Micronic Names Masashi Tsutsui President of Micronic Japan K.K.
Micronic Names Masashi Tsutsui President of Micronic Japan K.K. Täby, Sweden -- December 13, 2001 -- Micronic Laser Systems AB (OM Stockholm Exchange: MICR), a leading manufacturer of laser pattern generation equipment to the semiconductor and display industries, today announced the appointment of Masashi Tsutsui to the position of president of Micronic Japan K.K., Micronic's Japanese subsidiary. In this role, Mr. Tsutsui is chartered with strengthening Micronic Japan K.K.'s position in the Japanese marketplace and leading its overall operations. Mr. Tsutsui will report directly to Ulf Sundström, Micronic's vice president of sales and customer support. As president, Mr. Tsutsui is responsible for securing Micronic's entry into the Japanese semiconductor market and maintaining its leadership within the display market. He will also be focused on further developing its customer support organization, which currently consists of technical service, installation and application support. "Mr. Tsutsui will be a powerful resource in accelerating the development on our Japanese business. He will play an integral role in strengthening and developing this business in line with Micronic's overall corporate strategies," said Sven Löfquist, Micronic President and CEO. Mr. Tsutsui joins Micronic Japan K.K. from Marubeni Corporation, where he worked for nearly two decades, most recently serving as assistant general manager of the Nuclear Power Department. While at Marubeni, he was instrumental in commercially importing nuclear fuels from the U.S. for the first time in history. Mr. Tsutsui holds a bachelor's degree in economics from Waseda University in Tokyo, Japan. About Micronic Laser Systems AB Micronic Laser Systems AB is a Swedish high-tech company engaged in the development, manufacture and marketing of a series of extremely accurate laser pattern generators for the production of photomasks. The technology involved is known as microlithography. Micronic's systems are used by the world's leading electronics companies in the manufacture of television and computer displays, semiconductor circuits and semiconductor packaging components. Micronic is located in Täby, north of Stockholm and at present has subsidiaries in the United States and Japan and a service office in Taiwan. Micronic's net sales for 2000 amounted to MSEK 704 (MSEK 213 in 1999) and the company has 325 employees. Micronic maintains a web site at: http://www.micronic.se Company contact: Agency contact: Ulf Sundström Dylan McGrath VP Sales & Customer Support The Loomis Group, Inc. Tel: +46 8 638 52 00 Tel: +1 415 882 9494 email@example.com firstname.lastname@example.org ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/13/20011213BIT00230/bit0002.doc http://www.waymaker.net/bitonline/2001/12/13/20011213BIT00230/bit0002.pdf