BROOKFIELD, Conn.--(BUSINESS WIRE)--
Photronics,
Inc. (NASDAQ:PLAB) announced that Willem D. Maris, who was a member
of its board of directors, died on Monday, December 13th. Maris, 71,
served as a director of the company since 2000 and was a member of the
board's nominating committee. Photronics plans to initiate a search to
replace Mr. Maris on the board.
"Willem's warm presence and contributions at our board meetings will be
deeply missed," stated Constantine ("Deno") Macricostas. "His
comprehensive knowledge of technology and the semiconductor industry was
a valuable asset to the company. On behalf of all Photronics employees
and the board of directors, I extend our deepest condolences to his
family, friends, and those whose life he touched."
Maris served as the president and chief executive officer of ASML
Lithography Holding N.V. ("ASML") from June 1990 until his retirement in
January 2000. In addition to serving on Photronics' board, he was a
director of FSI International Inc., a global supplier of cleaning
equipment and technology to the world's leading integrated circuit (IC)
and microelectronics manufacturers.
Photronics
is a leading worldwide manufacturer of photomasks.
Photomasks are high precision quartz plates that contain microscopic
images of electronic circuits. A key element in the manufacture of
semiconductors and flat panel displays, photomasks are used to transfer
circuit patterns onto semiconductor wafers and flat panel substrates
during the fabrication of integrated circuits, a variety of flat panel
displays and, to a lesser extent, other types of electrical and optical
components. They are produced in accordance with product designs
provided by customers at strategically located manufacturing
facilities in Asia, Europe, and North America. Additional
information on the Company can be accessed at www.photronics.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements made by or on behalf of
Photronics, Inc. and its subsidiaries (the Company). The forward-looking
statements contained in this press release and other parts of
Photronics' web site involve risks and uncertainties that may affect the
Company's operations, markets, products, services, prices, and other
factors. These risks and uncertainties include, but are not limited to,
economic, competitive, legal, governmental, and technological factors.
Accordingly, there is no assurance that the Company's expectations will
be realized. For a fuller discussion of the factors that may affect the
Company's operations, see "Forward Looking Statements" in the Company's
Quarterly and Annual Reports to the Securities and Exchange Commission
on Forms 10-Q and 10-K. The Company assumes no obligation to provide
revisions to any forward-looking statements.
21-2010
Photronics, Inc.
Sean T. Smith, 203-775-9000
Senior Vice
President
Chief Financial Officer
ssmith@photronics.com
Source: Photronics, Inc.
News Provided by Acquire Media
