Ceradyne, Inc. Appoints Dr. Thomas Juengling Chief Technology Officer; New Position to Coordinate R&D in U.S., Germany; Expand M
January 06 2006 - 7:30AM
Business Wire
Ceradyne, Inc. (Company) (Nasdaq:CRDN) appointed Dr. Thomas
Juengling to the newly created position of Chief Technology
Officer. Included in the duties of this position will be the
coordination of the research and development efforts in North
America and at Ceradyne ESK Ceramics' R&D laboratories in
Germany. Although Dr. Juengling will coordinate all Ceradyne
R&D efforts, the direct reporting organization in Germany will
remain unchanged. Juengling spent eight years at ESK Ceramics in a
number of technical management positions and holds a Ph.D. in
engineering and materials science from the University of Karlsruhe.
Juengling has relocated from Germany to accept this new position at
Ceradyne's corporate headquarters in Costa Mesa, California. Joel
P. Moskowitz, Ceradyne chief executive officer, commented: "I am
extremely pleased that Thomas has accepted the position of Chief
Technology Officer. He is an accomplished technology manager and is
respected on both sides of the Atlantic. Ceradyne's R&D will be
market and product focused with the goal of introducing new and/or
improved advanced technical ceramic products in order to allow the
Company to meet its strategic objectives of balanced growth in
commercial and defense markets on an international scale." Mr.
Moskowitz further commented: "I am very proud of the Company's long
time R&D efforts here in the U.S. as well as in Germany where
the portfolio of patents and depth of ESK's R&D has become
increasingly evident since Ceradyne's acquisition of ESK Ceramics
in August 2004. Of particular interest and focus will be the areas
of non-reacting ceramics for use in the severe environment of
molten aluminum and the ability to join ceramic-to-ceramic
resulting in extremely complicated structures for use as heat
exchangers in chemical micro reactors and in hydraulic surge
valves." Ceradyne develops, manufactures, and markets advanced
technical ceramic products and components for defense, industrial,
automotive/diesel, and commercial applications. Additional
information about the Company can be found at www.ceradyne.com.
Except for the historical information contained herein, this news
release contains forward-looking statements regarding future events
and the future performance of Ceradyne that involve risks and
uncertainties that could cause actual results to differ materially
from those projected. Words such as "anticipates," "believes,"
"plans," "expects," "intends," "future," and similar expressions
are intended to identify forward-looking statements. These risks
and uncertainties are described in the Company's supplemental
prospectuses, dated December 13, 2005, as filed with the U.S.
Securities and Exchange Commission, and the documents included or
incorporated by reference therein.
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