Ceradyne, Inc. Elects Renowned Oil and Gas Leader Dr. Siegfried Mussig to Its Board of Directors
September 02 2011 - 7:30AM
Marketwired
At a recent meeting of Ceradyne, Inc. (NASDAQ: CRDN) Board of
Directors, Dr. Siegfried Müssig was unanimously elected to its
Board of Directors and the company's Technology Committee.
Joel P. Moskowitz, Ceradyne's chairman and chief executive
officer, commented: "The appointment of Dr. Siegfried Müssig as a
member of the Ceradyne Board of Directors and a member of its
Technology Committee represents Ceradyne's continued focus on
becoming a global corporation with a concentration on the
development of advanced technical ceramic products for use in the
exploration and recovery of oil and gas. Prior to joining Ceradyne,
Dr. Müssig played a vital role in the PetroCeram® development. We
continue to be encouraged by the performance of our PetroCeram®
ceramic sand screen in the severe conditions in the North Sea for
both oil and gas recovery. Dr. Müssig's entire career has been
dedicated to solving technical issues related to economical
high-productivity wells worldwide. I am proud to have Dr. Müssig as
the newest member of the Ceradyne team."
Dr. Müssig holds a Diploma and a PhD in Physics and Physical
Chemistry from the University of Karlsruhe, Germany. Between 1982
and 2002, he held a number of technical and management positions at
BEB Erdgas and Erdöl GmbH, Hanover, Germany. In 2002, he joined
Shell Exploration and Production B.V., where he worked until 2005
as Smart Field Regional Coordinator for the Middle East and Africa
operating from The Hague, the Netherlands, followed by a position
as UGS Development Manager at Rohölaufsuchungs-Gesellschaft in
Vienna, Austria between 2006 and 2008. Since 2008, Dr. Müssig
worked as Manager, Well Technology for Maersk Oil, Copenhagen,
Denmark.
Dr. Müssig fills the vacancy due to the recent resignation of
Dr. Bill LaCourse for personal reasons.
About Ceradyne, Inc. Ceradyne develops,
manufactures, and markets advanced technical ceramic products and
components for defense, industrial, energy, automotive/diesel, and
commercial applications. In many high performance applications,
products made of advanced technical ceramics meet specifications
that similar products made of metals, plastics or traditional
ceramics cannot achieve. Advanced technical ceramics can withstand
extremely high temperatures, combine hardness with light weight,
are highly resistant to corrosion and wear, and often have
excellent electrical capabilities, special electronic properties
and low friction characteristics. Additional information about the
Company can be found at http://www.ceradyne.com.
Forward-Looking Statements Except for the
historical information contained herein, this press 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 Annual Report on Form
10-K for the fiscal year ended December 31, 2010 and its Quarterly
Reports on Form 10-Q as filed with the U.S. Securities and Exchange
Commission.
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