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APPLICON NAMES VANCE DIGGINS PRESIDENT AND CEO

 ANN ARBOR, Mich., Dec. 8 /PRNewswire/ -- Applicon announced today that Vance Diggins has been appointed president and chief executive officer of the company. Diggins will assume his responsibilities effective Jan. 1, 1994, and will be located in the Ann Arbor office.
 Alec Gores, chairman of Gores Enterprises, which recently bought Applicon, said, "We're excited to have Vance leading Applicon because he has a proven record of making companies successful, he has in-depth knowledge of the CAD/CAM industry, and he has 12 years of experience applying Gores' customer-driven philosophy to high-tech businesses."
 "Vance is also a consummate team player," Gores added. "That will be an extremely valuable asset because we have a strong management team in place and we intend to implement a participative process at Applicon."
 According to Gores, a search will begin immediately for the new president of Graftek. He emphasized that Graftek and Applicon would remain independent companies. Frank Stefanik, executive vice president and chief operating officer, Tom Perugini, executive vice president and chief financial officer, and Dan Presidio, executive vice president, engineering will report directly to Diggins.
 Diggins has nearly 15 years of experience in sales and executive management with a number of high-tech companies. A business graduate of Michigan State University, Diggins began his career in marketing management at Burroughs Corporation. He joined Gores Enterprises 12 years ago as a vice president of sales. Since then, he has become a principal of the company, holding such positions as chief operating officer of Executive Business Systems and president of Graftek.
 Diggins reinforced Applicon's commitment to customer satisfaction and emphasized the importance of advancing the company's technology. "Our primary aim is to fulfill our customers' requirements," he said. "But that doesn't mean our customers want us to stop providing innovative solutions. They want us to advance the technology based on their needs. So we have to strike an effective balance between innovation and responsiveness."
 As evidence of this renewed emphasis on technology, Diggins indicated that Applicon would continue implementing the Crescendo plan. "We are committed to advancing our Bravo solution for the long term," he said. "There will be major releases after Version 5, and they will follow the general direction laid out in the Crescendo plan. Of course, the specifics of the plan will need to be refined to more accurately reflect the needs of our customers."
 Applicon is a leading supplier of mechanical design automation software and services to companies in virtually every industry throughout the world. The company has been providing customers with its Bravo CAE/CAD/CAM and engineering process management solutions for over two decades. Applicon's customers include such renowned companies as AT&T, BFGoodrich, Eaton, Ford, General Motors, Mack Trucks, Mazda, Otis, Pratt & Whitney, Rolls Royce Nuclear, Teledyne Water Pik, Continental Motors, Toyota, and Westinghouse. Headquartered in Ann Arbor, Applicon employs nearly 300 people worldwide.
 -0- 12/8/93
 /NOTE TO EDITORS: Bravo is a registered trademark of Applicon, Inc./
 /CONTACT: Judy Evola of Applicon, 313-995-6016/


CO: Applicon, Inc. ST: Michigan IN: CPR SU: PER

KE-TO -- DE026 -- 1911 12/08/93 16:31 EST
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Publication:PR Newswire
Date:Dec 8, 1993
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