Advanced Photonix Inc. announces new director and management assignments.CAMARILLO, Calif.--(BUSINESS WIRE)--Oct. 21, 1996--Advanced Photonix Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :API) Monday announced that Hayden Leason was elected chairman of the board of directors to succeed James W. Ward. Ward will remain on the board of directors. Leason has been a director of the company since July 1995. Leason founded Filtertek Inc., a designer and manufacturer of specialty filtration elements, which subsequently became a NYSE-listed company. He served as chairman and chief executive officer until 1992, when he sold his interest to Schawk Inc. Since that time, Leason has managed private investments. The board of directors also announced that Robert G. Allison was elected to the board of directors to fill one of three vacancies. It was also announced that Allison will serve as the interim 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. , effective immediately. Allison is currently a director and CEO for Vis-A-Vis Communications Inc., and the managing partner of Allison Venture Partners Inc., a private capital and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a serving the technology market. Prior to forming Allison Venture Partners, Allison served as the executive vice president, 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. and director of Aurora Electronics Group Inc. (ASE:AUR AUR Acute Urinary Retention AUR Association of University Radiologists AUR Automated Underreporter AUR Available Upon Request AUR All Up Round AUR Access Usage Record AUR Asociación Uruguaya de Radioprotección AUR Average Unit Revenue AUR Asset Utilization Ratio ). Allison served as vice president, semiconductor marketing and assets, at Arrow Electronics Inc. (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 :ARW ARW Air Refueling Wing ARW Advanced Research Workshop ARW Associated Resume Writers ARW Army Ranger Wing (Irish Special Forces) ARW American Revolutionary War ARW Angle Random Walk ARW Aeroelastic Research Wing ), and was the founder, president and CEO of Insight Electronics Inc., a specialized semiconductor distributor which was acquired by MEMEC Group PLC. In making the announcement, Leason said: ``We welcome Bob to our company as a director and to serve as our interim chief executive. We are confident that, with his substantial experience in managing and marketing technology products and with his experience in start up and developing companies, he will be a significant contributor to our future direction.'' Advanced Photonix is a high-technology growth company which designs and manufactures silicon photodetectors, opto-electronic hybrid assemblies and proprietary solid-state, large-area avalanche photodiodes. The company recently unveiled a new silicon chip design for its proprietary large-area avalanche photodetectors. CONTACT: Advanced Photonix Inc., Camarillo Patrick J. Holmes, 805/987-0146 |
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