Aspect Systems' President G. Dennis Key Assumes CEO Role
18 March 2004 - 1:00AM
PR Newswire (US)
Aspect Systems' President G. Dennis Key Assumes CEO Role CHANDLER,
Ariz., March 17 /PRNewswire-FirstCall/ -- Aspect Systems, Inc., , a
leading supplier of tools and technologies for the cost effective
manufacture of today's high-volume chips, today announced that G.
Dennis Key, 61, has been appointed chief executive officer (CEO) --
replacing co-founder Doug Dixon, who will continue to serve as
chairman of the board. A 40-year semiconductor industry veteran,
Key was appointed president of Aspect Systems (ASI) in July 2003.
Now taking the helm as CEO, Key will drive the company's strategic
expansion plans, which include bolstering the breadth of its
product portfolio and service offerings, while enhancing ASI's
global presence to better support the company's growing customer
base. According to Dixon, "We recruited Dennis more than a year ago
with this ultimate goal in mind. He has the strategic vision,
technical expertise and business acumen needed to drive ASI's
aggressive growth plans. In addition, he has the sales/marketing
skills and global customer relationships that will be instrumental
in enabling ASI to reach new record-setting levels of performance."
Dixon added that Key has already extended ASI's technology
portfolio with his acquisition of legacy dry processing products
(Matrix System One and System Ten) from Axcelis late last year. "We
look forward to watching ASI reach its full potential under his
expert leadership," concluded Dixon. Commenting on his appointment,
Key noted that all industry signs point to an exciting stage ahead
for the company. "We are already seeing increased demand among
discrete manufacturers for our high-volume, lower cost plasma etch
and dry processing solutions, which enable them to meet their
time-to-market and profitability goals. As we expect this momentum
to continue, we believe that 2004 will be a banner year for
ASI-bringing with it the highest revenue the company has witnessed
in its 14-year history." With a career that spans more than four
decades in the semiconductor and capital equipment industries, Key
most recently served as vice president of sales and marketing for
Varian Semiconductor, where he was instrumental in the company's
successful spin-off from parent company Varian Associates, Inc.
Prior to this, Key was vice president of sales and field operations
at Lam Research. His semiconductor career also includes tenures
with Gemini Research, National Semiconductor, Fairchild and Texas
Instruments. Safe Harbor: Comments about the company's future
expectations, and all other statements in this release, other than
historical facts, are "forward-looking statements" within the
meaning of section 27A of the Securities Act of 1933, section 21E
of the Securities Act of 1934, as that term is defined in the
Private Securities Reform Act of 1995. It is important to note that
actual results and ultimate corporate actions could differ
materially. Such "forward-looking statements" are subject to risks
and uncertainties set forth from time to time in the Company's SEC
reports. About Aspect Systems: A wholly owned subsidiary of DND
Technologies, Inc., Aspect Systems is a well-established equipment
and engineering services company, offering a broad suite of
services to the semiconductor industry. ASI has recently directed
its attention to the growing market for equipment that has been
proven to serve the needs of discrete manufacturers who are
building 0.25-micron and higher devices on 100-mm to 200-mm wafers,
and as such do not require the more advanced, and capital
intensive, equipment to achieve their goals. To further address the
needs of the growing, high-volume, lower-cost manufacturing market,
ASI plans to add other relevant products and services to its
portfolioas they become available. DATASOURCE: Aspect Systems, Inc.
CONTACT: Dennis Key, President/CEO of Aspect Systems, Inc.,
+1-480-558-4438, or
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