SAN JOSE, Calif. -- Patrik Lundstrom, chief executive of Obducat AB, has announced his intention to leave the nano-imprint lithography supplier.
Lars Tilly has been appointed the new CEO at Obducat (Malmo, Sweden). He is currently head of research at Ericsson in Lund, Sweden. Tilly will take up his new position starting Feb. 1, 2010.
Lundstrom will take a position at European Nano Invest (ENI) AB, which is an investment company owned by four officials in Obducat. Lundstrom is one of the investors.
At the same time, ENI has signed a contract with the European Commission and 10 other partners concerning the participation in an EU funded project focusing on surfaces for molecular recognition at the atomic level. The project extends over three years with a total budget of 4 million euros ($6 million).
The consortium consist of University of Nottingham, Lunds Universitet, The University of Reading, University College London, Ecole Normale Superieure de Lyon, Aarhus Universitet, Universidad Autonoma de Madrid , The University of Liverpool, Forschungszentrum Karlsruhe GMBH, and Max Planck Gesellschaft zur Foerderung derWissenschaften E.V.
Meanwhile, Obducat has seen its share of ups and downs. Third quarter sales recently amounted to SEK 13.7 million ($1.96 million), compared to SEK 15.7 million ($2.24 million) a year ago. Third quarter losses after taxes were SEK 12.1 million ($1.73 million), compared to minus SEK 7.4 ($1.06 million) a year ago.
Obducat, the nano-imprint leader in terms of market share, is readying the previously-announced Sindre 400, an automated system for high-volume manufacturing of LEDs. The first commercial system has been ordered and the buyer is Luxtaltek, a Taiwan-based manufacturer of LEDs.
But the delivery of Obducat's Sindre HDD HVM system will not take place in 2009, as previously planned, according to the company in a recent statement. The system is said to be geared for hard disk drives.
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