Market Overview

Zygo Adds New Director


Zygo Corporation (Nasdaq: ZIGO) today announced the election of a new director, with the addition of Michael A. Kaufman, 41, to the Zygo Board.

Mr. Kaufman is the President of MAK Capital One, LLC, a fund based in New York City, which he founded in 2001. He graduated from the University of Chicago, where he also received his M.B.A., and has a law degree from Yale University. MAK Capital and its related entities have been investors in Zygo Corporation since 2007 and currently own approximately 23.6% of the outstanding capital stock of the Company.

Dr. Chris Koliopoulos, Chairman and Chief Executive Officer of Zygo Corporation, commented, "I welcome Mr. Kaufman to the Zygo Board. We are confident that Mike's strong background in finance, investments and strategic additions will be of great value to Zygo in taking the company to the next level, as Zygo continues to mature in size and global reach."

"I look forward to working with Chris, the rest of the Board and the executive team at Zygo," said Mr. Kaufman. "The Company is recognized as a leader in optical technology, with an extensive portfolio of patents and intellectual property. This combination should serve it well in the future."

Zygo Corporation is a worldwide supplier of optical metrology instruments, precision optics and electro-optical design and manufacturing services serving customers in the semiconductor capital equipment, bio-medical, scientific and industrial markets.

Posted-In: News Management


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