Axcelis Technologies, Inc. Announces Board Changes
February 21, 2017 at 01:41 pm
Share
On February 17, 2017, Axcelis Technologies, Inc. received a letter from Nasdaq regarding the company’s compliance with Nasdaq Listing Rule 5605(c)(2)(A), which requires that a listed company have an audit committee with three members, and that such members meet certain requirements. Following the death of Barbara J. Lundberg, two members remained on the company’s Audit Committee, John T. Kurtzweil and Joseph P. Keithley. On February 15, 2017, the Board of Directors of the Company appointed Joseph P. Keithley, John T. Kurtzweil and R. John Fletcher to serve as the audit committee of the Board of Directors, with Mr. Kurtzweil serving as Chairman of such committee, until the next annual meeting of the Board of Directors and until their respective successors are elected and qualified, or until their earlier resignation or removal.
Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company offers a complete line of high energy, high current and medium current implanters for all application requirements. In addition to equipment, the Company provides extensive aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Its Purion flagship systems are all based on a common platform, which enables a combination of implant purity, precision and productivity. Combining a single wafer end station, with advanced spot beam architectures (that ensures all points across the wafer see the same beam condition at the same beam angle), Purion products enable process control to optimize device performance and yield, at high productivity. The Company sells its products to semiconductor chip manufacturers around the world.
AXCELIS TECHNOLOGIES, INC. 
