To all, from BW:
BW0281 DEC 10,1996 14:42 PACIFIC 17:42 EASTERN
( BW)(PLASMA-&-MATERIALS)(PMAT) PMT ANNOUNCES THE RESIGNATION OF
JIM MARSHALL
Business Editors
CHATSWORTH, Calif.--(BUSINESS WIRE)--Dec. 10, 1996--Plasma &
Materials Technologies Inc. (PMT) (NASDAQ:PMAT), an international
supplier of etch and deposition equipment used to manufacture
semiconductors, Tuesday announced that Jim Marshall has resigned as
the company's executive vice president and general manager of PMT's
etch division, effective Jan. 1, 1997.
Prior to the recent acquisition of Electrotech Group, Marshall
served as PMT's executive vice president and chief operating
officer. Marshall is resigning from PMT to become president and
chief executive officer of Matrix Integrated Systems, a noncompeting
equipment company located in Richmond, Calif.
``Jim Marshall has made a significant contribution here at
PMT,'' said Greg Campbell, PMT's chief executive officer. ``Jim's
goal, however, is to be president of an equipment company, and we
can't offer him that opportunity at PMT.''
PMT develops, manufactures and markets a broad line of advanced
processing systems for semiconductor manufacturing. These systems
are used for etch, physical vapor deposition (PVD) and chemical
vapor deposition (CVD) applications and are sold to customers
worldwide.
PMT sells its equipment through a combination of a direct sales
force and a worldwide network of distributors. The company
maintains wholly owned subsidiaries in Germany, France and South
Korea. Manufacturing is conducted in Newport, Wales, and
Chatsworth, Calif. The company's corporate headquarters are located
in Chatsworth, north of Los Angeles.
--30--DON/la* RPL/la
CONTACT: Plasma & Materials Technologies Inc., Chatsworth
Frederick Reynolds, 818/886-8000, ext. 155
818/886-2245 (fax)
freynolds@pmat.com (e-mail)
pmat.com |
