Axcelis Strengthens Its Board With Nomination Of Dr. Tzu-Yin Chiu

BEVERLY, Mass., Feb. 27, 2018 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today the nomination of Dr. Tzu-Yin ("TY") Chiu to the Company's Board of Directors.  Dr. Chiu brings to Axcelis over 30 years' experience in the semiconductor industry and a record of accomplishment managing successful semiconductor manufacturing companies at the executive level. Dr. Chiu's expertise spans technology research, business development, operations and corporate management. Dr. Chiu will be presented for election at the company's annual shareholders meeting on May 16.

"TY will be a strong asset to the Axcelis board, with his exceptional leadership and industry experience," said President and CEO Mary Puma.  "Moreover, his knowledge of the Chinese semiconductor market will be particularly valuable to Axcelis as that market continues to grow."

Dr. Tzu-Yin Chiu is the non-executive Vice Chairman of Semiconductor Manufacturing International Corporation ("SMIC"), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China.  Dr. Chiu assumed his current position on his retirement from SMIC in May 2017. Prior to that, Dr. Chiu served as SMIC's CEO beginning in August 2011. Dr. Chiu serves on the Board of SMIC, also since August 2011. In addition, Dr. Chiu served as Vice Council Chairman of China Semiconductor Industry Association (CSIA) and a board member of Global Semiconductor Alliance (GSA). He is also a member of the Engineering Advisory Board of University of California, Berkeley.

About Axcelis:

Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for 40 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.

CONTACTS:

Maureen Hart (editorial/media) 978.787.4266
Doug Lawson (investor relations) 978.787.9552

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SOURCE Axcelis Technologies, Inc.