Atherton Joins Board of C2V

Jan. 28, 2003
Enschede, The Netherlands, January 28, 2003. Concept to Volume BV (C2V), a provider of MEMS and software products, has announced that Professor Paul Atherton has become a shareholder in the company and has assumed an active position on the supervisory board.

Enschede, The Netherlands, January 28, 2003. Concept to Volume BV (C2V), a provider of MEMS and software products, has announced that Professor Paul Atherton has become a shareholder in the company and has assumed an active position on the supervisory board.

Dr Job Elders, CEO and President of C2V commented: "We are extremely pleased that Paul Atherton is joining C2V as an active board member and shareholder. Paul brings a wealth of experience, expertise and a wide professional network, which will assist us accelerate our growth in the future. Paul will play a key supportive role as we execute our strategy, which involves further developing innovative MEMS based products for our widening OEM customer base.

Professor Atherton: "C2V's business model is extremely attractive since C2V has the technology and product development platform to reduce the entry barriers for advanced and new functional products. C2V has unprecedented capability to transform an academic oddity into a commercial reality, and I see C2V strengthening its position as an OEM supplier in high growth markets. In addition, I have great confidence in the experienced management under the guidance of Job Elders. We will jointly continue to build a company which will consolidate its global position and which will capitalize on the growth of products based on MEMS technology. I look forward to closely interacting with the management and in strengthening the focus on high growth rate areas and business development activities."

Professor Atherton co-founded Queensgate Instruments whilst still a graduate student and served as Managing Director from 1986 until its sale in March 2000. Prior to this he followed his PhD in physics and post-doctoral work at Imperial College, with a staff appointment at the University of Groningen, Netherlands. He has an MBA from the London Business School (1989).

C2V offers customized solutions for OEM products from Concept to Volume production. C2V has in house MEMS manufacturing capabilities and a design team active in telecom components (serving Alcatel Optronics), security devices, process control and medical applications.

C2V emerged as the result of a management buy-out of Alcatel Optronics Netherlands. C2V unites a unique combination of competencies based on the skill-sets of the world's first software and design services company in integrated optics, BBV (1992), and MEMS-engineering based on the first ISO 9001 certified micro system product supplier, TMP (1995). C2V is independently owned and financially backed by Greenfield Capital Partners.

For more information, visit www.c2v.nl .

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