Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that Kevin J. Brewer was named 2016 CFO of the Year in the public company category by the Boston Business Journal (BBJ). The award was presented at BBJ 8th Annual CFO of the Year awards luncheon at The Seaport Hotel on July 14th. The award recognizes the top chief financial officers who deliver the most outstanding performance for their Massachusetts companies.

President and CEO Mary Puma commented, "We are thrilled that Kevin has been recognized with this prestigious honor. His expertise as a CFO and his diverse background led Axcelis to achieve a 48.5% increase in revenues and a 100% increase in shipments in 2015. He has been instrumental in driving a broad organizational business transformation, creating a highly leveraged business model and increasing value for our shareholders."

In addition to managing the Axcelis finance organization, Mr. Brewer also oversees manufacturing, supply chain, quality and logistics at Axcelis. Until assuming the role of CFO, Mr. Brewer held the position of Executive Vice President, Global Operations at Axcelis. Prior to joining Axcelis in 1999, Mr. Brewer was Director of Operations, Business Jets, at Raytheon Aircraft Company. Brewer also held various management positions in operations and strategic planning in Raytheon Company's Electronic Systems and Missile Systems groups. Brewer holds a BS degree in Mechanical Engineering Technology from Southeastern Massachusetts University, and a Master's degree in Business Administration from New Hampshire College.

About Axcelis:

Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 35 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis atwww.axcelis.com.