Xitronix Announces 2009 Shareholders' Meeting
AUSTIN, TX, January 15, 2009 – Xitronix Corporation will hold its 2009 Shareholders' Meeting on April 24, 2009 at its corporate headquarters, 3925 W. Braker Lane, Floor 3, Austin, Texas, 78759. The meeting will begin at 9 am and will be open to all stockholders of record at the close of business on February 28, 2009.
Xitronix Receives $500,000 Investment from Texas Emerging Technology Fund
AUSTIN, TX, April 3, 2008 – Governor Rick Perry today announced Texas’ investment of $500,000 in Xitronix Corporation, an Austin-based semiconductor metrology company, through the Texas Emerging Technology Fund. Xitronix will use the investment to bring its powerful measurement and characterization technology for atomic-scale devices to market in a fully-automated 300mm platform for use by semiconductor manufacturers.
“We are excited to receive this investment from the Texas Emerging Technology Fund,” said Bob Shepard, a Xitronix board member. “This confirms Rick Perry and the leaders of Texas’ commitment to creating high value jobs and economic prosperity in Texas.”
Xitronix was selected for investment after an extensive due diligence process based on multiple criteria, including a stringent analyses of the market and financial opportunity, technology potential, management team and economic impact to Texas. Xitronix is first to market with disruptive technology that meets critical process control needs in advanced semiconductor manufacturing for active dopant, strained silicon and gate channel mobility. Xitronix technologies are protected by US and international issued patents and patents pending.
“Consumer demand for increased speed, power and integration in computing and electronic devices drives semiconductor manufacturers to scale the size of transistors in integrated circuits smaller and smaller in order to pack more performance onto a single chip. As transistor sizes get smaller, due to the limits of physical scaling, manufacturers are encountering a proliferation of manufacturing problems at each process node,” said Judd Chism, CEO of Xitronix. “Xitronix’ PMPR technology enables manufacturers to directly measure and control nanophysical properties immediately after each critical step in the process is completed, instead of after the entire device is completed.”
About the Emerging Technology Fund
The TETF is a $200 million initiative created at the governor’s request by the Texas Legislature in 2005 to ensure a vibrant economy and a global leadership position for Texas. A 17-member advisory committee of high-tech leaders, entrepreneurs and research experts reviews potential projects and recommends funding allocations to the Governor, Lieutenant Governor and Speaker of the House. To date, the TETF has allocated $109 million in funds to Texas companies and universities. Further information on the Texas Emerging Technology Fund can be found at www.emergingtechfund.com.
Xitronix Appoints Phil M. Bryson Chief Operating Officer
AUSTIN, TX, March 10, 2008 – Xitronix Corporation, a provider of advanced process control equipment to the semiconductor industry, today announced that Phil M. Bryson has been named Chief Operating Officer. Mr. Bryson will oversee all elements of the Company's operations, including worldwide sales and marketing as well as the Company's manufacturing and worldwide service and support operations.
Mr. Bryson joins Xitronix after successful careers at Tokyo Electron and KLA-Tencor and brings over 24 years of industry experience in sales and marketing, product development, manufacturing and service and support in the semiconductor market. Mr. Bryson has held a number of positions in his career, most recently as Director, Advanced Inspection and Metrology of Tokyo Electron and Vice President of Field Operations at Timbre Technologies, a TEL subsidiary. He served previously as Technical Director – Motorola Global Operations and Director of Worldwide Application's Engineering at KLA-Tencor.
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