BROOKFIELD, Conn.--(BUSINESS WIRE)--
Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying
innovative photomask-based imaging solutions for the global electronics
and display industries, announced today that Peter C. Broadbent has been
named Vice President, Investor Relations & Marketing. Broadbent will
manage the company's communications with the investment community to
build awareness for Photronics' business strategies and financial
performance. He will report directly to Constantine ("Deno")
Macricostas, the company's chairman and chief executive officer.
Prior to joining Photronics, Broadbent was CEO of Wahlstrom Group, a
directional advertising agency and unit of Interpublic Group, from 2002
to 2009. He had over 25 years of ever-increasing marketing and operating
roles at Wahlstrom, one of the largest directory agencies in the U.S. A
well respected member of the directory industry, Broadbent served on the
Board of Directors of the Local Search Association and the Insurance
Marketing Communications Association.
"We are delighted to have someone of Pete's leadership and marketing
expertise join the Photronics team," stated Deno Macricostas. "He has
been consulting with us this past year, in an investor relations
capacity, and it just made sense to bring him on full time at this
strategic period of expansion and growth."
"I am excited to join Photronics, a highly regarded and outstanding
brand in the photomask industry," added Broadbent. "The company is
executing on all dimensions of the business, from customer service to
high-end technology, and financial results. It's an exciting success
story, and I am thrilled to be working with the management team to help
communicate that message to the investment community."
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.
03-2012
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
