Press Release

November 23, 2009

Voltaix Announces Management Transition:
Mark K. Fine Appointed Interim CEO
Effective January 1, 2010

Branchburg, NJ – Voltaix, a leading provider of materials that enhance the performance of semiconductor chips and solar cells, today announced that Mark K. Fine will become interim Chief Executive Officer, effective January 1, 2010. In connection with this appointment, Voltaix’s founder, Dr. John P. de Neufville, 69, will step down as Chief Executive Officer and will continue to serve as President, Chief Scientist and Chairman of the company’s Executive Committee. Voltaix also announced that Matthew Stephens, who has been Chief Operating Officer since 2003, is leaving the company to become Chief Operating Officer of Metem Corporation, a Parsippany, NJ developer of turbine technologies for aerospace and power applications.

“Mark Fine has been a trusted advisor to Voltaix and a member of our Executive Committee for three years,” said John de Neufville. “Mark’s extensive track record in semiconductor materials and outstanding management background will provide a solid base of experience as we work to broaden our market opportunities and expano product and technology offerings.”

Fine, 49, has over 20 years experience in the semiconductor and specialty chemicals industries. He previously served as President of Epichem, Inc., today a division of Sigma Aldrich Corporation. From 1986 thru 1996 he was an executive with Air Products and Chemicals, where he served in a variety of positions including OEM Market Manager of the Electronics Division, Marketing Manager of the Specialty Gas Division, and Business Manager for Compound Semiconductors. Mr. Fine attended Drexel University where he received a BS in Commerce and Engineering.

Voltaix director Reidar Langmo commented that, “The executive management team, led by incoming CEO Mark Fine, Executive Vice President Dr. Mark Wilkinson, and of course John de Neufville, positions Voltaix to execute on technical and strategic initiatives in several high growth markets, including compound semiconductors, thin film photovoltaics and solid state lighting.”

Wilkinson, 46, joined Voltaix in 2005 and currently heads all manufacturing, engineering, process development and facilities operations. He previously served as Director of Research, Development and Plant Support at Molten Metals Corp. and Vice President of Research, Development and Operations at InfiMed, Inc.

“Voltaix has been steadily expanding our leadership team, and senior managers such as Mike Pikulin, Greg Muhr and Dr. Jay Song will also play a key role in the transition process,” said de Neufville. “We believe this management transition will fuel the next phase of our growth by allowing Voltaix to capitalize on exceptional strategic opportunities in semiconductor and solar markets. Matt Stephens will also remain involved and will serve on the company’s Advisory Board for two years to assist with roadmap development and our leadership transition.”

Voltaix was recently named to Deloitte’s Fast 500. Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

About Voltaix
Voltaix is the world’s leading producer of germane, diborane, trisilane, and trimethyl boron specialty chemicals that enhance the performance and manufacturability of semiconductors and photovoltaics. Voltaix chemicals enable logic chips to compute more quickly and solar cells to absorb a broader portion of the solar spectrum, and they improve manufacturability by minimizing defect formation and increasing machine throughput.

Utilizing exceptional expertise in silicon, germanium and boron chemistry, our products are custom designed for the most demanding applications, including:
  • Advanced DRAM computer memory
  • Silicon Germanium (SiGe) transistors for wireless communications chips
  • Strained silicon for high speed logic computer chips (CPUs)
  • Copper enabling low K dielectrics for computer chips
  • High efficiency thin film silicon solar cells
We use proprietary synthesis, purification, and packaging technology developed in house. We also design and build our own equipment for use in our manufacturing operations. The company, founded in 1986 and privately held, currently employs approximately 100 people at its sites in North Branch, NJ and High Springs, FL. Voltaix investors include Intel Capital and Novus Energy Partners.

For more info
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