"Vahan will initially be responsible for coordinating our overall sales and field service operations in North America, which is key to our engaging with customers in mainstream applications," according to Mike Parodi, Tegal's Chairman, President and Chief Executive Officer.
“Vahan will initially be responsible for coordinating our overall sales and field service operations in North America, which is key to our engaging with customers in mainstream applications”
Mr. Tchakerian is a 20-year veteran of the semiconductor industry, previously holding senior sales management positions with FEI Company, SEZ America, Jasmine Sales Group (a manufacturer's rep company which he co-founded), and DuPont Photomasks. Most recently as Vice President of Sales, North America for FEI Company, he was responsible for over one third of FEI total annual sales of approximately $360 million.
"Vahan is an exceptional addition to our team," said Mike Parodi. "He has a proven track record of success in strategic selling, a wealth of experience in the semiconductor capital equipment industry and a reputation for outstanding business leadership. Vahan will spearhead the introduction of Tegal's etch and deposition products for both emerging and mainstream applications."
"I was impressed by the depth and breadth of the Tegal product line, which is more technically advanced than one would expect from a company of Tegal's size. Its reputation as a technology leader and innovator is well deserved," said Mr. Tchakerian. "When combined with Tegal's recognized number one position in customer support, I believe that Tegal presents a compelling alternative to larger suppliers for leading companies in semiconductor manufacturing. I am extremely excited about Tegal's prospects for growth."
Safe Harbor Statement
Except for historical information, matters discussed in this news release contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements, which are based on assumptions and describe our future plans, strategies and expectations, are generally identifiable by the use of the words "anticipate," "believe," "estimate," "expect," "intend," "project" or similar expressions. These forward-looking statements are subject to risks, uncertainties and assumptions about the company including, but not limited to industry conditions, economic conditions, acceptance of new technologies and market acceptance of the company's products and services. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements in this paragraph. For a further discussion of these risks and uncertainties, please refer to the company's periodic filings with the Securities and Exchange Commission.
About Tegal
Tegal provides process and equipment solutions to leading edge suppliers of advanced semiconductor and nanotechnology devices. Incorporating unique, patented etch and deposition technologies, Tegal's system solutions are backed by over 35 years of advanced development and over 100 patents. Some examples of devices enabled by Tegal technology are energy efficient memories found in portable computers, cellphones, PDAs and RFID applications; megapixel imaging chips used in digital and cellphone cameras; power amplifiers for portable handsets and wireless networking gear; and MEMS devices like accelerometers for automotive airbags, microfluidic control devices for ink jet printers; and laboratory-on-a-chip medical test kits.
More information is available on the Internet at: www.tegal.com.
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