Company: Adeptron Technologies Corporation
Stock Symbol: ATQ
Listing: Toronto Stock Exchange (TSX)
Web Site: www.adeptron.com
TORONTO, June 17 /CNW/ - Adeptron Technologies Corporation (ATQ: TSX) ("Adeptron" or the "Company"), a specialist at delivering integrated product solutions and support to the global technology and electronics industry, today announced the resignation of Ms. Sima Mor and Mr. Sharon Amir from the board of directors to pursue other business and personal interests. In addition, Adeptron announces the appointment of Messrs. Eitan Haimovich and Ron Ben-Haim to the board of directors.
Eitan Haimovich is the Chief Financial Officer of R.H. Technologies Ltd. and has held other senior financial and accounting positions over the last 10 years. Mr. Haimovich holds a B.A. and MBA from Haifa University.
Ron Ben Haim is a Partner of FIMI 2007 Ltd. ("FIMI"), an affiliate of the part-owner of R.H. Global Technologies Ltd., which is the majority shareholder of the Company. Prior to joining FIMI in 2006, Ron was Vice-President of Compass Advisers, LLP, and prior thereto an associate with the Merrill Lynch Mergers & Acquisitions group in New York. Ron holds an MBA from New York University.
F. Michael Marti, the President, Chief Executive Officer and Director, said: "The board of directors and the rest of the management team would like to thank Ms. Mor and Mr. Amir for their dedication to the Company. We would also like to welcome Messrs. Haimovich and Ben Haim to the Company. We look forward to their contribution to the board and the direction of the Company."
Adeptron delivers product solutions and support for the complete product life cycle to the global electronics and related technologies industries. These solutions and support include design, prototyping, supply chain management, manufacturing, assembly, testing, product assurance, distribution and after-sales service. Adeptron, as part of an affiliated group of companies in the Electronics Manufacturing Services (EMS) sector, having annual global revenues of approximately $210 million, provides manufacturing services from six facilities worldwide including Markham and Ottawa in Ontario, San Jose and Livermore in California, Israel and through its partner in China. Adeptron's facilities are ISO 9001:2000 registered.
Adeptron is a public company whose common shares are listed for trading on The Toronto Stock Exchange under the symbol: "ATQ". Visit Adeptron at: www.adeptron.com or www.investorfile.com.
THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO SUCH MATTERS AS EXPECTED FINANCIAL PERFORMANCE, BUSINESS PROSPECTS, TECHNOLOGICAL DEVELOPMENTS, DEVELOPMENT ACTIVITIES AND LIKE MATTERS. THESE STATEMENTS INVOLVE RISK AND UNCERTAINTIES, INCLUDING BUT NOT LIMITED TO RISK FACTORS DESCRIBED IN DOCUMENTS FILED WITH REGULATORY AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY REPORTS AND ANNUAL INFORMATION FORM. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED AS A RESULT OF THESE RISKS AND SHOULD NOT BE RELIED UPON AS A PREDICTION OF FUTURE EVENTS. ADEPTRON TECHNOLOGIES CORPORATION UNDERTAKES NO OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER THE DATE ON WHICH SUCH STATEMENT IS MADE, OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
SOURCE ADEPTRON TECHNOLOGIES CORPORATION
For further information: For further information: Adeptron Company Contact: F. Michael Marti, President & Chief Executive Officer, Tel: 416-705-6534, email@example.com