SVTC Technologies Appoints New Chief Financial Officer


San Jose, CA (PRWEB) August 09, 2011

SVTC Technologies, the premier innovation partner for accelerating nanotechnology development and commercialization, is pleased to announce the appointment of Jack Sexton as the company?s new Chief Financial Officer. Sexton comes to SVTC with over 25 years of leadership experience in finance and operations, including 10 years with Silicon Valley based technology companies and 15 years with the leading oilfield services provider Schlumberger. His background spans both public and private companies, equipment manufacturers and global service providers.

Bert Bruggeman, SVTC?s Chief Executive Officer, commented, ?We are very excited to have an executive of Jack?s caliber join the SVTC team. I am confident that his background as a public company CFO and demonstrated success in international business development, fund raising and investor relations will represent critical additions to SVTC?s leadership team, and contribute significantly to the company?s continued success.?

Most recently Mr. Sexton consulted for Philips Lumileds. Prior to that, he was Chief Financial Officer of Ultra Clean Technology from 2005 – 2009, where he was instrumental in driving rapid, profitable growth – both organically and through acquisition. Mr. Sexton also served as Chief Accounting Officer of NPTest from 2002 ? 2004, where he managed the financial aspects of the company?s spin off from Schlumberger, through a successful IPO and subsequent merger with Credence Systems (now part of LTX-Credence), where he then served as Corporate Controller. Sexton, a certified public accountant, holds two Bachelor of Science degrees, in finance and accounting, from the Carroll School of Management at Boston College, where he graduated magna cum laude.

About SVTC

SVTC Technologies provides development and commercialization services for innovative semiconductor process-based technologies and products, cost effectively and in an IP-secure manner. Through facilities in San Jose, California and Austin, Texas, SVTC serves customers in rapidly growing markets such as MEMS, microfluidics, high voltage, and TSV that are used in a wide array of industries such as life science, semiconductor fabrication, aerospace & defense, consumer-mobility and clean energy. SVTC offers a suite of leading-edge equipment and services, including full-scale 8-inch and 12-inch process capabilities, advanced CMOS and non-CMOS equipment, analytical services, development support tools and commercialization services. SVTC is ISO 9001, ISO 13485 and ITAR registered. SVTC’s investors include Oak Hill Capital Partners, Tallwood Venture Capital and the company’s management and employees. SVTC is an equal opportunity employer. More information can be found at http://www.svtc.com.

Media Contact:

SVTC Technologies

Rich Brossart

Sr. Director of Marketing

Rich.Brossart(at)svtc(dot)com

408-240-7252

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