Quarterly Cash Flow Report and Investor Conference Call Notification

Fremont, California and Sydney, Australia; 23 July 2020 — Pivotal Systems Corporation (“Pivotal” or the “Company”) (ASX: PVS), today advises that its June quarter Appendix 4C Cash Flow Report and Management Quarterly Activities Report will be released on Friday, 31 July 2020.

Immediately following the release, the Company will host an investor conference call at 9.45am AEST on Friday, 31 July (4.45pm PDT on Thursday, 30 July) with Mr. John Hoffman, Chairman and CEO and Mr. Dennis Mahoney, CFO.

Details of the call are set out below.

In order to pre-register for the conference call and avoid a queue when calling, please follow the link below. You will be given a unique pin number to enter when you call which will bypass the operator and give you immediate access to the event. Due to unprecedented demand for operator moderated calls, investors are advised to register for the conference in advance by using the Diamond Pass link to avoid delays in joining the call directly through the operator:

https://s1.c-conf.com/diamondpass/10008572-invite.html

Alternatively, you may dial in with the following details, approximately ten minutes before the scheduled start time and provide the Conference ID to an operator.

Conference ID: 10008572
Participant Dial-in Numbers:
Australia Toll Free: 1800 908299
Australia Local: +61 2 9007 8048
New Zealand: 0800 452 795
Canada/USA: 1855 624 0077
Hong Kong: 800 968 273
Japan: 006 633 868 000
China: 108 001 401 776
Singapore: 800 101 2702
United Kingdom: 0800 0511 453

THIS RELEASE DATED 23 JULY 2020 HAS BEEN AUTHORISED FOR LODGEMENT TO ASX BY THE CHIEF FINANCIAL OFFICER.

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For further information, interview and photos:
Investor Relations & Media (Australia):
Dr Thomas Duthy
Nemean Group
tduthy@pivotalsys.com
+61 402 493 727

ASX Representative:
Naomi Dolmatoff
Company Matters Pty Ltd
Naomi.Dolmatoff@companymatters.com.au

Media Contact (US):
Rob Haralson
ANZU Partners
rhh@anzupartners.com

If investors wish to subscribe to Pivotal Systems’ email alert service for ASX Announcements, please follow this link.

About Pivotal Systems Corporation (ASX: PVS)
Pivotal Systems Corporation (ARBN 626 346 325), is a company incorporated in Delaware, USA, whose stockholders have limited liability. Pivotal Systems provides the best-in-class gas flow monitoring and control technology platform for the global semiconductor industry. The Company’s proprietary hardware and software utilizes advanced machine learning to enable preventative diagnostic capability resulting in an order of magnitude increase in fab productivity and capital efficiency for existing and future technology nodes. For more information on Pivotal Systems Corporation, visit https://www.pivotalsys.com/.

Release of Securities from Escrow

Fremont, California and Sydney, Australia; 17 June 2020 — Pivotal Systems Corporation (“Pivotal” or the “Company”) (ASX: PVS) advises that in accordance with ASX Listing Rule 3.10A, the following securities are to be released from escrow on 2 July 2020, being 24 months from the date of commencement of official quotation on the ASX:

  • 40,905,438 Shares subject to ASX mandatory restriction (representing 40,905,438 Chess Depository Interests (CDIs);
  • 1,041,870 Shares subject to voluntary restriction (representing 1,041,870 CDIs);
  • 6,726,1041 Unquoted Options subject to ASX mandatory restriction; and
  • 1,704,698 Shares exercised out of the Unquoted Options subject to voluntary restriction
    (representing 1,704,698 CDIs).

THIS RELEASE DATED 17 JUNE 2020 HAS BEEN AUTHORISED FOR LODGEMENT TO ASX BY THE CHIEF EXECUTIVE OFFICER.

Retirement of Mr. Timothy Welch and Appointment of Mr. Dennis Mahoney as New CFO

Fremont, California and Sydney, Australia; 5 June 2020 — Pivotal Systems Corporation (“Pivotal” or the “Company”) (ASX: PVS), a leading provider of innovative gas flow control (GFC) solutions to the semiconductor industry, today announced the appointment of Mr. Dennis Mahoney as Chief Financial Officer of Pivotal, effective from 5 June 2020 following the retirement of Mr. Timothy Welch.

Mr. John Hoffman, Chairman and CEO of Pivotal Systems commented “On behalf of the Board, management and employees, we would like to thank Tim for his commitment to the Company, especially during our most recent financing and we certainly wish him well in his retirement. Dennis brings thirty years of CFO experience to Pivotal, including scaling publicly traded and private companies, raising over US$500 million in equity and debt, negotiating and closing M&A transactions in the USA and Europe, and establishing joint ventures and leading international expansions. Dennis’s experience includes manufacturing, fabless semi, solar, medical devices and other industries, which will prove valuable as we continue to expand our product portfolio and the markets we serve.”

Dennis’s experience includes serving as founder and CEO of Sequoia Financial, a CFO consulting firm serving clients in the USA, Australia, Asia and Europe and VP Finance, CFO and Corporate Secretary of ADAC Laboratories (NASDAQ:ADAC), a nuclear medicine imaging company, acquired by Philips Medical Systems in 2000. Dennis was Vice President and CFO of Zen Research, a DVD manufacturer (LSE:ZEN), Vice President Finance and Administration and CFO of Arcadia Design Systems a DSP design company, and several senior financial positions with Syntex (NYSE) a global pharmaceutical company where he helped scale the US pharma division to US$1 billion in sales. Dennis also was CFO of NuvoSun, a CIGS solar cell manufacturer acquired by The Dow Chemical Company, where he also provided ongoing support post acquisition.

Dennis received a Master of Business Administration from the Haas School of Business at the University of California at Berkeley and a Bachelor of Science also from UC Berkeley. He is an inductee into Beta Gamma Sigma and the recipient of the Wall Street Journal Student Achievement Award. He is a Board member and Trustee of several non-profit foundations.

THIS RELEASE DATED 5 JUNE 2020 HAS BEEN AUTHORISED FOR LODGEMENT TO ASX BY THE BOARD OF DIRECTORS OF PIVOTAL SYSTEMS.

– ENDS –

For further information, interview and photos:

Investor Relations & Media (Australia):
Dr Thomas Duthy
Nemean Group
tduthy@pivotalsys.com +61 402 493 727

Media Contact (US):
Rob Haralson
ANZU Partners
rhh@anzupartners.com

ASX Representative:
Naomi Dolmatoff
Company Matters Pty Ltd
Naomi.Dolmatoff@companymatters.com.au


About Pivotal Systems Corporation (ASX: PVS)
Pivotal Systems Corporation (ARBN 626 346 325), is a company incorporated in Delaware, USA, whose stockholders have limited liability. Pivotal Systems provides the best-in-class gas flow monitoring and control technology platform for the global semiconductor industry. The Company’s proprietary hardware and software utilizes advanced machine learning to enable preventative diagnostic capability resulting in an order of magnitude increase in fab productivity and capital efficiency for existing and future technology nodes. For more information on Pivotal Systems Corporation, visit https://www.pivotalsys.com/.