Photronics Appoints Dr. Liang-Choo Hsia to Board of Directors
BROOKFIELD, Conn.--(BUSINESS WIRE)--
Photronics,
Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative
imaging technology solutions for the global electronics industry,
announced that effective immediately, Dr. Liang-Choo ("LC") Hsia, an
executive in leading-edge semiconductor technology, was appointed to
serve on the Company's Board of Directors. Dr. Hsia, formerly Senior
Technical Advisor to Global Foundries, is filling the Board seat that
until December 2010 was held by Dr. Willem D. Maris, who passed away at
that time.
Constantine "Deno" Macricostas, chairman and chief executive officer of
Photronics stated, "Dr. Hsia has a long history of accomplishments in
leading the node transition of semiconductor manufacturing. LC brings
both a vision for the future of semiconductor fabrication and a unique
global perspective to our management team. His critical technology and
leadership experience will be leveraged as we move forward in the
technology landscape."
Dr. Hsia was formerly Senior Vice President and Senior Technical Advisor
at Global Foundries. He joined Global Foundries as a result of the
acquisition of Chartered Semiconductor Manufacturing where, for over ten
years, he played a pivotal role in defining roadmaps for advanced node
migration and oversaw the company's participation in the Joint
Development Alliance with IBM for advanced manufacturing to the 22/20nm
nodes. He joined Chartered after serving for three years as Director of
Technology Development of United Microelectronics Corporation in Taiwan.
Prior to that, he spent over a decade with IBM as an advisory scientist
in various divisions.
"Photronics is poised to lead the high-end evolution of the lithography
business and I am excited to join the management team at this strategic
time," commented Dr. Hsia on his appointment. "I look forward to
assisting the team in delivering advanced mask fabrication services and
technologies to IC and FPD manufacturers around the world," furthered
Dr. Hsia.
Dr. Hsia, received his Ph.D. in physics from Ohio State University and
has authored or co-authored over 100 papers and over 50 patents. He
resides in Taiwan and has offices in Taiwan and Singapore.
About Photronics
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 as discussed in filings with the United States Securities and
Exchange Commission. 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. The Company assumes no
obligation to provide revisions to any forward-looking statements.
01-2012
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
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