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JONATHAN BLOCH OF GKM VENTURES JOINS SYNTRICITY BOARD OF DIRECTORS
Brings experience in managing and financing innovative technology ventures
SAN DIEGO, CALIFORNIA, June 20, 2006 – Syntricity Inc., a provider of enterprise yield management (EYM) software for the semiconductor industry, today announced that Jonathan Bloch, managing director of GKM Ventures, has joined its board of directors. Bloch will replace Jeff Teza, who is leaving after previously serving as CEO and on the Syntricity board.
Bloch brings his experience of building numerous early-stage and pre-IPO technology related investments. Prior to GKM Ventures, he was managing director of the Technology Group at Chanin Capital Partners where he specialized in corporate finance and principal investing.
"We are pleased to welcome Jonathan Bloch as a director of Syntricity,” said Marc Friedmann, Syntricity’s president and CEO. “Jonathan's background in helping to build businesses will benefit Syntricity as we address the growing demand from semiconductor manufacturers for our EYM software."
Bloch is a former partner in the law firm of Wyman, Bautzer, Rothman, Kuchel & Silbert. He received his BA degree from the University of California at Berkeley and his JD from the University of San Diego School of Law. Presently, he is a director at Advanced Data Exchange, Santa Monica Amusements LLC, Silicon Bandwidth (observer status), Oxford Semiconductor (observer status), and a member of the Board of Governors of Cedars-Sinai Hospital.
About GKM Ventures
GKM Ventures, with offices in Los Angeles (HQ) and Menlo Park, is a leading venture capital fund investing $1.5 to $5 million in rapidly growing technology companies located in California and the Western U.S. Our industry preference spans several growth sectors: communications, enterprise software and IT services, semiconductors and digital media. For more information, visit www.gkmventures.com.
About Syntricity, Inc.
Syntricity is the pioneer in enterprise yield management. Its yield management software is used by leading semiconductor companies, test vendors and wafer foundries to gather, manage and analyze data from facilities around the world to improve yield, reduce product development cycle, and increase profits. A privately-held company, Syntricity is headquartered in San Diego, California.
For more information, contact Syntricity Inc., 6020 Cornerstone Court West, San Diego, California 92121; Tel: (858) 552-4485; Fax: (858) 552-4493. Or http://www.syntricity.com.
Media Contacts:
Andrea Roberts, Technical Media
AR Marketing, Inc, (858) 451-8666
Valerie Chereskin, Business Media
Chereskin Communications, (760) 942-3116