EXHIBIT 99.1
Company Contact
David Faulkner
Cimetrix, Incorporated
Phone: (801) 256-6500
Fax: (801) 256-6510
faulkner@cimetrix.com
Editorial Contact
Trine Pierik
Positio PR
Phone: (408) 453-2400
Fax: (408) 453-2404
trine@positio.com
Cimetrix Strengthens Management Team
Realigns Key Departments to Support Growing Product Demand
Industry Veteran Kourosh Vahdani Named Vice President of Global Services,
Michael Feaster Promoted to Executive Vice President of Research & Development
SALT LAKE CITY, Utah--January 5, 2005--After posting three consecutive quarters
of profit and on track for a profitable 2004, Cimetrix (OTC: CMXX), a leader in
factory connectivity software, today announced it is strengthening its executive
team and realigning two key departments to support anticipated growth in 2005.
The moves are designed to ensure the company continues to provide "passionate
support" to its customer base in the areas of standard product technical support
and delivery of custom software services while simultaneously accelerating new
product development activities in high growth areas.
Essential to this strategy are two key executive management appointments. First,
Kourosh Vahdani, a 20-year semiconductor industry veteran, has been appointed to
the new position of vice president of global services, with responsibility for
customer support and professional services. Vahdani will head up a new customer
services and support center that will focus on providing excellent product
support for customers who integrate Cimetrix software products by themselves,
and professional services to assist customers with custom software development
or integration projects.
Vahdani's expertise lies in the area of factory automation and systems
integration. His extensive experience in meeting the evolving information
technology needs of semiconductor manufacturing processes, automation,
manufacturing execution systems (MES), advanced process control (APC) and
quality information systems will be an asset to Cimetrix's service organization.
Having been in the semiconductor industry for nearly 20 years, he has held
senior management positions at Advanced Micro Devices (AMD) and TRW. While at
TRW, Vahdani was a major contributor in building the Manufacturing Solutions
group that became the largest and most successful independent systems integrator
serving semiconductor manufacturers worldwide.
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In another important move, Cimetrix has promoted Michael Feaster to executive
vice president of research and development. In this position he will assume full
responsibility for an expanded R&D department that will be charged with
accelerating development and rollout of new products. Feaster will initially
focus on the company's CIMPortal product line and other complementary products
associated with the new Interface A standard.
Feaster joined Cimetrix in April of 1998 as director of customer services. In
December of 1998 he was promoted to vice president of software development.
Prior to joining Cimetrix he was vice president of software development for
Century Software, Inc., a global supplier of PC to UNIX connectivity software.
"A prime objective at this time is to upgrade our infrastructure in support of
anticipated growth and expansion," said Bob Reback, president and CEO. "We
believe strongly in our technology and that belief has been validated by
increased customer demand and strong industry reviews of our products.
Accordingly, we continue to invest in the talent and infrastructure necessary to
bring the most advanced factory automation solutions to the market. Vahdani
brings a wealth of expertise to his new position and Feaster has proven himself
an invaluable member of our executive team. We have great confidence in their
abilities to lead their respective departments to new levels of success."
About Cimetrix Incorporated
Cimetrix Incorporated, headquartered in Salt Lake City, Utah, is a leading
developer of software products for equipment connectivity and advanced motion
control. Connectivity products include CIM300, an award winning product family
for 300mm semiconductor tools and CIMConnect, a family of enabling
general-purpose connectivity solutions for 200mm tools and printed circuit board
equipment. Cimetrix's latest software offering, CIMPortal, targets new
e-manufacturing initiatives and is based on the Interface A equipment
communications standards from Semiconductor Equipment and Materials
International (SEMI). Motion control products include the Cimetrix Open
Development Environment (CODE) product family, which provides PC-based solutions
for motion intensive applications such as surface mount technology equipment,
electronics assembly equipment, robotics, and machine tools. For more
information, please visit www.cimetrix.com.
Forward-looking Statement Disclaimer: The matters discussed in this news release
include forward-looking statements made by the company's senior management
regarding the potential for increased customer demand for the company's
products, potential future growth in revenues and the company's ability to
profitably manage such potential growth, none of which is in the complete
control of the company and all of which involve risks and uncertainties
including but not limited to the response of the company's customers to existing
and new product offerings, the success of the company's customer service,
professional services and R&D departments, general and industry economic
conditions and demand, competitive conditions and developments, the technical
competitiveness of the company's products and other risks discussed more fully
in filings by the company with the Securities and Exchange Commission. Reference
is made to the company's most recent reports on Forms 10K and 10Q, which discuss
such risk factors in additional detail.
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