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Operation's Industry Veteran to Enable Company's Growth Initiatives
CVD Equipment Corporation (NASDAQ: CVV; "CVD"), announced today that it has hired Gary Hudler as Manufacturing Operations Manager. Mr. Hudler's responsibilities include overseeing CVD/First Nano Division manufacturing, optimizing existing manufacturing processes and enabling production levels to keep pace with the Company's accelerating growth. The CVD/First Nano Division is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials, and coatings for research and industrial applications.
Prior to joining CVD, Mr. Hudler worked for nearly 30 years at Veeco Instruments in a variety of Production, Technical, Operations and Customer Support roles and was holding last the title of Director of Operations. Mr. Hudler was an essential manager enabling Veeco's growth from a $20M capital equipment producer to a $350M global solutions company in the data storage, semiconductor and wireless markets. Upon leaving Veeco, Mr. Hudler moved to D'Addario & Co., where he utilized his extensive operations experience to revitalize a high-volume manufacturer of musical instrument components.
Mr. Hudler brings to CVD extensive knowledge of manufacturing processes, and experience in organizing operations to increase production levels. A partial list of his training and implementation background includes: Lean Manufacturing, Project Management, Work Cell Technology, JIT Manufacturing, Sematech TQM/TQC Program, 6-Sigma Process Control, Kaizan/Kanban Techniques, and others.
Bill Linss, Division Manager of the CVD/First Nano Division said, "I am thrilled to have Gary Hudler join my staff. His extensive manufacturing experience and operations know-how is a valuable asset, and a perfect complement to CVD's team for our present and future growth. He has a proven track record of getting the job done, no matter how large or complex. He is a valued addition to our management team and will help guide us in building our vision of enabling tomorrow's technology™, today."
Len Rosenbaum, president of CVD said, "We are very pleased to have such a senior and experienced person like Gary Hudler join CVD. In the last quarter we have increased our personnel by 15%. We need senior people like Gary to help guide our growth."
Gary Hudler added, "I am excited to join CVD/First Nano and to contribute as CVD/First Nano continues to expand with their existing and new products for Semiconductor, LED, Nanowire, NanoTube, Energy and Thin Film markets. By working closely together with our customers, we can help with enabling tomorrow's technology™."
About CVD Equipment Corporation
CVD Equipment Corporation owns and operates three divisions: Together the CVD and First Nano product group form the CVD/First Nano Division. The CVD product group designs and builds pilot and production equipment for custom Chemical Vapor Deposition processes for a very wide variety of applications. The First Nano product group manufactures the EasyTube equipment product line used by researchers around the world to develop and grow a wide variety of next generation Nanowire, Nanotube and Thin Film Materials. The CVD/First Nano Division also operates an Application Laboratory where it develops advanced processes to facilitate the commercialization of emerging technology in the nano/solar and green field and develops/optimizes custom material manufacturing processes. The Stainless Design Concepts Division manufactures Ultra High Purity (UHP) gas and chemical delivery systems for state-of-the-art semiconductor fabrication processes. It offers complete gas and chemical delivery product lines ranging from cutting-edge to basic gas and chemical handling. The Conceptronic/Research International Division supplies reflow ovens and rework stations to the Printed Circuit Board assembly market and ball attach ovens to the back-end semi-conductor packaging industry. It also develops custom industrial inline oven based system that process materials with controlled gas atmospheres and temperature profiles.
This press release contains forward-looking statements set within the meaning of the Private Securities Litigation Reform Act of 1995, except for historical information contained herein; the matters set forth in this news release are forward-looking statements. Readers should note that the forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including, without limitation, the uncertainties discussed under the caption “Risk Factors” in the Company’s Registration Statement on Form S-1 filed with the SEC on July 3, 2007, as subsequently amended, which discussion is incorporated herein by reference. Readers should also read the periodic filings and current Form 8-K reports of the Company.
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CVD Equipment Corporation
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