ADTI Names Vice President of Manufacturing.DENVER Denver, city (1990 pop. 467,610), alt. 5,280 ft (1,609 m), state capital, coextensive with Denver co., N central Colo., on a plateau at the foot of the Front Range of the Rocky Mts., along the South Platte River where Cherry Creek meets it; inc. 1861. -- Advance Display Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ADTI) today announced the appointment of Mr. James (Jim) P. Martindale Martindale the Extra Pharmacopoeia; published in 30 editions over a period of 110 years by the Royal Pharmaceutical Society of Great Britain; contains over 5000 monographs on substances used in pharmacy and medicine. as the Company's Vice President of Manufacturing. Mr. Martindale will be responsible for leading manufacturing initiatives and processes for the rollout of ADTI's latest video display technologies. As VP of Manufacturing, Jim Martindale brings a wealth of relevant manufacturing, operations and industry experience to ADTI. Prior to joining ADTI, Mr. Martindale served as Senior Director, New Business Development for InFocus Digital Media. He was responsible for developing and executing new business strategies leveraging InFocus' software, hardware and service assets to offer digital-media solutions to the education, corporate, and digital advertising markets. In addition to his business development role, Mr. Martindale also held senior positions in Service, Application Engineering, and Technical Sales since joining InFocus in 1999. Jim Martindale also brings extensive international manufacturing experience to ADTI from his 19-plus years at Hewlett-Packard Co. where he held positions from Mechanical Engineer to Manufacturing Development Manager for HP's Specialty Printing Systems. Mr. Martindale stated, "I am delighted to join ADTI. The new technologies ADTI is bringing to market are poised to bring tremendous value to the outdoor digital advertising market." President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Matthew W. Shankle said, "We are very excited to have Jim on board as he brings 25 years of engineering and manufacturing experience, most recently in the video display industry. Jim will lead the Company's manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. as we begin producing our proprietary UltraNet[TM] LED display systems." For more information about Advance Display Technologies, please visit our website at http://www.advancedisplaytechnologies.com, or call Tudi Grierson at 303-267-0111. 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. This press release includes "forward-looking statements" within the meaning of 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. provision 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. For example, predictions or statements of belief or expectation concerning the success of the company's new proprietary technologies or its uses are all "forward-looking statements" which should not be relied upon. Such forward-looking statements are based on the current beliefs of the Company and its management based on information known to them at this time. Because these statements depend on various assumptions as to future events, they should not be relied on by shareholders or other persons in evaluating the Company. Although management believes that the assumptions reflected in such forward-looking statements are reasonable, actual results could differ materially from those projected. There are numerous risks and uncertainties which could cause actual results to differ from those anticipated by the Company, including but not limited to those cited in the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 2006 which has been filed with the U.S. Securities and Exchange Commission and may be accessed at www.sec.gov. |
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