FormFactor Names Lothar Maier to Board of Directors
November 14, 2006
LIVERMORE, Calif. – November 14, 2006 – FormFactor, Inc. (Nasdaq: FORM) today announced that Lothar Maier, chief executive officer (CEO) of Linear Technology Corp., has been elected to the FormFactor Board of Directors. Maier is a veteran of the semiconductor industry with more than two decades of management experience including significant expertise in global business management and operations.
Jim Prestridge, chairman of FormFactor, stated, “We’re pleased to welcome Lothar Maier to our Board. He has been a driving force behind Linear Technology’s continued success as a leading supplier of high-performance analog ICs, and his extensive industry experience and strategic talent will be invaluable in helping guide FormFactor through its next phase of growth.”
Lothar Maier has served as CEO of Linear Technology since January 2005. Prior to that, he served as the company’s chief operating officer for more than five years. Before joining Linear Technology, Maier was employed for 16 years at Cypress Semiconductor where he held various management positions; most recently, as senior vice president and executive vice president of worldwide operations. Maier holds a bachelor’s degree in chemical engineering from the University of California at Berkeley.
Statements in this press release that are not strictly historical in nature are forward-looking statements within the meaning of the federal securities laws, including statements regarding business momentum, operations and future growth. These forward-looking statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to: the demand for certain semiconductor devices; the rate at which semiconductor manufacturers implement manufacturing capability changes, make the transition to smaller nanometer technology nodes and implement tooling cycles; the company’s ability to continue to ramp its factory capacity and increase production efficiencies and yields in its manufacturing operations and to
expand globally, including to execute on its global manufacturing roadmap; the company’s ability to develop and deliver innovative technologies, and to enforce its intellectual property rights; and the company’s ability to drive its product development pipeline and support multiple growth drivers in its customers’ businesses. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in the company’s Form 10-K for the fiscal period ended December 31, 2005 and the company’s Form 10-Q for the quarterly period ended September 30, 2006, filed with the Securities and Exchange Commission (“SEC”), and subsequent SEC filings. Copies of the company’s SEC filings are available at http://investors.formfactor.com/edgar.cfm. The company assumes no obligation to update the information in this press release, to revise any forward-looking statements or to update the reasons actual results could differ materially from those anticipated in forward-looking statements.