EMCORE Corporation Announces Appointment of Steven R. Becker, Stephen Domenik
and Gerald Fine to Its Board of Directors
ALBUQUERQUE, N.M., Dec. 4, 2013 (GLOBE NEWSWIRE) -- EMCORE Corporation
(Nasdaq:EMKR), a leading provider of compound semiconductor-based components
and subsystems for the fiber optics and solar power markets, announced today
that it has reached a settlement agreement with Becker Drapkin Management,
L.P. and its affiliated funds. As a result, Steven R. Becker, Stephen Domenik
and Gerald Fine have been appointed to its board of directors, effective
December 9, 2013.
Mr. Becker has been a partner at Becker Drapkin Management since 2004. Mr.
Becker currently serves on the Board of Tuesday Morning (Nasdaq:TUES), a
national close-out retailer, Pixelworks, Inc., (Nasdaq:PXLW), a semiconductor
company, and Special Diversified Opportunities (Nasdaq:SDOI). Mr. Becker
previously served on the board of directors of Plato Learning, Inc., a
provider of education services and training, Ruby Tuesday, Inc., the operator
of a chain of casual dining restaurants, and Hot Topic, Inc., a national
retailer. Mr. Becker holds a B.A. from Middlebury College and a J.D. from the
University of Florida.
Mr. Domenik has been a General Partner with Sevin Rosen Funds, a venture
capital firm, since 1995. Mr. Domenik was appointed to the Board of Directors
of MoSys, Inc. (Nasdaq:MOSY) in June 2012, a publicly traded IP-rich fabless
semiconductor company, and currently sits on the boards of various private
companies. Mr. Domenik previously served on the Board of Directors of NetLogic
Microsystems, Inc., a publicly traded fabless semiconductor company, from
January 2001 until it was acquired by Broadcom Corporation in February 2012.
During his tenure at Sevin Rosen Funds, Mr. Domenik led numerous investments
in private companies. Mr. Domenik holds a B.S. in Physics and M.S.E.E. from
the University of California at Berkeley.
Mr. Fine has been a Professor of Practice and Director at the Engineering
Innovation Center of Boston University since 2012. From 2008 to 2011, Mr. Fine
was President and CEO of Schott North America and led operations of all Schott
AG businesses in North America, including solar, pharmaceutical packaging,
electronic packaging, and lighting and imaging and advanced materials. Mr.
Fine also served as Executive Vice President, Photonic Technologies for
Corning Incorporated. Mr. Fine previously served on the Board of Directors of
CyOptics, Inc. a semiconductor laser manufacturer for telecom applications,
Crystal IS, Inc., a UV LED substrate manufacturer, Kotura, Inc., a provider of
silicon components for datacom and telecom, and Pixtronix, Inc. a provider of
low-cost displays for portable devices. Mr. Fine holds a B.A. from Amherst
College and Ph.D from California Institute of Technology.
EMCORE Corporation offers a broad portfolio of compound semiconductor- based
products for the broadband, fiber optics, satellite and solar power markets.
EMCORE's Fiber Optic segment offers optical components, subsystems and systems
for high-speed data and telecommunications networks, cable television (CATV)
and fiber-to-the-premise (FTTP), as well as specialty photonics technologies
for defense and homeland security applications. EMCORE's Photovoltaic segment
provides products for both satellite and terrestrial applications. For
satellite applications, EMCORE offers high-efficiency Gallium Arsenide (GaAs)
solar cells, Covered Interconnect Cells (CICs) and panels. For terrestrial
applications, EMCORE is adapting its high-efficiency GaAs solar cells for use
in solar concentrator systems. For further information about EMCORE, visit
CONTACT: EMCORE Corporation
Chief Financial Officer
EMCORE Corporation Logo
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