SOURCE: Cascade Microtech

Cascade Microtech

May 19, 2011 15:25 ET

Cascade Microtech Appoints John (J.D.) Delafield to Board of Directors

BEAVERTON, OR--(Marketwire - May 19, 2011) - Cascade Microtech, Inc. (NASDAQ: CSCD), a leading expert at precision measurements at the wafer level, today announced it has elected John (J.D.) Delafield, Jr. to its Board of Directors effective May 13, 2011. "Mr. Delafield brings a significant knowledge of capital markets to our Board of Directors. J.D.'s addition will provide a perspective into technology-driven investments and an international viewpoint that will benefit our management team as we drive innovative test technology into new markets globally," said Michael Burger, president and CEO of Cascade Microtech, Inc.

"Cascade Microtech operates on the leading edge of semiconductor wafer test. As emerging markets continue to grow, advanced test solutions will be required," said Mr. Delafield, president of Delafield Hambrecht, Inc. "Cascade Microtech is poised to leverage both its financial position and technology leadership to meet these requirements and achieve its aggressive strategic objectives. I'm looking forward to participating as a member of the board as they drive to success."

Mr. Delafield is the chairman, president and CEO of Delafield Hambrecht, Inc. Previously, he co-founded WR Hambrecht + Co., an Internet and auction technology-driven investment bank, and held a number of positions including chief operation officer. Prior to WR Hambrecht + Co., Mr. Delafield worked at Morgan Stanley in investment banking in New York and Singapore and at The Coca-Cola Company in Beijing. Mr. Delafield is a former board member of The Henry Art Gallery, Cost-U-Less, Cardiac Science, WR Hambrecht and REM Medical. He currently serves on the boards of directors of Seattle Bank, SleepHealth Centers and Epiphany School. Mr. Delafield holds a bachelor's degree from Princeton University and an MBA from Harvard Business School.

About Cascade Microtech, Inc.
Cascade Microtech, Inc. (NASDAQ: CSCD) is a worldwide leader in the precise electrical and mechanical measurement and test of integrated circuits (ICs) and other small structures. For technology businesses and scientific institutions that need to evaluate small structures, Cascade Microtech delivers access to electrical data from wafers, ICs, IC packages, circuit boards and modules, MEMS, 3D TSV, LED devices and more. Cascade Microtech's leading-edge semiconductor production test products include unique probe cards and test sockets that reduce manufacturing costs of high-speed and high-density semiconductor chips. For more information visit www.cascademicrotech.com.