

|
 |

 |


 Press Release

Asyst
Names Frederick J. Tiso As
Senior Vice President, Manufacturing Operations

Former Lucent Executive
Will Lead Initiatives to Support Operational Excellence
FREMONT, Calif., April 23, 2002 -
Asyst Technologies, Inc. (NASDAQ NM: ASYT), a leading provider
of integrated automation solutions that maximize semiconductor
manufacturing productivity, today announced that it has named
Frederick J. Tiso to the new position of Senior Vice President,
Manufacturing Operations.
Tiso, 40, was most recently vice
president, global order fulfillment, for Lucent Technologies,
where he led a workforce of 1,400 responsible for aligning bookings,
backlog and on-time delivery in support of a $24 billion business.
Through outsourcing, e-fulfillment and other supply chain strategies,
he scaled Lucent's order fulfillment infrastructure by a factor
of 12 while reducing cost per order by 35 percent. Prior to joining
Lucent, he was senior director, worldwide manufacturing operations
for Applied Materials, where he shared responsibility for implementing
a lean manufacturing strategy on a low-volume, highly customized
product set. He delivered results that included higher quality,
higher margins, 75 percent reduction in cycle time, and 95 percent
on-time delivery. Tiso received a bachelor of science degree
in business from Cal State Polytechnic University.
Stephen Schwartz, executive vice
president, product groups and operations, said, "We believe
we have the best fab and equipment automation products in the
world, as well as a global support infrastructure that leads
our segment. During this downturn, we have been highly focused
on what we believe is the third key success factor: operational
excellence. Fred Tiso has proven his ability to re-engineer business
processes and enhance margins, quality and on-time delivery,
which are the cornerstones of our operational excellence initiatives.
We are extremely excited that he has recognized the opportunities
available to Asyst in the coming industry upturn."
About Asyst: Asyst Technologies, Inc. is a leading provider of integrated
automation solutions that enable semiconductor manufacturers to increase overall
equipment effectiveness, improve yields and increase fab throughput. The company
offers a broad range of 200mm and 300mm solutions that enable the safe and
rapid transfer of wafers and information between process equipment and the
fab line throughout the IC fabrication process, while reducing IC damage caused
by human, environmental, mechanical and chemical factors. Asyst's homepage
is http://www.asyst.com
Safe Harbor: Except for statements of historical fact,
the statements in this press release are forward-looking. Such
statements are subject to a number of risks and uncertainties
that could cause actual results to differ materially from the
statements made. These factors include, but are not limited
to, general economic conditions, semiconductor industry cycles,
risks associated with the acceptance of new products and product
capabilities and other factors more fully detailed in the Company's
recent 10Q quarterly report on file with the Securities and
Exchange Commission.
CONTACT:
Investor Contact
John Swenson
Asyst Technologies, Inc.
(510) 661-5000
jswenson@asyst.com
|