Southwall Technologies begins search for new CFO

Thin film coatings manufacturer Southwall Technologies Inc. announced 13 June 2005 that Chief Financial Officer Maury Austin has resigned from the company effective 21 June 2005 to join a company outs…

Thin film coatings manufacturer Southwall Technologies Inc. announced 13 June 2005 that Chief Financial Officer Maury Austin has resigned from the company effective 21 June 2005 to join a company outside of Southwall“s technology market. “Maury was brought in specifically to guide the company back to profitability and to help position the company for future growth,” said Thomas G. Hood, Southwall“s President and Chief Executive Officer. “As our most recent 2004 and 2005 quarterly financial results have now shown, Maury“s contributions, along with those of our employees and senior staff, have enabled Southwall to become and remain profitable over the last four quarters. In addition, along with the strengthening of our balance sheet that has come with profitability, Maury has built a strong team and will leave Southwall with a very capable finance organization. We wish him well in his next challenge,” added Mr. Hood. Southwall has started the search for a new CFO. Southwall coatings are used in a number of automotive, electronic display and architectural glass products to enhance optical and thermal performance, user comfort and energy savings.