MENLO PARK, Calif., Dec. 11 /PRNewswire-FirstCall/ -- Ultra Clean Technology (NASDAQ:UCTT) a leading developer and supplier of critical subsystems for the semiconductor capital equipment industry, announced the appointment of David Savage to the position of President and Chief Operating Officer, effective January 8, 2008.
Savage joins Ultra Clean with over 20 years of executive experience driving operational excellence and profitable growth in international, high technology companies by leveraging and enhancing core competencies and expanding market presence.
Clarence Granger, Ultra Clean's Chairman and CEO, welcomed Savage to Ultra Clean. "We are very pleased to have an executive of David's caliber lead our global operations. David's background and demonstrated ability to optimize operating performance in growth oriented companies is directly applicable to our needs and compliments our ongoing strategy." Before joining Ultra Clean, Savage was CEO Officer of Litel Instruments, Inc., a semiconductor optical metrology business. Prior to Litel, he was the President, Electronics Division of Meggitt USA, Inc. where he led a division focusing on high performance sensors. Prior to Meggitt, he was the CEO at DigMedia, a media delivery business focused on broadband service providers.
In his new position Savage will report to Clarence Granger and will assume many of the responsibilities of Ultra Clean's current President, Leonard Mezhvinsky, who will be retiring effective December 31, 2007.
About Ultra Clean Technology Ultra Clean Technology is a developer and supplier of critical subsystems for the semiconductor capital equipment industry. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers of semiconductor capital equipment. Ultra Clean is headquartered in Menlo Park, California. Additional information is available at http://www.uct.com/.
Safe Harbor Statement The foregoing information contains, or may be deemed to contain, "forward-looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995) which reflect our current views with respect to future events and financial performance. We use words such as "anticipates," "believes," "plan," "expect," "future,"' "intends," "may," "will," "should," "estimates," "predicts," "potential," "continue" and similar expressions to identify these forward-looking statements. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, our actual results may differ materially from the results predicted or implied by these forward-looking statements. These risks, uncertainties and other factors include, among others, those identified in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in our annual report on Form 10-K for the year ended December 29, 2006 and quarterly report on Form 10-Q for the quarter ended September 28, 2007 filed with the Securities and Exchange Commission. Ultra Clean Technology undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information future developments or otherwise. DATASOURCE: Ultra Clean Technology CONTACT: Jack Sexton, Chief Financial Officer of Ultra Clean Technology, +1-650-323-4100, Web site: http://www.uct.com/
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