CVD Equipment Corporation
(Nasdaq:CVV) today announced that Kelly S. Walters has been appointed to
its Board of Directors. With the addition of Mr. Walters, the board has been
expanded to six directors.
Mr. Walters, 38, is founder and managing member of Walters Advisory LLC, a
management consulting firm. He has over 14 years of broad corporate finance
and M&A experience having represented alternative energy, clean technology,
climate policy, advanced materials, chemicals and nanotechnology clients. From
2007 until 2009 Mr. Walters was a principal at ThinkEquity Partners and a principal
in the firm’s Greentech and Enabling Technologies investment banking team.
From 2003 until 2007, he was an investment banker with Morgan, Joseph &
Co. He began his investment banking career with Lehman Brothers in 2000 in the
firm’s Global Chemicals and Industrials Group. Prior to beginning his
investment banking career he was advisory financial analyst for global strategic
projects in the corporate planning department of Lexmark International, Inc.
Mr. Walters earned an MA at The Patterson School of Diplomacy and International
Commerce at the University of Kentucky. Mr. Walters also earned an MBA in Finance
and a BA in Economics at the University of Kentucky. He is a Chartered Financial
Analyst (CFA) charterholder, a Certified Management Accountant (CMA) and a Certified
Financial Manager (CFM).
Leonard Rosenbaum, President and Board Chairman of CVD Equipment Corporation
(CVD) said, "Kelly’s personal energy and financial acumen are valuable
additions to our board. CVD is at the center of some of the most exciting technological
developments in the world today, and Kelly brings more than just expertise in
these markets: His personal energy, vast financial and banking experience and
keen market knowledge add vital perspective to our BOD as we structure CVD for
growth. We are very pleased to welcome him and look forward to his contribution.”
CVD Equipment Corporation owns and operates three divisions: Together the CVD
and First Nano product groups form the CVD/First Nano Division. The CVD product
group designs and builds pilot and production Chemical Vapor Deposition processes
for a multitude of applications and serves primarily the industrial and solar/energy
markets. The First Nano product group manufactures the EasyTube equipment product
line used by researchers around the world to develop and grow a wide variety
of next generation Nanowire, Nanotube and Thin Film Materials. The CVD/First
Nano Division also operates an Application Laboratory where it develops advanced
processes and solutions to facilitate the commercialization of emerging technologies
in solar/nano and green field. The Stainless Design Concepts Division manufactures
Ultra High Purity (UHP) gas and chemical delivery systems for state-of-the-art
Semiconductor fabrication, Solar, Energy and Research and offers complete gas
and chemical delivery product lines. The Conceptronic Research International
Division supplies reflow ovens and rework stations to the Printed Circuit Board
assembly market and ball attach ovens to the back-end semi-conductor packaging
industry. It also develops custom industrial inline oven based systems that
process materials with controlled gas atmospheres and temperature profiles.