CAMBRIDGE, ON, Oct. 18 /CNW/ - COM DEV International Ltd. (TSX: CDV), a
leading manufacturer of space hardware subsystems, today announced that
James C. Adamson has been appointed to its Board of Directors, as well as the
Board's Human Resources and Compensation Committee. Mr. Adamson is a former
NASA astronaut and U.S. Army Colonel (Ret.) who has held a number of senior
corporate roles. Since 2001 he has been a consultant with his own company,
Monarch Precision, LLC, which specializes in strategic business development
and risk management for technology companies contracting with the U.S.
Prior to becoming a consultant Mr. Adamson was President and CEO of
Honeywell Technology Solutions Inc., a $500 million subsidiary of Honeywell
specializing in ground network and space asset management for civil and
military government customers. From 1995 to 1999 he was Chief Operating
Officer of United Space Alliance, a $1.5 billion joint venture partnership
between Lockheed Martin and Boeing mandated to consolidate all of NASA's Space
Shuttle and Space Station Operations Production and Maintenance under a single
prime contractor for eventual privatization and commercialization. Previously
he served as President and CEO of Lockheed Engineering and Sciences Company, a
$350 million engineering products and services company.
During a 23-year career in the U.S. Army, Mr. Adamson held commands in
Europe, Vietnam and the United States, including commanding the Army Space
Flight Detachment at Johnson Space Center. At NASA from 1981 to 1992, Mr.
Adamson held leadership positions in management, operations and R&D. He flew
on two Space Shuttle missions, logging over 334 hours in space.
"Jim's track record speaks for itself, and he is a welcome addition to
our board," said Keith Ainsworth, Chairman of the Board of Directors.
"Expansion into the U.S. government and military space markets is a key
strategic priority for us and there are few people who can match Jim's breadth
of experience, contacts and industry knowledge."
About COM DEV
COM DEV International Ltd. (www.comdevintl.com) is a leading global
designer and manufacturer of space hardware subsystems. With facilities in
Canada, the United Kingdom and the United States, COM DEV manufactures
advanced products and subsystems that are sold to major satellite prime
contractors for use in communications, space science, remote sensing and
COM DEV and COM DEV USA are registered trademarks of COM DEV
International Ltd. This news release may contain certain forward-looking
statements that involve risks and uncertainties. Actual results may differ
materially from results indicated in any forward-looking statements. The
Company cautions that, among other things, in view of the rapid changes in
communications markets and technologies, and other risks including the cost
and market acceptance of the Company's new products, the level of individual
customer procurements and competitive product offerings and pricing, and
general economic circumstances, the Company's business prospects may be
materially different from forward-looking statements made by the Company.
For further information:
For further information: Gary Calhoun, Chief Financial Officer, Tel:
(519) 622-2300 ext. 2826, Fax: (519) 622-2158, firstname.lastname@example.org; Jeff
Codispodi, The Equicom Group, Tel: (416) 815-0700 ext. 261, Fax: (416)