PRI Automation Appoints R. Brad Lawrence to Lead Factory Systems Division

Apr 12, 2001, 01:00 ET from PRI Automation, Inc.

    BILLERICA, Mass., April 12 /PRNewswire/ --PRI Automation, Inc.
 (Nasdaq: PRIA), a global leader in semiconductor factory automation systems,
 software, and services, today announced the appointment of R. Brad Lawrence as
 vice president and general manager of the company's Factory Systems Division.
 Mr. Lawrence, a former Rockwell International senior executive, will report to
 Mitch Tyson, PRI's president and chief executive officer.
     "Brad brings thirty years of sales and marketing, manufacturing
 operations, and general management experience to PRI, working with complex
 products used in highly technical environments," said Mitch Tyson president
 and CEO of PRI Automation.  "He will lead the continuing turnaround of the
 Factory Systems Division so that we will be prepared to meet the needs of our
 customers when the next industry upturn comes.  I look forward to the
 contributions he will make in helping us take the company to the next level."
     "PRI has established itself as a leader in semiconductor factory
 automation and I am excited to become part of the team," said Brad Lawrence.
 "My goal is to help the company fulfill its potential in becoming the
 automation solution of choice and to ensure that we are prepared to meet the
 demands for higher levels of automation as the industry continues its
 transition to 300mm manufacturing."
     Mr. Lawrence has held a variety of senior-level management positions
 including 20 years at Rockwell International Corporation where he was vice
 president and general manager, Gas Products Division.  Mr. Lawrence joins PRI
 from Flow International Corporation, a leader in ultra high-pressure
 technology, where he was executive vice president and COO.  He holds a BS
 degree in Business Administration from Pennsylvania State University and an
 MBA from the University of Pittsburgh.
 
     About PRI Automation
     PRI Automation, Inc., headquartered in Billerica, Massachusetts, is a
 leading global supplier of advanced factory automation systems, software, and
 services that optimize the productivity of semiconductor and precision
 electronics manufacturers as well as OEM process tool manufacturers. PRI is
 the only company to provide a tightly integrated and flexible hardware and
 software solution that optimizes the flow of products, data, materials and
 resources throughout the production chain. The company has thousands of
 systems installed at approximately one hundred locations throughout the world.
 For more information visit PRI online at www.pria.com.
 
     Safe Harbor Statement
     This release includes forward-looking statements, including, without
 limitation, statements relating to the expected benefits of PRI Automation
 products and management's plans for future operations. These forward-looking
 statements are subject to risks and uncertainties that could cause actual
 results to differ materially from those expressed or implied by such
 statements.  Such risks and uncertainties include; (i) the manner in which the
 customer uses the products and integrates them with other third party
 components; (ii) the ability of the company to continue to successfully
 develop and market new products and product enhancements on a timely basis;
 (iii) the cyclicality of the semiconductor industry and the rapid
 technological change that characterizes the industry in which the Company
 competes; (iv) uncertainties affecting global markets and currencies, the
 effects of possible delays by semiconductor manufacturers in the adoption of
 300 mm wafer manufacturing and other new technologies, (v) changes in our
 product sales mix; (vi) competitive factors, such as introduction of new
 products or technologies by our competitors, and pricing pressures; (vii) the
 possible impact of any mergers and acquisitions activity by the company and
 our ability to successfully integrate and operate any acquired businesses;
 (viii) business and economic conditions affecting the semiconductor
 manufacturing equipment industry generally; (ix) and other factors identified
 in our registration statement on Form S-3, file number 333-34584, as filed
 with the Securities and Exchange Commission on April 12, 2000 and amended
 thereafter.  We assume no obligation to update any forward-looking information
 contained in this release.
 
      Media Contact:
      Michael J. Greeley
      Stauch Vetromile & Mitchell
      401-438-0614
      michaelg@svmmarcom.com
 
      PRI Contact:
      Jeffrey Nestel-Patt
      PRI Automation
      978-670-4270 ext. 3161
      jnestel-patt@pria.com
 
 

SOURCE PRI Automation, Inc.
    BILLERICA, Mass., April 12 /PRNewswire/ --PRI Automation, Inc.
 (Nasdaq: PRIA), a global leader in semiconductor factory automation systems,
 software, and services, today announced the appointment of R. Brad Lawrence as
 vice president and general manager of the company's Factory Systems Division.
 Mr. Lawrence, a former Rockwell International senior executive, will report to
 Mitch Tyson, PRI's president and chief executive officer.
     "Brad brings thirty years of sales and marketing, manufacturing
 operations, and general management experience to PRI, working with complex
 products used in highly technical environments," said Mitch Tyson president
 and CEO of PRI Automation.  "He will lead the continuing turnaround of the
 Factory Systems Division so that we will be prepared to meet the needs of our
 customers when the next industry upturn comes.  I look forward to the
 contributions he will make in helping us take the company to the next level."
     "PRI has established itself as a leader in semiconductor factory
 automation and I am excited to become part of the team," said Brad Lawrence.
 "My goal is to help the company fulfill its potential in becoming the
 automation solution of choice and to ensure that we are prepared to meet the
 demands for higher levels of automation as the industry continues its
 transition to 300mm manufacturing."
     Mr. Lawrence has held a variety of senior-level management positions
 including 20 years at Rockwell International Corporation where he was vice
 president and general manager, Gas Products Division.  Mr. Lawrence joins PRI
 from Flow International Corporation, a leader in ultra high-pressure
 technology, where he was executive vice president and COO.  He holds a BS
 degree in Business Administration from Pennsylvania State University and an
 MBA from the University of Pittsburgh.
 
     About PRI Automation
     PRI Automation, Inc., headquartered in Billerica, Massachusetts, is a
 leading global supplier of advanced factory automation systems, software, and
 services that optimize the productivity of semiconductor and precision
 electronics manufacturers as well as OEM process tool manufacturers. PRI is
 the only company to provide a tightly integrated and flexible hardware and
 software solution that optimizes the flow of products, data, materials and
 resources throughout the production chain. The company has thousands of
 systems installed at approximately one hundred locations throughout the world.
 For more information visit PRI online at www.pria.com.
 
     Safe Harbor Statement
     This release includes forward-looking statements, including, without
 limitation, statements relating to the expected benefits of PRI Automation
 products and management's plans for future operations. These forward-looking
 statements are subject to risks and uncertainties that could cause actual
 results to differ materially from those expressed or implied by such
 statements.  Such risks and uncertainties include; (i) the manner in which the
 customer uses the products and integrates them with other third party
 components; (ii) the ability of the company to continue to successfully
 develop and market new products and product enhancements on a timely basis;
 (iii) the cyclicality of the semiconductor industry and the rapid
 technological change that characterizes the industry in which the Company
 competes; (iv) uncertainties affecting global markets and currencies, the
 effects of possible delays by semiconductor manufacturers in the adoption of
 300 mm wafer manufacturing and other new technologies, (v) changes in our
 product sales mix; (vi) competitive factors, such as introduction of new
 products or technologies by our competitors, and pricing pressures; (vii) the
 possible impact of any mergers and acquisitions activity by the company and
 our ability to successfully integrate and operate any acquired businesses;
 (viii) business and economic conditions affecting the semiconductor
 manufacturing equipment industry generally; (ix) and other factors identified
 in our registration statement on Form S-3, file number 333-34584, as filed
 with the Securities and Exchange Commission on April 12, 2000 and amended
 thereafter.  We assume no obligation to update any forward-looking information
 contained in this release.
 
      Media Contact:
      Michael J. Greeley
      Stauch Vetromile & Mitchell
      401-438-0614
      michaelg@svmmarcom.com
 
      PRI Contact:
      Jeffrey Nestel-Patt
      PRI Automation
      978-670-4270 ext. 3161
      jnestel-patt@pria.com
 
 SOURCE  PRI Automation, Inc.