a $20 billion per-year worldwide leader in electronic manufacturing, assembly, and test services for electronic companies around the world. He joined the Solectron Board in 1984, served as chairman from 1986 to 1990 and from 1994 to September 1996 and continues to serve as a director today. While an outside director, he accepted the assignment of establishing Solectron's European business in 1991 and served as president of Solectron Europe from 1993 to February 1996. During that period Solectron's European business grew to $500 million per year.
Before Solectron, Dickinson was chairman, president and CEO of Vermont Micro Systems Inc., a graphics board designer. He was also CEO of Dataproducts Corp., a supplier of OEM printers, and he served seven years in various general management roles in the core memory and disk drive business at Control Data Corporation. Prior to that, he was the corporate vice president of manufacturing for Memorex and spent 20 years in a broad range of manufacturing roles at RCA. He has served on the Boards of many other public and private companies over the years and currently is chairman of LeCroy Corp. Inc., a Nasdaq-listed manufacturer of high performance digital oscilloscopes. Furthermore, he is a member of the Boards of privately-held Aavid Thermal Technologies Inc., Nypro Inc., and Systolic Networks.
Prior to its merger into JMAR on August 7 of this year, Dickinson was also the chairman of the Board of Semiconductor Advanced Lithography Inc., or SAL Inc., the world's most experienced provider of X-ray lithography systems. With that merger, JMAR became the world's leading provider of X-ray lithography systems and one of the only two remaining U.S. investor-owned lithography system companies.
Dickinson holds a Bachelors of Electrical Engineering and an MBA from the University of Minnesota and served as an officer in the U.S. Army. He currently resides in Vermont.
John S. Martinez, Ph.D., JMAR's chairman and CEO commented, ``JMAR is both pleased and fortunate to have Charlie Dickinson on its Board. He brings to our company a wealth of experience, knowledge and personal contacts in the electronics industry. His broad and in-depth experience in the industry's manufacturing and general business practices ideally qualify him to help advise us as we guide JMAR toward fully capitalizing on the very promising, yet complex, business opportunities currently available to us.''
Commenting on his election to JMAR's Board of Directors, Dickinson said, ``The recent merger of SAL and JMAR combines SAL's established X-ray lithography system expertise with JMAR's new X-ray source technology. It is an important step in advancing X-ray lithography closer to realization of its commercial potential. I am pleased to join JMAR and look forward to learning more about, and contributing to, the company's other business activities. I believe JMAR has a bright future ahead of it.''
``The breadth of Charlie's overall experience will surely benefit JMAR in the months and years ahead,'' Dr. Martinez added. ``But there is one element of his experience that I believe will be particularly helpful to us in the very near future. While Chairman of SAL, he acquired a very unique, hands-on understanding of the X-ray lithography business that very few people in the world possess. I expect that will be of inestimable value to JMAR as we continue to refine and finance and market our X-ray lithography systems and products to industry worldwide.''
JMAR Technologies Inc., a semiconductor industry-focused company, is the world's leading developer and manufacturer of semiconductor X-ray lithography sources and systems, and is a leading-edge developer of proprietary advanced laser and X-ray light sources for other high-value microelectronics manufacturing products. It is also a fabless provider of high performance integrated circuits for the rapidly growing broadband communications market and other microelectronics applications. Furthermore, JMAR manufactures precision measurement, positioning and light-based manufacturing systems for inspection and repair of semiconductors and continues to play an important role in adapting its precision semiconductor manufacturing technology to the fabrication of advanced biomedical and optical communications products.
The statements regarding JMAR's expectations for the successful development and introduction of new products and future sales and potential business opportunities are forward-looking statements based on current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These risks include the failure of future orders to materialize as expected, competition from existing or new alternative lithography technologies or otherwise, delays in shipment or production, parts and labor shortages, cancellation or re-scheduling of orders, delay in funding of third-party contracts, failure of acceptance of new products or technologies, failure of advanced technology and new intellectual property to perform as predicted, the failure of pending patents to be issued, and the other risks detailed in the company's 2000 Form 10-K and other reports filed with the SEC.
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Contact:
JMAR Technologies Inc., San Diego
Dennis E. Valentine, 760/602-3292
jmar.com
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