SOURCE: Zygo Corporation

December 19, 2006 12:25 ET

Zygo Corporation Announces Appointment of James Northup as President, Metrology Division

MIDDLEFIELD, CT -- (MARKET WIRE) -- December 19, 2006 -- Zygo Corporation (NASDAQ: ZIGO), a leading worldwide optical metrology supplier, today announced that it has appointed James Northup as President, Metrology Division. Mr. Northup recently joined the company as executive vice president, corporate business development. Prior to joining ZYGO, Mr. Northup was chief operating officer with Toppan Photomasks, Inc. (formerly DuPont Photomasks, Inc.), and president of Photronics, Inc. He holds a bachelor of science degree in chemical engineering with high distinction from the University of Rhode Island.

Commenting on the appointment, Bruce Robinson, ZYGO's chief executive officer, stated, "ZYGO has experienced excellent growth over the last few years, and at this time we are taking the opportunity to structure the company for continued success. ZYGO will now be organized around two core divisions -- metrology and optics. John Stack recently joined us as president, optics division. Both Jim and John will report directly to me and will be members of ZYGO's executive staff."

Zygo Corporation is a worldwide supplier of optical metrology instruments, precision optics, and electro-optical design and manufacturing services, serving customers in the semiconductor capital equipment and industrial markets.

All statements other than statements of historical fact included in this news release regarding our financial position, business strategy, plans, anticipated growth rates, and objectives of management of the Company for future operations are forward-looking statements. Forward-looking statements are intended to provide management's current expectations or plans for the future operating and financial performance of the Company based upon information currently available and assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plans," "strategy," "project," and other words of similar meaning in connection with a discussion of future operating or financial performance. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements are fluctuations in capital spending of our customers, fluctuations in net sales to our major customer, manufacturing and supplier risks, dependence on and timing of new product development, rapid technological and market change, risks in international operations, dependence on proprietary technology and key personnel, length of the sales cycle, environmental regulations, and fluctuations in our stock price. Further information on potential factors that could affect Zygo Corporation's business is described in our reports on file with the Securities and Exchange Commission, including our Form 10-K for the fiscal year ended June 30, 2006.

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