Aehr Test Systems Announces Departure of C.J. Meurell
Friday January 9, 5:30 pm ET
FREMONT, Calif., Jan. 9 /PRNewswire-FirstCall/ -- Aehr Test Systems (Nasdaq: AEHR - News), a leading supplier of semiconductor test and burn-in equipment, today announced that C.J. Meurell, president and chief operating officer, has left the company to pursue other opportunities. The Company's sales and marketing, engineering, manufacturing, global customer operations and quality groups will now report to Rhea Posedel, chairman and chief executive officer. The Company will not seek a replacement for the position of president and chief operating officer.
Mr. Posedel commented, "We thank C.J. for his efforts and success in recent years, including focusing on our FOX(TM) full wafer contact product development. I plan to become more actively involved with the operational aspects of the organization, supported by our strong leadership team, as we continue to drive toward increased operational efficiencies."
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading worldwide provider of systems for burning-in and testing DRAM and logic integrated circuits and has an installed base of more than 2,000 systems worldwide. Aehr Test has developed and introduced several innovative products, including the FOX, MTX, MAX3 and MAX4 systems, and the DiePak® carrier. The FOX system is a full wafer contact test and burn-in system. The MTX system is a massively parallel test system designed to reduce the cost of memory testing by performing both test and burn-in on thousands of devices simultaneously. The MAX system can effectively burn-in and functionally test complex devices, such as digital signal processors, microprocessors, microcontrollers and systems-on-a-chip. The DiePak carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of bare die. For more information, please visit the Company's Web site at www.aehr.com .
Safe Harbor Statement
This release contains forward-looking statements that involve risks and uncertainties relating to projections regarding industry growth and customer demand for Aehr Test's products. Actual results may vary from projected results. These risks and uncertainties include, without limitation, economic conditions in Asia and elsewhere, world events, acceptance by customers of the FOX, MTX, MAX and DiePak technologies, the ability of the Company to gain business in China, the Company's development and manufacture of a commercially successful wafer-level burn-in system, and the potential emergence of alternative technologies, which could adversely affect demand for Aehr Test's products in calendar year 2004. See Aehr Test's recent 10-K and 10-Q reports filed with the SEC for a more detailed description of the risks facing our business. The Company disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
For further information, please contact Analyst, Jocelyn Hunter, +1-415-248-3433, or General Inquiries, Linda Chien, +1-310-407-6547, both of Financial Relations Board, for Aehr Test Systems.
Source: Aehr Test Systems |
