CVD Equipment Corporation Announces Appointment of Dr. Ashraf Lotfi to its Board of Directors
2023年8月22日 - 5:01AM
ビジネスワイヤ(英語)
CVD Equipment Corporation (NASDAQ: CVV), a leading provider of
chemical vapor deposition and thermal process equipment, announced
today it had appointed Dr. Ashraf Lotfi to its Board of Directors.
The Board of Directors also approved an expansion of the number of
directors from the current level of five to six.
"We are delighted that Dr. Lotfi has agreed to join our Board,”
said Lawrence J. Waldman, Chairman of CVD Equipment Corporation’s
Board of Directors. “His extensive semiconductor and power
electronics device industry expertise, and proven track record of
bringing innovative technologies to market, will be invaluable as
we execute our core strategy focused on the electrification of
everything."
Dr. Lotfi is currently a venture partner with Deep Sciences
Ventures and serves on the board of Lotus Microsystems, ApS. Dr.
Lotfi previously served as Vice President and a Fellow at Intel
Corporation. Prior to Intel, he was Power Chief Technology Officer
for Altera Corporation serving its Enpirion Power Business as well
as the broader Field Programmable Gate Array community. Altera was
acquired by Intel in 2015. Prior to Altera, he served as President
and Chief Executive Officer of Enpirion, Inc., which he founded in
2002.
From Enpirion’s inception, Dr. Lotfi led its strategic direction
with a unique industry‐first vision to create the ultimate power
converter‐on‐chip creating ubiquitous DC‐DC conversion at the
silicon level. In 2013, he led Enpirion’s merger into Altera to
realize his vision of highly integrated power management closely
coupled to leading‐edge digital silicon loads. Prior to founding
Enpirion, he was Director of Advanced Power Research at Bell
Laboratories.
Manny Lakios, President and CEO of CVD Equipment Corporation,
also commented, “We are very pleased to welcome Dr. Lotfi to our
Board of Directors. His in-depth knowledge of the power electronics
market and his track record of scaling the Enpirion Power Business
will allow him to immediately contribute to our management team and
Board of Directors as we pursue the pipeline of customer
opportunities in our key strategic markets of high-power
electronics, battery materials/energy storage and aerospace and
defense.”
Dr. Lotfi stated, “I am very delighted to join CVD Equipment
Corporation. Its long history and solid IP capabilities,
particularly in silicon carbide, the essential enabling technology
for electrification, form a strong basis for continued growth and
participation in critical parts of vital applications and growth
markets.”
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and
manufactures a broad range of chemical vapor deposition, physical
vapor transport, gas and chemical delivery control systems, and
other equipment and process solutions used to develop and
manufacture materials and coatings for industrial applications and
research. Our products are used in production environments as well
as research and development centers, both academic and corporate.
Major target markets include high power electronics (silicon
carbide), EV battery materials / energy storage (carbon nanotubes,
graphene, and silicon nanowires) and aerospace & defense
(ceramic matrix composites). Through its application laboratory,
the Company allows customers the option to bring their process
tools to our laboratory and to work collaboratively with our
scientists and engineers to optimize process performance.
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results could differ materially
from such forward-looking information. The Company’s Securities and
Exchange Commission filings identify many such risks and
uncertainties. Any forward-looking information in this press
release is qualified in its entirety by the risks and uncertainties
described in such Securities and Exchange Commission filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20230821761554/en/
For further information about this topic please contact: Richard
Catalano, Executive Vice President & CFO Phone: (631) 981-7081
Email: investorrelations@cvdequipment.com
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