AURORA, Ill.--(BUSINESS WIRE)--Aug. 4, 2004--Cabot
Microelectronics Corp. (Nasdaq:CCMP), the leading supplier of chemical
mechanical planarization (CMP) slurries to the semiconductor industry,
announced today the appointment of Jean Pol Delrue to the position of
Vice President, European Business Region. Mr. Delrue will report
directly to William P. Noglows, Cabot Microelectronics' Chairman and
Chief Executive Officer.
Mr. Delrue joined Cabot Microelectronics in 2001 as the European
Business Manager and has led the company's business initiatives in the
European region, including developing and implementing regional
business strategies, as well as managing customer and distributor
relationships.
"Jean Pol has provided Cabot Microelectronics with sound business
leadership combined with a strong customer and market focused
management approach, and has assisted in achieving our objectives in
Europe," stated Mr. Noglows. "He has over 23 years of global
experience in the semiconductor industry and significant expertise in
the semiconductor capital equipment business. His proven experience
has been critical to our growth in Europe and will continue to play a
pivotal role in our company's success."
"Having worked with Cabot Microelectronics for three years, I am
very pleased to accept the position of Vice President, European
Business Region," stated Mr. Delrue. "I'm very excited about the
future potential of Cabot Microelectronics as the technology leader in
the field of CMP slurries. I am looking forward to building on our
strong customer relationships in the European region and continuing to
anticipate our customers' needs."
Prior to joining Cabot Microelectronics, Mr. Delrue worked at
Ebara Precision Machinery Europe, serving as the Vice President for
CMP equipment. He also served as the Business and Technical
Development Director and Member of the Management Board at Riber
Group, a supplier of molecular beam epitaxial products and services to
the compound semiconductor industry.
Mr. Delrue holds an Executive Masters in Business Administration
from the Centre de Perfectionnement des Affaires in Paris, France, a
post doctorate degree in chemical engineering from Stanford University
and a Ph.D. in physical chemistry from Belgium's University of Mons.
About Cabot Microelectronics
Cabot Microelectronics Corporation, headquartered in Aurora,
Illinois, is the leading supplier of CMP slurries for polishing
various materials used in semiconductor manufacturing processes. The
company's products play a critical role in the production of the most
advanced semiconductor devices, enabling the manufacture of smaller,
faster and more complex devices by its customers. For more information
about Cabot Microelectronics Corporation, visit www.cabotcmp.com or
contact Mr. David H. Li, Director of Investor Relations at (630)
499-2600.
Safe Harbor Statement
This news release may include statements that constitute
"forward-looking statements" within the meaning of federal securities
regulations. These forward-looking statements include statements
related to future sales and operating results, company and industry
growth and trends, growth of this market, international events,
product performance, new product introductions and development of new
products and technologies by Cabot Microelectronics. These
forward-looking statements involve a number of risks, uncertainties,
and other factors, including those described from time to time in
Cabot Microelectronics' filings with the Securities and Exchange
Commission (SEC), that could cause actual results to differ materially
from those described by these forward-looking statements. In
particular, see "Risks Relating to Our Business" in Management's
Discussion and Analysis in our quarterly report on Form 10-Q for the
quarter ended March 31, 2004, and our Annual Report on Form 10-K for
the fiscal year ended September 30, 2003, both filed with the SEC.
Cabot Microelectronics Corporation assumes no obligation to update
this forward-looking information.
CONTACT: Cabot Microelectronics Corporation
David H. Li (Investor Relations), 630-499-2600
SOURCE: Cabot Microelectronics Corporation