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A.T. Cross Company EVP & COO, John E. Buckley, Announces Retirement.


Business Editors

LINCOLN, R.I.--(BUSINESS WIRE)--Dec. 29, 2000

A.T. Cross Company (AMEX AMEX

See: American Stock Exchange
: ATX See ATX motherboard.

(hardware, standard) ATX - An open PC motherboard specification by Intel.

ATX is a development of the Baby AT specification with the motherboard rotated 90 degrees in the chassis.
) today announced that John E. Buckley, Executive Vice President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
, is retiring from Cross effective Dec. 31, 2000. Mr. Buckley began his career with Cross as the Company's Controller in 1975 and through a series of promotions became its Executive Vice President and COO in 1993. "My 25 years with Cross have been very rewarding and have resulted in a challenging and exciting career. I sincerely appreciate the many opportunities provided by Brad and Ron Boss and the Cross Board of Directors. I have been fortunate to have worked with a long list of talented Cross employees and believe that the Company is poised for a bright future," said Mr. Buckley.

Mr. Buckley has concentrated his efforts this year on the advancement of the Company's pen computing See gesture recognition and tablet PC.  business. This work culminated in the recent launch of the Cross :Convergence pen; a pen that helps link print to the internet. He said that he now would direct his attention to a combination of professional and personal career matters including his continued role as a member of the Cross Board of Directors.

"During the past year, John has been a strong contributor to Cross. The work he has done has provided us with an excellent platform for the Company to continue developing the pen computing business. Cross is committed to pursue, with our partners, the exciting opportunities we believe exist in pen computing. We will announce a successor to John's position as head of the PCG PCG

phonocardiogram.
 business in January," said David G. Whalen, President and Chief Executive officer.

"John has been a valuable member of the Cross team. His many contributions have helped to build our brand and this Company. We look forward to his ongoing participation on our Board of Directors and wish him well in his future endeavors," said Russell Boss, Chairman of A.T. Cross.

A.T. Cross Company is a major international manufacturer of fine writing instruments. The Company also manufactures pen computing products.

Statements contained in this release that are not historical facts are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 (including but not limited to statements related to the future opportunities in pen computing activities). In addition, words such as "believes," "anticipates," "expects," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, including but not limited to risks associated with new technologies and customer and consumer support of new products. Additional discussion of factors that could cause actual results to differ materially from management's expectations is contained in the Company's filings under the Securities Exchange Act of 1934.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 29, 2000
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