BROOKFIELD, Conn., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today announced the appointment of Jeff Catlin as the company's Senior Vice President, Global Sales. Mr. Catlin will serve as the head of sales for Photronics, driving a unified strategy that will align all sales teams.

Mr. Catlin brings more than two decades of leadership experience in the semiconductor industry, including over 10 years of building and managing global sales organizations that deliver measurable growth. Jeff comes to Photronics having held senior roles spanning SVP of Sales & Marketing, Head of Sales Operations, VP/GM of Patterning Business, and Head of Sales & Business Development, amongst others.

"We are excited that Jeff has joined Photronics to lead global sales," said George Macricostas, Chairman and CEO of Photronics. "Jeff brings passion, energy and discipline to focus our sales efforts, especially on high end opportunities that can drive revenue growth over the coming years."

Mr. Catlin added, "This is a fantastic time to join Photronics. The semiconductor industry is diversifying and reshoring production into the U.S. while captive mask shops are looking to outsource more of their photomask needs. Additionally, Photronics is making organic investments in the U.S. and Korea which position the company to capture momentum in advanced technologies."

About Photronics

Photronics is a leading worldwide manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks. High precision quartz plates that contain microscopic images of electronic circuits, photomasks are a key element in the IC and FPD manufacturing process. Founded in 1969, Photronics has been a trusted photomask supplier for over 56 years. The company operates 11 strategically located manufacturing facilities in Asia, Europe, and North America. Additional information can be accessed at www.photronics.com.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" regarding our industry, our strategic position, and our financial and operating results. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results, performance or achievements to differ materially. Please refer to Item 1A "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended October 31, 2025 and other subsequent filings with the Securities and Exchange Commission. These documents contain and identify important factors that could cause our actual results to differ materially from those contained in these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. We are under no duty to update any of the forward-looking statements after the date of this release to conform these statements to actual results.

For Further Information:

Ted Moreau

VP, Investor Relations

469.395.8175

tmoreau@photronics.com

Photronics Appoints Jeff Catlin Senior Vice President, Global Sales