ATEC Group Strengthens Capabilities of TIS Division With New Head of New York City Office.Business Editors COMMACK, N.Y.--(BUSINESS WIRE)--Nov. 29, 2000 ATEC ATEC Army Test and Evaluation Command (US Army; formerly OPTEC, Operational Test & Evaluation Command) ATEC Australian Tourism Export Council ATEC Advanced Technologies (Hamburg, Germany) Group, Inc. (AMEX AMEX See: American Stock Exchange :TEC), a leading system integrator and provider of a full line of information technology products and services, announced today that as part of its recent commitment to strengthen the capabilities of its Technology Integration Services (TIS) division, it named Ray Shah as executive vice president of the company and the new head of its New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. office. Shah, who replaces Jeff Wood in this position, reports directly to Raj Rametra, head of the TIS division. Among his primary responsibilities, Shah will oversee the company's sales and engineering services operations in New York City and Long Island. Shah enjoys more than 19 years of experience in the information technology industry as a senior corporate manager, most recently serving for three years as director of professional services at a New York City-based systems integrator with approximately $45 million in annual sales. While there, Shah integrated the company's technical, sales and marketing functions, which significantly increased revenue and operations efficiency, as well as turned the company from a local service provider to an effective national service provider. His expertise in LAN/WAN LAN/WAN Local Area Network/Wide Area Network , cross-platform connectivity, broad knowledge of current technologies and the ability to provide simple solutions to complex problems resulted in numerous partnerships with global clients. Further, Shah's previous positions as an independent management consultant, offering operational and organizational guidance, provided him with experience at identifying profit opportunities and implementing plans to ensure growth. Shah also served as a founding officer and manager of CEI CEI Competitive Enterprise Institute CEI Conferenza Episcopale Italiana (Italian bishop conference) CEI Central European Initiative CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) , based in Long Island City, NY, a computer maintenance and repair organization. Shah's appointment comes as the company puts more focus on high-end technical services. Recently, the TIS division was awarded a $1.4 million contract from the Shenendehowa Central School District The Shenendehowa Central School District is located in Clifton Park, New York, a suburb 12 miles north of Albany, NY. The district is well known in the area for both academics and athletics, and for its large size. in upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. . The contract calls for the division to provide a new district-wide system to modernize Shenendehowa Central's entire communications network over the next 18 months. The company also recently announced that its TIS division had completed a project totaling $1.7 million for MVP (Multimedia Video Processor) A high-speed DSP chip from Texas Instruments, introduced in 1994. Officially introduced as the TMS320C80, it combines RISC technology with the functionality of four DSPs on one chip. Health Plan, one of the largest and fastest-growing health maintenance organizations in the New York Capital District and the state of Vermont. Commented Shah, "As the Internet age is full upon us and the power of information has been transformed, companies such as ATEC must think 'outside the box' and recognize the need for value-added services. Part of my challenge - and opportunity - at ATEC will be to work with our reengineered sales force and create a mindset mind·set or mind-set n. 1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations. 2. An inclination or a habit. that is more focused on selling and delivering professional technical services. These include security, storage and networking solutions, disaster recovery, as well as e-business solutions. As we do this, we will also seek to identify new strategic partnerships that will enable us to compete at an even higher level." "We are pleased that Ray has joined the TIS team," said Tony Rametra, 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. of ATEC Group. "We believe his considerable experience in both the technical and managerial aspects of information technology will be a valuable asset to our company." About ATEC Group Based in Commack, New York Commack is a hamlet and census-designated place (CDP) in Suffolk County, New York, United States. The population was 36,367 at the 2000 census. Commack is partly in the Town of Huntington and the Town of Smithtown. It is located on Long Island. , ATEC Group, Inc., is a leading system integrator and provider of a full line of information technology products and services. As a one-stop company for the computer needs of businesses, government agencies and educational institutions, ATEC Group offers computer hardware and software, system integration networking, graphic arts, Internet and Intranet. The company is positioned for growth through its capabilities as a PC manufacturer of Nexar(R) technology, in software development and e-commerce. For more information on ATEC Group, please visit the company's web site at www.atecgroup.com. Safe Harbor Statement under 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: The statements that are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including, but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. |
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