Boston Semi Equipment Names Bryan J. Banish President and Chief Executive Officer

BURLINGTON, MA--(Marketwire - Jun 21, 2012) - Boston Semi Equipment, LLC (BSE Group) today announced that Bryan J. Banish has been appointed President and Chief Executive Officer, effective immediately, replacing Douglas Elder. Mr. Banish has held the position of Chief Operating Officer since the company's founding in 2010.

"As a co-founder of BSE Group, Bryan's operational expertise, semiconductor industry experience and vision uniquely qualify him to lead the company going forward," commented Michael Gontar, BSE Group board member. "Boston Semi Equipment has strongly established itself within the secondary market for semiconductor manufacturing equipment. The Company has a reputation for superior customer service and fast execution, which is driving record results."

BSE Group currently has operations in Burlington, Mass., Tempe, Ariz., the Philippines, Japan and Singapore providing products and services for both front and back end semiconductor processes.

"We wish Doug well as he moves on to new business challenges and thank him for his contributions to the company over the past two years," concluded Gontar.

BSE Group

Boston Semi Equipment, LLC (BSE Group), provides affordable solutions to semiconductor front end manufacturing and back end assembly and test through leasing, rental, and (re)sale of equipment. BSE Group partners with customers to lower their cost of ownership while optimizing flexibility and operating leverage. BSE Group also partners with equipment suppliers to provide flexible solutions to their customers, lowering financial stumbling blocks to closing, thereby accelerating sales. For more information visit http://www.bsegroup.com.