CREDENCE SYSTEMS CORP
8-K, 1999-09-16
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS
Previous: TELEPAD CORP, 8-K, 1999-09-16
Next: CHANCELLOR GROUP INC/, 8-K, 1999-09-16





                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                 ---------------
                                    FORM 8-K
                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                               September 14, 1999
                Date of Report (Date of earliest event reported)



                          CREDENCE SYSTEMS CORPORATION
               (Exact name of registrant as specified in charter)



       Delaware                          0-22366               94-2878499
(State or other jurisdiction )    (Commission File Number)    (IRS Employer
    of incorporation)                                       Identification No.)




       215 Fourier Avenue, Fremont, California      94539
      (Address of principal executive offices)     (Zip Code)



Registrant's telephone number, including area code   (510) 657-7400



                                                         N/A
                          (Former name or former address,  if changed since last
report.)


<PAGE>


Item 5.           Other Events

On September 14, 1999,  the  Registrant  issued a press release  announcing  the
appointment  of Jon D.  Tompkins to the Credence  Systems  Corporation  Board of
Directors.

Item 6.           Exhibits

A copy of the  Registrant's  press release  announcing the appointment of Jon D.
Tompkins to the  Credence  Systems  Corporation  Board of  Directors is attached
hereto as Exhibit 99.1 and incorporated herein by reference.




                                    SIGNATURE

         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.


                                    CREDENCE SYSTEMS CORPORATION
                                    (Registrant)

Date:  September 14, 1999             By  /s/ Dennis P. Wolf
                                      Name:    Dennis P. Wolf
                                      Title:   Chief Financial Officer



<PAGE>


                                  EXHIBIT INDEX


Exhibit
Number


99.1     Press   Release   disseminated   September   14,  1999   regarding  the
         Registrant's  announcement  about the appointment of Jon D. Tompkins to
         the Credence Systems Corporation Board of Directors.





<PAGE>


Credence Appoints KLA-Tencor's Jon Tompkins to its Board

Page 3





                                    - MORE -


<PAGE>


FOR IMMEDIATE RELEASE
                                                                 News Release


Agency Contact:                             Company Contact:
Bruce Bedortha                              Connie Graybeal
The Loomis Group                            Credence Systems Corporation
415.882.9494 or 415.882.7209 fax            510.623.4774 or 510.623.2524 fax
E-mail: [email protected]               E-mail: [email protected]


              CREDENCE STRENGTHENS ITS BOARD OF DIRECTORS WITH THE
                    APPOINTMENT KLA-TENCOR'S JON D. TOMPKINS

         FREMONT,  Calif.,  September 14, 1999 -- Credence  Systems  Corporation
(Nasdaq: CMOS), a leading manufacturer of automatic test equipment (ATE) for the
worldwide  semiconductor  industry,  today  announced the  appointment of Jon D.
Tompkins, 59, to its board of directors.  The addition of Tompkins increases the
size of Credence's  board from five to six members and again teams Tompkins with
Dr. Graham Siddall,  Credence's  president,  chief  executive  officer and board
member.
         According  to Dr.  William  Howard,  Credence's  chairman of the board,
Tompkins' extensive  experience in growing companies is an important addition to
Credence's board. "Jon's successful track record in internal product development
and  leadership  in the merger of KLA  Instruments  and Tencor  Instruments--the
largest  merger in the  semiconductor  equipment  industry at the  time--will be
invaluable to Credence's plans for growth," noted Dr. Howard.  "Jon's experience
in the semiconductor capital equipment is a welcome addition to Credence's board
as the company continues to grow."
         "I'm very pleased to join Credence's  board at this important  juncture
in the company's  business  development,"  said Tompkins.  "Credence's  focus on
economics brings to the back-end what KLA-Tencor  brings to the front-end of the
semiconductor capital equipment industry."
         Commenting on Tompkins'  selection to the board, Dr. Siddall said, "Jon
was an obvious choice. His first-hand  knowledge in preparing  companies to make
difficult   transitions  in  growth  and  product   development  will  certainly
strengthen Credence's board of directors."
         Tompkins  has been  with  KLA-Tencor  Corp.  (Nasdaq:KLAC)  and  Tencor
Instruments since 1991 variously as chairman, president and CEO and continues to
serve as a board member of  KLA-Tencor.  Prior to Tencor  Instruments,  Tompkins
served as president and CEO of Spectra-Physics, a leader in the commercial laser
market. He serves on the corporate boards for Cymer,  Inc.;  Electro  Scientific
Industries, Inc.; and LogicVision, Inc.
         Tompkins holds a BSEE from the University of Washington and an MBA from
Stanford University.

About Credence
         Credence  Systems  Corporation  is  a  leader  in  the  manufacture  of
automatic  test  equipment  (ATE)  for  the  worldwide  semiconductor  industry.
Credence  offers a wide range of products  with test  capabilities  for digital,
mixed-signals,   and  memory   semiconductors.   Utilizing   its  patented  CMOS
technologies,  Credence products are designed to meet the strict  time-to-market
and cost-of-ownership requirements of its customers.
         Headquartered in Fremont,  California,  the company maintains  advanced
production and design  facilities in Hillsboro,  Oregon.  Credence,  an ISO 9001
certified manufacturer, is listed on the Nasdaq National Market under the symbol
CMOS. More information is available at http://www.credence.com.
                                  # # #
Credence and Credence  Systems are trademarks of Credence  Systems  Corporation.
Other  trademarks  that may be mentioned  in this  release are the  intellectual
property of their respective owners.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission