MENLO PARK, CA, DECEMBER
11,
2007 —Ultra Clean Technology (Nasdaq: UCTT) a
leading developer and supplier of critical subsystems for the semiconductor
capital equipment industry, announced the appointment of David Savage
to the position of President and Chief Operating Officer, effective
January 8, 2008.
Savage joins Ultra Clean with over 20 years of executive
experience driving operational excellence and profitable growth in
international, high technology companies by leveraging and enhancing
core competencies and expanding market presence.
Clarence Granger, Ultra
Clean's Chairman and CEO, welcomed
Savage to Ultra Clean. "We are very pleased to
have an executive of David's caliber lead our global operations. David's
background and demonstrated ability to optimize operating performance
in growth oriented companies is directly applicable to our needs
and compliments our ongoing strategy."
Before joining Ultra Clean, Savage was CEO Officer of Litel Instruments,
Inc., a semiconductor optical metrology business. Prior
to Litel, he was the President, Electronics Division of Meggitt USA,
Inc. where he led a division focusing on high performance sensors. Prior
to Meggitt, he was the CEO at DigMedia, a media delivery business
focused on broadband service providers.
In his new position Savage will report to Clarence Granger and will
assume many of the responsibilities of Ultra Clean's current
President, Leonard Mezhvinsky, who will be retiring effective December
31, 2007.
Ultra Clean Technology is a developer and supplier of critical subsystems
for the semiconductor capital equipment industry. Ultra Clean offers
its customers an integrated outsourced solution for gas delivery
systems and other subassemblies, improved design-to-delivery cycle
times, component neutral design and manufacturing and component testing
capabilities. Ultra Clean's customers are primarily original equipment
manufacturers of semiconductor capital equipment. Ultra Clean is
headquartered in Menlo Park, California. Additional information is
available at www.uct.com.
The foregoing information contains, or may be deemed to contain, "forward-
looking statements" (as defined in the U.S. Private Securities
Litigation Reform Act of 1995) which reflect our current views with
respect to future events and financial performance. We use words such
as "anticipates," "believes," "plan," "expect," "future,"' "intends," "may," "will," "should," "estimates," "predicts," "potential," "continue" and
similar expressions to identify these forward-looking statements..
All forward-looking statements address matters that involve risks and
uncertainties. Accordingly, our actual results may differ materially
from the results predicted or implied by these forward- looking statements.
These risks, uncertainties and other factors include, among others,
those identified in "Risk Factors," "Management's Discussion
and Analysis of Financial Condition and Results of Operations'' and
elsewhere in our annual report on Form 10-K for the year ended December
29, 2006 and quarterly report on Form 10-Q for the quarter ended September
28, 2007 filed with the Securities and Exchange Commission. Ultra Clean
Technology undertakes no obligation to publicly update or review any
forward-looking statements, whether as a result of new information
future developments or otherwise.
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