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Maskless Lithography Strengthens Management Team – Announces The Addition of Two Senior Executives

SAN JOSE, Calif., June 2, 2011 – Maskless Lithography, a leading supplier of direct-write, digital imaging (DI) systems to the global printed circuit board industry (PCB) announced the appointment of two senior executives to its management team. Former Foxconn executive Richard Chenoweth was named Vice President of Global Sales and Marketing, and former Sanmina-SCI executive William Pappani was named Chief Financial Officer.

The two new senior PCB industry executives will support the growing adoption of the company’s innovative DI products. With an industry best cost-of-ownership and superior gray level imaging (GLI) technology, Maskless’ award-winning, digital imaging technology is fast becoming the digital lithography of choice for the PCB industry as it moves away from contact printing, at 50-micron feature sizes.

“We are very pleased to welcome both Bill and Rich to our management team,” said Dr. William Elder, President and Chief Executive Officer of Maskless Lithography. “The response by our customers to the new DI systems has been exceptionally positive. With demand accelerating, adding two seasoned PCB industry executives clearly strengthens our team as we deploy our new systems and support our expanding customer base throughout Asia and North America.”

Chenoweth has a wealth of PCB industry knowledge both in North America and throughout Asia, particularly China. He has held senior management positions at Foxconn, GBM, Flextronics and Sanmina-SCI. He has built successful global sales organizations, driving strategy and exceeding top-line growth goals. He graduated from the University if Michigan, Ann Arbor with a BFA, in graphics and industrial design.

Pappani joined Maskless from Sanmina-SCI where he served as Vice President of Finance and Controller for the company’s PCB Division. He drove efforts to expand the global footprint of Sanmina, implemented a successful global integration strategy, and led gross-margin improvements at Sanmina. He has traveled extensively throughout China, Malaysia and Singapore. He earned an MBA from the International University of Japan and a Bachelor’s of Science with honors in Business Administration from San Jose State University.

About Maskless Lithography

Maskless Lithography designs and manufactures direct-write, digital imaging lithography equipment for high-yield PCB manufacturing. The global PCB industry is transitioning from conventional contact printing to digital lithography beyond 50-micron feature sizes. As it does, Maskless’ new direct-write, digital imaging solutions continue to gain traction with superior technology, and an industry best cost-of-ownership. By achieving twice the throughput of competing digital technologies like LDI, with much less support costs; it is fast becoming the digital lithography of choice for PCB makers worldwide. Headquartered in San Jose, California, the company has operations throughout Asia, and North America. For more information visit www.maskless.com

Company Contact:

Irene Dunlop, Maskless Lithography, idunlop@maskless.com, 408.433.1861

Agency Contact:

Stewart Chalmers, Coolhead Group, Inc. stew@coolheadgroup.com, Mobile: 818.681.3588; Office: 1-855-TRY-COOL.