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Axcelis Strengthens Its Board With The Election Of Two Directors

BEVERLY, Mass., May 14, 2014 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that the shareholders have elected Arthur L. George, Jr and Barbara J. Lundberg to the Company's Board of Directors.  

Axcelis Technologies, Inc.

"We are pleased to welcome Arthur and Barbara to the Axcelis board," said CEO and Chairman Mary Puma.  "We believe their combined experience in technology, strategy and finance will be a tremendous asset to Axcelis as we continue to transform our business and the implant industry."

Mr. George has had a 30 year career at Texas Instruments, one of the world's largest semiconductor companies and a highly innovative, high performing global leader in analog, embedded processing and wireless technologies. Until recently, Mr. George served as Senior Vice President and Manager of TI's Analog Engineering Operations, a position he held since 2010. Prior to this  Mr. George served as Senior Vice President and General Manager of TI's High Performance Analog business unit. In addition to Axcelis, Mr. George also serves on the Board of Directors of Nordson Corporation, a manufacturer of precision dispensing equipment.

Ms. Lundberg has over thirty years of significant executive experience across multiple industries as well as the financial sector.  From 2012 to 2013, Ms. Lundberg served as CEO and Vice Chairman of the Supervisory Board of Tele-Fonika Kable, one of the largest cable manufacturers in Europe.  Prior to that, Ms. Lundberg was a consultant with Kolaja & Partners, now part of Alvarez & Marsal.  Between 1999 and 2001, Ms. Lundberg was CEO of Elektrim S.A., a multi-industry conglomerate and one of the largest companies in Poland.  She also served as Executive Vice President of the Polish American Enterprise Fund and was co-founder of Enterprise Investors.

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