Micronic Appoints Industry Veteran Manny Ferreira President of North American Subsidiary

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Micronic Appoints Industry Veteran Manny Ferreira President of North American Subsidiary Täby, Sweden - August 29, 2002 - Micronic Laser Systems AB (OM Stockholm Exchange: MICR), a leading manufacturer of laser pattern generation equipment to semiconductor and display industries, has named Manny Ferreira president of Micronic Laser Systems, Inc., the company's North American subsidiary based in Mountain View, Calif. In his new role, Mr. Ferreira is charged with leading Micronic's North American operations, customer support and sales efforts to increase the company's financial growth and strengthen customer relationships. He brings organizational and team-building skills refined through more than 20 years of experience in the industry. "Through two decades of industry leadership experience, Manny has consistently proven his commitments to strengthening customer support, cultivating relationships and building infrastructure," Mr. Sundstrom, SrVP, Customer Operation said. "We are pleased to welcome Manny to Micronic and believe he will play an important role in our company's future." Mr. Ferreira joins Micronic from Portal Bay, where he served as vice president of operations, acting CFO, director and co-founder of the start-up venture from its inception in 1999. Before joining Portal Bay, Mr. Ferreira spent two years as director of operations for Ultratech Stepper's UltraBeam Lithography business division. Prior to that, he held a variety of corporate management positions in operations, manufacturing and engineering with several lithography companies including Photronics, Microlink Technologies and Ultratech Stepper. Mr. Ferreira holds a bachelor's degree in civil engineering from Santa Clara University. He is active in several professional organizations, including IEEE, SPIE and BACUS, and has published and presented numerous technical articles in the microlithography field. About Micronic Laser Systems AB Micronic Laser Systems 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 Taby, north of Stockholm and at present has subsidiaries in the United States and Japan and a service office in Taiwan. The company has 339 employees. Micronic maintains a web site at: http://www.micronic.se Company contact: Agency contact: Sven Lofquist Dylan McGrath President & CEO The Loomis Group, Inc. Tel: +46 8 638 Tel: +1 415 882 52 00 9494 sven.lofquist@mi dylan@loomisgro cronic.se up.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/29/20020829BIT00120/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/29/20020829BIT00120/wkr0002.pdf