On March 6, 2015, Axcelis Technologies, Inc. announced it has reached an agreement with Vertex Capital Advisors, LLC whereby the Company will nominate Richard J. Faubert and John T. Kurtzweil to its Board of Directors at the Company's 2015 annual meeting of stockholders scheduled for May 13, 2015. In addition, the Company stated that in addition to Faubert and Kurtzweil, the Company's updated slate of director candidates consists of Thomas St. Dennis, R. John Fletcher, Arthur L. George, Jr., Joseph Keithley, Barbara J. Lundberg, Patrick H. Nettles and Mary G. Puma.