Applied Films Corporation Appoints Allen Alley to Its Board of Directors
LONGMONT, Colo., Sept. 5 /PRNewswire-FirstCall/ -- Applied Films Corporation (Nasdaq: AFCO - News) today announced that Allen Alley, President, Chief Executive Officer and Chairman of Pixelworks, Inc. has been appointed to the Company's Board of Directors.
"Mr. Alley is an excellent addition to our board," said Tom Edman, president and chief executive officer of Applied Films Corporation. "He brings tremendous insight into the underlying technologies that drive our business. Mr. Alley's knowledge and experience with the Flat Panel Display industry will be particularly helpful to Applied Films as we chart our path to growth in that critical market. With Allen's addition to our board, we will have four independent directors, and a total of six directors."
Mr. Alley co-founded Pixelworks in January of 1997. Prior to founding Pixelworks, Mr. Alley was the Vice President of Corporate Development, Product Marketing and Engineering at InFocus Systems. He also served as co-CEO of the joint venture with Motorola called Motif. During his tenure as General Partner with Battery Ventures, Mr. Alley served on the InFocus Board of Directors from 1988 to 1992.
About Applied Films Corporation
Applied Films Corporation is a leading provider of thin film deposition equipment to the flat panel display, the architectural, automotive and solar glass, and the consumer products packaging and electronics industries. We have also developed a barrier coating solution technology for the plastic beverage bottle industry. Our deposition systems are used to deposit thin films that enhance the characteristics of a base substrate, such as glass, plastic, paper or foil. These thin films provide conductive, electronic, reflective, filter, barrier, and other properties that are critical elements of our customers' products. We also produce coated glass both directly and through a joint venture. Founded in 1976, the Company currently has approximately 560 employees world wide with its headquarters in Longmont, Colorado, and operations in Alzenau, Germany; Brussels, Belgium; Hong Kong and Shanghai, China; Seoul, Korea; Tokyo and Osaka, Japan; and Hsinchu, Taiwan. For more information, please visit Applied Films' web site at appliedfilms.com .
About Pixelworks, Inc.
Pixelworks, headquartered in Tualatin, Oregon, is a leading provider of system-on-a-chip ICs for the advanced display market. Pixelworks' solutions process and optimize video, computer graphics and Web information for display on a wide variety of devices used in business and consumer markets. Pixelworks ImageProcessor Architecture powers the world's most highly regarded flat panel display products, including monitors, projectors and advanced televisions marketed by Compaq, Dell, HP, NEC-Mitsubishi, Samsung, SANYO, Sharp, Sony and ViewSonic. For more information, please visit the company's Web site at www.pixelworks.com .
For further information, please contact Lawrence Firestone, Chief Financial Officer of Applied Films Corporation, +1-303-774-3246.
--------------------------------------------------------------------------------
Source: Applied Films Corporation |
