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SVTC Technologies Names New Chief Executive Officer

SVTC Technologies, the leading commercialization service provider for new emerging silicon-based technologies in areas such as CMOS, MEMS, photovoltaics and other related nanotechnologies, today announced Bert Bruggeman has become Chief Executive Officer. Mr. Bruggeman was the founder of SVTC Technologies and until recently served as Vice President of Operations. During his tenure, Bruggeman instilled a passion for operational excellence and a commitment to customer success.

"SVTC has evolved tremendously since its beginning and has proven to be a valuable, cost-effective and IP-secure solutions provider enabling customers to take their novel concepts from lab to fab," said Bruggeman. "As our markets continue to grow, I look forward to working with our experienced team to enhance our differentiated, value-added solutions for our customers to accelerate innovation in a dynamic and changed economy."

Mr. Bruggeman brings a wealth of experience to SVTC having held several leadership positions in technology development, commercialization and operations within the semiconductor industry, including Vice President of Solar Wafering Manufacturing at MEMC and Senior Director of Process Technology Development and Worldwide Foundry Operations at Cypress Semiconductor. Mr. Bruggeman was also the Director of Operations and Product Engineering at Silicon Light Machines, a start-up in the field of optical MEMS devices. He began his career at the IMEC R&D facility in Leuven, Belgium.

"With his proven leadership and success in managing SVTC since its inception, Bert is the right person to lead the company into its next major growth and development phase," said Luis Arzubi, a partner at Tallwood Venture Capital. "Bert's operational expertise and customer focus will be instrumental in further strengthening SVTC's role as the leader of technology commercialization services. We are pleased to have him join our Board of Directors."

Joe Bronson, former CEO of SVTC, will remain on the company's board. "We thank Joe for the leadership and contributions he provided as chief executive and look forward to his continued dedication to SVTC," said Bill Pade, a partner at Oak Hill Capital Partners.

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