Cymer, Inc. (NASDAQ:CYMI) , the world's leading supplier of light sources used by chipmakers to create advanced semiconductor chips, today announced the election of Eric Ruttenberg to the company's Board of Directors.
"I am pleased to announce the election of Eric Ruttenberg to the Company's Board of Directors," stated Bob Akins, chairman and chief executive officer of Cymer. "Eric's business acumen and extensive capital market experience will be a great asset to help the company take advantage of the opportunities ahead. We welcome Eric, and we look forward to the perspectives he will contribute," Akins concluded.
Eric M. Ruttenberg, 53, serves as Co - Managing Member of the General Partner of Tinicum Capital Partners II, L.P., a New York based investment firm, that holds a significant interest in Cymer. Mr. Ruttenberg also currently serves as a director of several of Tinicum's privately held portfolio companies. Mr. Ruttenberg has previously served on the boards of several public companies, namely SPS Technologies and Kollmorgen Corporation.
Cymer, Inc. (NASDAQ:CYMI) is the market leader in developing light sources, used by chipmakers worldwide to pattern advanced semiconductor chips. Cymer's light sources have been widely adopted by the world's top chipmakers and the company's installed base comprises more than 3,300 systems. Continuing its legacy of leadership, Cymer is currently pioneering the industry's transition to EUV lithography, the next viable step on the technology roadmap for the creation of smaller, faster chips. The company is headquartered in San Diego, Calif., and supports its customers from numerous offices around the globe. Cymer maintains a Web site to which it regularly posts press releases, SEC filings, and additional information about Cymer. Interested persons can also subscribe to automated e-mail alerts or RSS feeds. Please visit www.cymer.com.