New CEO and President for COREwafer Industries Inc
June 24 2013 - 8:31AM
OTC Markets
Cyril Moreau
Named Group CEO and President
(New York, June 24th 2013) COREwafer
Industries, Inc.,
company
that
creates proprietary software, software algorithms, and hardware
that is used in the testing and data mining of the most commonly
used computer
hard drives, memory, and magnetics,
today
announced action that will fuel the firm?s continued growth and
development.
Effective June 21st,
2013, Cyril Moreau, a seasoned international executive, will serve
as group CEO
and President of COREwafer Industries, Inc. He will lead COREwafer
Industries?
operations and take a seat on the company?s board of
directors.
?Cyril?s hiring will launch a new era. We have
ambitious plans under way on several fronts, and now we have
bolstered our
resources and leadership expertise, better preparing us to enter
into this new
development/expansion phase and move even more deeply into the
semi-conductors and
software sectors. We want to thank Gary Polistena for his
professionalism and
dedication for the last 2 years? says Teresa McWilliams, Chief
Financial
Officer and member of the COREwafer Industries board of
directors.
Cyril Moreau
to Serve as
Group Interim CEO and President
Cyril Moreau has served as Senior
Vice President and Senior Director for several highly successful
software
companies for the last 15 years. His track record in building
high-growth software
companies encompasses all aspects of leading, building, growing,
funding, and
managing. His leadership helped each of those companies grow
exponentially. At COREwafer
Industries, Cyril Moreau will take the company?s proven software
and traction
to scale.
Says Cyril Moreau about his
new position, ?I?m excited to be leading COREwafer Industries ?a
growing software
company. Armed with a leading and unique solution in this sector,
COREwafer
Industries is very well positioned and we see great potential for
accelerating
growth.?
Teresa McWilliams Chief Financial Officer, COREwafer
Industries,
Inc. has been confirmed in her position and her contract extended
by the Board
of Directors.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company
headquartered in New York, NY, that currently oversees and manages
two
subsidiary companies across various industries. The goal of WAFR is
to
strategically acquire businesses with strong growth potential and a
solid
business plan in various industries including consumer goods,
software and
technology, and telecom.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary of
COREwafer
Industries, Inc. (WAFR), creates proprietary software, software
algorithms, and
hardware that is used in the testing and data mining of the most
commonly used
computer hard drives, memory, and magnetics; as well as other
advanced
magnetic, semiconductor and nanotechnology-based device components.
Core Wafer
technology is capable of performing in-parallel measurements
allowing customers
to test components many times faster than a non-parallel process.
CWS has an
install base of over 800 clients and 1,500 installed systems on HP,
Keithley,
and Agilent Test hardware.
For
more information, visit www.corewaferindustries.com.
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