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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): AUGUST 15, 1997
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IBIS TECHNOLOGY CORPORATION
(Exact name of registrant as specified in its charter)
MASSACHUSETTS 0-23668 04-2987600
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
32 CHERRY HILL DRIVE, DANVERS, MASSACHUSETTS 01923
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 777-4247
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Item 5. Other Events.
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On August 15, 1997, the Registrant publicly disseminated a press release
announcing the appointment of Robert L. Gable to its Board of Directors. Mr.
Gable is Chairman and Chief Executive Officer of Unitrode Corporation
("Unitrode"). Prior to joining Unitrode, Mr. Gable was President and Chief
Executive Officer of Computervision Corporation. The information contained in
the press release is incorporated herein by reference and filed as Exhibit 99.1
hereto.
Item 7. Financial Statements And Exhibits.
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(c) Exhibit.
99.1 The Registrant's Press Release dated August 15, 1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
IBIS TECHNOLOGY CORPORATION
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(Registrant)
/s/ Timothy Burns
Date: August 18, 1997 ---------------------------
Timothy Burns
Chief Financial Officer
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EXHIBIT INDEX
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Exhibit Sequential
Number Description Page Number
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99.1 The Registrant's Press Release 5
dated August 15, 1997
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[IBIS LETTERHEAD]
CONTACT:
Timothy Burns John P. Kehoe/Van Negris
Ibis Technology Corporation Kehoe, White, Savage & Company, Inc.
(508) 777-4247 (212) 888-1616
FOR IMMEDIATE RELEASE
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IBIS TECHNOLOGY CORPORATION APPOINTS ROBERT L. GABLE
TO ITS BOARD OF DIRECTORS
DANVERS, MA - August 15, 1997 - Ibis Technology Corporation (NASDAQ: IBIS), the
leading supplier of SIMOX-SOI (Separation by Implementation of
Oxygen/Silicon-on-Insulator) wafers to the semiconductor industry, today
announced the appointment of Robert L. Gable to its Board of Directors.
Mr. Gable is Chairman and Chief Executive Officer of Unitrode Corporation (NYSE:
UTR) ("Unitrode"), a semiconductor integrated circuit manufacturer. Prior to
joining Unitrode, he was President and Chief Executive Officer of Computervision
Corporation, a New York Stock Exchange CAD/CAM Manufacturer. Mr. Gable had also
previously held several executive positions of Kidde, Inc., a major
conglomerate. He also is a Director and Trustee of several business, cultural
and charitable organizations.
Dr. Geoffrey Ryding, President and Chief Executive Officer of Ibis Technology
Corporation stated: "The addition of Bob Gable's business experience in the
semiconductor industry provides our Board of Directors with an excellent
business and operational perspective to compliment the existing technology and
strategic capabilities of the members of our Board. We are pleased to welcome
him to our team and are grateful for his commitment to Ibis."
Ibis Technology Corporation is an advanced materials company which supplies
SIMOX-SOI wafers to the semiconductor industry. SIMOX-SOI wafers are
silicon-on-insulator wafers which enable the production of integrated circuits
with significant advantages over circuits constructed on bulk silicon or
epitaxial wafers. The Company produces SIMOX-SOI wafers on advanced proprietary
Ibis 1000 oxygen implantation equipment, utilizing proprietary processing
technologies which the Company believes will enable it to produce SIMOX-SOI
wafers for demanding high volume commercial applications.
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Ibis Technology Corporation 32A Cherry Hill Drive Danvers, MA 01923
Telephone (508) 777-4247 or (508) 777-IBIS FAX (508) 777-6570
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