ARC Capital appoints new director.MEDFORD, Ore.--(BUSINESS WIRE)--June 6, 1996--ARC Capital (ARC) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ARCCA ARCCA Australian Restoration and Carpet Cleaning Association (Australia) ARCCA Army Reserve Clinical Credentialing Affairs (US Army) ARCCA Army Reserve Centralized Credential Agency (US DoD) ) today announced that James K. Rifenbergh was appointed a director of this manufacturer of computer-aided vision systems. Rifenbergh was previously chairman 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. of Brown Printing Co. Inc., a $440 million and fourth-largest publication printer in the United States. Rifenbergh, a resident of Waseca, Minnesota, holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in electrical engineering from the University of Wisconsin and an MBA from the University of Chicago. Rifenbergh is also a director of Sunrich Inc., Stake Technology Ltd. of Norvao, Ontario, and the Southeastern Minnesota Initiative Fund. William J. Young, ARC's chairman, president and CEO, said, "We are very pleased to obtain the services of an individual with Mr. Rifenbergh's background, talents and energy. Mr. Rifenbergh's addition will raise ARC's board to six members. I believe ARC will benefit greatly from his contributions as we enter the current significant growth phase for the company." ARC's operations are comprised of two wholly owned subsidiaries, SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." VISION and Pulsar(r) Industrial Research, which design, manufacture, and distribute automated machine vision systems used in sorting and defect removal processes. CONTACT: ARC Capital Alan Steel, 541/776-7700 or The Wall Street Group Inc. Ronald Stabiner, 212/888-4848 |
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