CVD Establishes Position of Lead Independent Director
13 September 2018 - 7:06AM
Business Wire
CVD Equipment Corporation (NASDAQ: CVV), a leading provider of
chemical vapor deposition systems, today announced that its Board
of Directors has established the new position of Lead Independent
Director and the Company’s independent directors unanimously
elected Lawrence J. Waldman to the newly created position.
In his new role, Mr. Waldman’s responsibilities will include
coordinating the activities of the independent directors and
serving as a liaison between the President/ CEO the other
independent directors and helping to facilitate the Board’s
oversight and shareholder responsiveness.
Leonard A. Rosenbaum, President, CEO and Chairman of the Board
stated “We are committed to good corporate governance practices and
believe that the addition of a Lead Independent Director will help
to enhance corporate oversight. As Larry takes on this new role,
his broad experience should prove valuable to CVD and our
shareholders.”
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and
manufactures a broad range of chemical vapor deposition, gas
control, and other state-of-the-art equipment and process solutions
used to develop and manufacture materials and coatings for research
and industrial applications. This equipment is used by its
customers to research, design, and manufacture these materials or
coatings for aerospace engine components, medical implants,
semiconductors, solar cells, smart glass, carbon nanotubes,
nanowires, LEDs, MEMS, and other applications. Through its
application laboratory, the Company provides process development
support and process startup assistance with the focus on enabling
tomorrow’s technologies™. It’s wholly owned subsidiary CVD
Materials Corporation provides advanced materials and metal surface
treatments and coatings to serve demanding applications in the
electronic, biomedical, petroleum, pharmaceutical, and many other
industrial markets.
The Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made or to be made by
CVD Equipment Corporation) contains statements that are
forward-looking. All statements other than statements of historical
fact are hereby identified as “forward-looking statements, “as such
term is defined in Section 27A of the Securities Exchange Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Such forward looking information involves a
number of known and unknown risks and uncertainties that could
cause actual results to differ materially from those discussed or
anticipated by management. Potential risks and uncertainties
include, among other factors, conditions, success of CVD Equipment
Corporation’s growth and sales strategies, the possibility of
customer changes in delivery schedules, cancellation of orders,
potential delays in product shipments, delays in obtaining
inventory parts from suppliers and failure to satisfy customer
acceptance requirements.
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version on businesswire.com: https://www.businesswire.com/news/home/20180912006073/en/
CVD Equipment CorporationGina Franco, 631-981-7081Fax :
631-981-7095investorrelations@cvdequipment.com
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