SOURCE: Rudolph Technologies, Inc.

May 25, 2005 09:20 ET

Kawanishi Named as Special Advisor to Rudolph Technologies Board of Directors

FLANDERS, NJ -- (MARKET WIRE) -- May 25, 2005 -- Rudolph Technologies, Inc. (NASDAQ: RTEC) announced today that Tsuyoshi Kawanishi has been named Special Advisor to the Rudolph Board of Directors. Kawanishi san was unanimously approved by the Rudolph Board of Directors at its meeting held yesterday in conjunction with its Annual Meeting of Stockholders.

Kawanishi san's background and experience in the semiconductor industry are extensive. In 1952, he received his B.S. degree in Electric Engineering from Tokyo Institute of Technology and in that the same year he joined Toshiba. He led Toshiba's semiconductor business as General Manager of Toshiba's Oita factory, Group Executive of Semiconductor Group and in 1990 Kawanishi san became Corporate Executive Vice President of Toshiba.

Kawanishi san currently serves on the boards of Semiconductor Manufacturing International Corporation (SMIC), Asyst Technologies, and Future Technology Design. He has served on the board of directors for numerous other semiconductor and semiconductor capital equipment companies, including Applied Materials, Taiwan Semiconductor Manufacturing Corporation (TSMC), World Semiconductor Manufacturing Corporation (WSMC), Chartered Semiconductor and the Institute of Microelectronics among others in his long and distinguished career. Kawanishi san is currently the Chairman of The Society of Semiconductor Industry Seniors (SSIS) in Japan, and serves on the International Advisory Panel for Singapore Technologies, and on the Senior Advisory Board of Semiconductor Equipment and Materials International (SEMI).

"We are extremely pleased that Kawanishi san has agreed to act as our strategic and technical advisor," said Paul McLaughlin, Rudolph's Chairman and CEO. "His vast experience and insights in the international marketplace, particularly throughout the Pacific Rim, will be invaluable to Rudolph as we continue to expand our business in the Asian markets. Kawanishi san's relationships go back decades with members of our Board and our senior management here and in Japan."

ABOUT RUDOLPH TECHNOLOGIES, INC.

Rudolph Technologies is a worldwide leader in the design, development and manufacture of high-performance process control metrology and defect inspection systems used by semiconductor device manufacturers. The Company's products provide a full-fab solution through its families of proprietary systems, which are used throughout the device manufacturing process. Rudolph's product development has successfully anticipated and addressed many emerging trends that are driving the semiconductor industry's growth in order to enhance the competitiveness of its products in the marketplace. The Company's success in creating complementary metrology and inspection applications through aggressive research and development is key to Rudolph's strategy for continued technological and market leadership.

Safe Harbor Statement

This press release contains forward-looking statements. Actual results may differ materially from those projected due to a number of risks, including, but not limited to, the impact of the slowdown in the overall economy, the uncertainty of the current global political environment, the potential for terrorist attacks, the potential for business disruptions due to infectious diseases, changes in customer demands for our existing and new products, the timing, cancellation or delay of customer orders and shipments, the timing of revenue recognition of shipments, new product offerings from our competitors, changes in or an inability to execute Rudolph Technologies' business strategy, unanticipated manufacturing or supply problems and changes in tax rules. Rudolph Technologies cannot guarantee future results, levels of activity, performance, or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Factors that May Affect Future Results" in Rudolph Technologies' Form 10-K filed for the year ended December 31, 2004. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Rudolph Technologies does not assume any obligation to update the forward-looking information contained in this press release.

Contact Information

  • Contact:
    Steven R. Roth
    CFO
    Tel: 973-448-4302