Primus Technologies Announces Resignation of VP of Sales & Marketing Frank Pellegrino, Company President Steve Stone to Assume Responsibilities on Interim Basis

Joint Press Release By Primus Technologies and Frank Pellegrino

WILLIAMSPORT, Pa., Dec. 27, 2016 /CNW/ -- Primus Technologies Corp. announces that Frank Pellegrino (17% shareholder), after 23 years of service, is leaving the Company to pursue other ventures outside of the Electronics Manufacturing Services (EMS) industry. Mr. Pellegrino served as Primus' Vice President of Sales & Marketing and as Corporate Secretary. Chris Sullivan, Chairman and CEO of Primus said, "We wish Frank well in his new endeavors and thank him for his many years of service." Mr. Pellegrino added, "Primus is a global leader in Electronics Manufacturing Services, and I am confident in the company's continued success under its current leadership. I'm grateful to have been part of an organization so committed to its people and customers."

In connection with his departure, Mr. Pellegrino also sold his Primus shares to the Company. All Primus shares are now owned by the Sullivan family, including Jerry Sullivan, Executive Chairman, Chris Sullivan and immediate Sullivan family members.

About Primus Technologies Corp.
Primus Technologies is one of the largest Electronics Manufacturing Services (EMS) providers in the United States. Serving Aerospace, Defense, Medical, Transportation and Complex Industrial industries, among others, Primus offers electronics design, production, test development and aftermarket services to Fortune 500 and other leading corporations. Headquartered in Williamsport, Pennsylvania, Primus is AS9100 and Nadcap certified and consistently #1-ranked by customers.

Contact: Chris Sullivan, 917-797-4474

SOURCE Primus Technologies Corp.


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