CVD Gear Company Appoints Richard Catalano as Main Economic Officer

CENTRAL ISLIP, N.Y.–(Enterprise WIRE)–CVD Products Corporation (NASDAQ: CVV), a leading company of chemical vapor deposition methods and materials, nowadays announced that Richard Catalano has been appointed as Chief Money Officer, efficient August 30, 2022.

Mr. Catalano brings extra than 35 several years of encounter as an attained economic qualified functioning across a number of industries.

In 1982, Mr. Catalano started his vocation at KPMG LLP and turned an audit associate in 1993. All over his 37 years as an audit expert at KPMG LLP, Mr. Catalano has advised a various array of shoppers by means of personal equity financed transactions, M&A associated accounting, and filings with the U.S. Securities and Exchange Commission. In the direction of the afterwards aspect of his tenure, Mr. Catalano served as the chief of KPMG LLP’s Metro New York Health care and Life Sciences Observe and then co-led KPMG’s Global Audit Methodology Group. Mr. Catalano is a Qualified Public Accountant certified to exercise in the Point out of New York.

Emmanuel Lakios, President and Main Government Officer of CVD Tools Corporation welcomed Mr. Catalano to the Company, stating, “We are happy that Richard has joined our govt workforce, he is a seasoned skilled with broad accounting and finance working experience operating with general public corporations. His strong history would make him a normal decision to guide our finance group as CFO.”

About CVD Machines Corporation

CVD Gear Company (NASDAQ: CVV) layouts, develops, and manufactures a wide array of chemical vapor deposition, gasoline control, and other point out-of-the-art products and approach answers employed to acquire and manufacture resources and coatings for exploration and industrial programs. This gear is utilized by its prospects to research, style and design, and manufacture these components or coatings for aerospace motor factors, clinical implants, semiconductors, battery nanomaterials, photo voltaic cells, clever glass, carbon nanotubes, nanowires, LEDs, MEMS, and other apps. Via its software laboratory, the Business presents course of action enhancement support and approach startup help with the focus on enabling tomorrow’s systems™. It’s wholly owned subsidiary CVD Resources Corporation delivers superior materials and steel floor treatment options and coatings to provide demanding apps in the electronic, biomedical, petroleum, pharmaceutical, and quite a few other industrial marketplaces.

The Private Securities Litigation Reform Act of 1995 supplies a “safe harbor” for forward-wanting statements. Particular facts incorporated in this press release (as very well as facts involved in oral statements or other published statements manufactured or to be created by CVD Tools Company) contains statements that are forward-on the lookout. All statements other than statements of historical actuality are hereby identified as “forward-on the lookout statements, “as this sort of time period is outlined in Part 27A of the Securities Trade Act of 1933, as amended, and Portion 21E of the Securities Trade Act of 1934, as amended. These types of ahead looking information and facts entails a variety of recognized and unfamiliar threats and uncertainties that could cause real final results to vary materially from people talked about or expected by administration. Likely challenges and uncertainties involve, amid other components, sector and company circumstances, the COVID-19 pandemic, the achievements of CVD Products Corporation’s development and sales procedures, the chance of customer modifications in supply schedules, cancellation of, or failure to acquire orders, prospective delays in product shipments, delays in obtaining stock elements from suppliers and failure to fulfill client acceptance specifications, and other hazards and uncertainties that are described in the Company’s Annual Report on Form 10-K for the yr ended December 31, 2021 and the Company’s other filings with the Securities and Trade Fee. For ahead-searching statements in this launch, the Company promises the defense of the harmless harbor of the Non-public Securities Litigation Reform Act of 1995. The Organization assumes no obligations to update or supplement any ahead-on the lookout statements no matter if as a consequence of new information and facts, long run situations or if not. Earlier effectiveness is not a promise of foreseeable future success.