Laser Photonics Welcomes Director With Expertise in Laser System Development for Pharmaceutical and Other Industries
August 29 2024 - 9:00AM
Business Wire
Tim Miller, Founder of Control Micro
Systems, Joins LPC’s Board of Directors
Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading
global developer of industrial laser systems for cleaning and other
material processing applications, announced today that Tim Miller
has been appointed to its board of directors, effective August 23,
2024. He will also serve as Chairman of LPC’s Compensation
Committee.
Miller brings a wealth of expertise in laser systems for
material processing to LPC’s board. Since 1983, he headed Control
Micro Systems, Inc. (CMS), establishing it as a leading provider of
turnkey laser systems for solving unique material processing
challenges in manufacturing. CMS was a pioneer in software controls
development for laser machines that covered a wide range of
laser-based manufacturing processes, including marking, cutting,
drilling, and welding. The company was also known for designing and
building complete industrial laser systems for a broad range of
industries, including the pharmaceutical sector.
“I’m pleased to welcome Tim to the board of Laser Photonics,”
said Wayne Tupuola, CEO of Laser Photonics. “His vast expertise and
the experience he has gained on his journey from founding Control
Micro Systems to its successful sale makes him a valuable addition
to the board of Directors. We are confident his experience will
help us grow in existing markets and establish a presence in new
sectors.”
Under Miller’s leadership, Control Micro Systems held four
patents granted by the USPTO in aspects of laser manufacturing. By
the time of the company’s sale for over $10 million in 2019 to 600
Group PLLC, a company that until April 2024 was listed on the AIM
market of the London Stock Exchange, CMS had grown, without any
third-party financing, to over 55 employees with annual revenues
over $10 million. Miller holds a Bachelor of Science in computer
science from the University of Central Florida.
Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” (within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended), including statements regarding the Company’s plans,
prospects, potential results and use of proceeds. These statements
are based on current expectations as of the date of this press
release and involve several risks and uncertainties, which may
cause results and uses of proceeds to differ materially from those
indicated by these forward-looking statements. These risks include,
without limitation, those described under the caption “Risk
Factors” in the Registration Statement. Any reader of this press
release is cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The Company undertakes no obligation to revise or
update any forward-looking statements to reflect events or
circumstances after the date of this press release except as
required by applicable laws or regulations.
About Laser Photonics Corporation
Laser Photonics is a vertically integrated manufacturer and
R&D Center of Excellence for industrial laser technologies and
systems. LPC seeks to disrupt the $46 billion, centuries old, sand
and abrasives blasting markets, focusing on surface cleaning, rust
removal, corrosion control, de-painting and other laser-based
industrial applications. LPC’s new generation of leading-edge laser
blasting technologies and equipment also addresses the numerous
health, safety, environmental, and regulatory issues associated
with the old methods. As a result, LPC has quickly gained a
reputation as an industry leader for industrial laser systems with
a brand that stands for quality, technology and product innovation.
Currently, world-renowned and Fortune 1000 manufacturers in the
aerospace, automotive, defense, energy, maritime, nuclear and space
industries are using Laser Photonics’ “unique-to-industry” systems.
For more information, visit https://www.laserphotonics.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240829708231/en/
Investor Relations Contact: laser@haydenir.com
Contact: Karla Kizzort Laser Photonics Corporation
kkizzort@laserphotonics.com
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