Kateeva Grows Infrastructure to Support Sales

MENLO PARK, CA--(Marketwired - May 28, 2014) -  To support sales of its inkjet printing manufacturing solution for OLED applications, Kateeva, Inc. today announced two key moves. First, the company named expert sales executive, Larry Timm, as Senior Vice President of Customer Satisfaction. Timm's strength is selling complex capital equipment and related process technologies to marquee electronics manufacturing customers in Asia and Europe. At Kateeva he'll drive business in Asia, manage customer relationships, and create a world-class infrastructure to support key accounts. 

Second, Kateeva announced the planned expansion of its Silicon Valley facilities to create dedicated manufacturing space. The first YIELDjet™ tools for mass production will be built at this location. YIELDjet is the world's first inkjet printer designed from the ground up to mass produce flexible and large-size OLED panels. With unique precision deposition capabilities, YIELDjet makes production of such ultra-light, paper-thin OLED displays economically viable -- for the first time. 

Kateeva President Dr. Conor Madigan called the decision to build the first tools in Silicon Valley a practical move. "Here, we can access top-class engineers and proven suppliers, while also establishing copy-exact protocols for future manufacturing in other locations," he said. "Moving into production is a big milestone for Kateeva. And it's the right point to add a global customer satisfaction executive to the team. We're pleased to welcome Larry." 

Timm said, "Kateeva has pioneered a product that's energizing the OLED manufacturing community. It's a rare opportunity to join a start-up with such a compelling offering. I'm excited to build the support infrastructure and help customers leverage the value of YIELDjet."

Today's developments aim to position YIELDjet for smooth near-term deployment. They're the latest in a series of initiatives that began with the establishment of Kateeva Korea earlier this year. That's when Kateeva, Inc. absorbed the team and assets of OLED Plus, a Seoul-based OLED equipment design, sales, service and support company. The move created an "instant on" local infrastructure equipped to deliver expert support to YIELDjet customers in Korea -- the center of gravity for OLED manufacturing. 

About Larry Timm
For two-plus decades, Larry Timm has helped US technology companies build strong businesses in Asia and Europe. At venture-backed start-ups and large public corporations, he built international operations, closed complex sales, found new markets for advanced technologies, and facilitated multi-level customer relationships. He has particular expertise in wafer fab process equipment having helped companies like Novellus Systems, Tencor Instruments and Teradyne debut transformational technologies and then engineer speedy sales ramps.

Timm earned a Bachelor's degree in Biology from Binghampton University in New York, and a Master's degree in Management from MIT. He served in the United States Navy as an Intelligence Officer, departing with the rank of Lieutenant Commander. 

About Kateeva, Inc.
Kateeva is driving new advances in OLED production technology. The company has pioneered an inkjet printing manufacturing equipment solution that enables flexible and large-size OLEDs to be produced over large areas and in high volume -- with longer lifetimes, higher yields and lower production costs. It's the industry's first economically viable and production-worthy technique to use printing for low-cost mass-production of OLEDs. Kateeva is headquartered in Silicon Valley, maintains a wholly owned subsidiary in Korea, and is backed by leading Venture Capital firms and other investors. www.kateeva.com.

YIELDjet is trademarked by Kateeva.