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Allegheny Technologies Elects Brian P. Simmons to Board of Directors.


Business Editors

Allegheny Technologies Incorporated (NYSE NYSE

See: New York Stock Exchange
: ATI (ATI Technologies Inc., Markham Ontario, http://ati.amd.com) A leading manufacturer of graphics chips and display adapters. Founded in 1985 by K. Y. Ho, Benny Lau and Lee Lau, ATI chips and boards are widely used by OEMs. ) announced today that Brian P. Simmons, 42, a partner and one of the founders of Code Hennessy & Simmons LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a private equity investment firm, has been elected to the Company's Board of Directors.

Code Hennessy & Simmons (CHS (Cylinder Head Sector) An earlier method of addressing a hard disk by referencing all three physical elements of the drive. It was superseded by logical block addressing (see LBA). ), based in Chicago, makes controlling investments in manufacturing, service and distribution companies participating in a broad array of consumer and industrial markets. CHS owns controlling interest in 28 companies with combined revenues in excess of $3.0 billion. Brian Simmons is actively involved in all aspects of CHS's business including investment origination, investment management and fundraising. He serves as Chairman of the Board or a director of numerous CHS portfolio companies. An ATI employee benefit trust has investments valued at approximately $24 million and an ATI subsidiary has investments valued at less than $1 million in CHS funds.

"Brian Simmons brings a diversified business and entrepreneurial perspective to our board. His insight will be valuable in representing shareholder interests and growing total shareholder value," said Robert P. Bozzone, chairman of Allegheny Technologies.

Brian Simmons is the son of Richard P. Simmons, who retired as Chairman of Allegheny Technologies in 2000.

Allegheny Technologies Incorporated is one of the largest and most diversified specialty materials producers in the world with revenues of approximately $2.1 billion in 2001. The Company has approximately 10,700 employees world-wide and its talented people use innovative technologies to offer growing global markets a wide range of specialty materials. High-value products include nickel-based and cobalt-based alloys and superalloys, titanium and titanium alloys, specialty steels, super stainless steel, exotic alloys, which include zirconium zirconium (zərkō`nēəm), metallic chemical element; symbol Zr; at. no. 40; at. wt. 91.22; m.p. about 1,852°C;; b.p. 4,377°C;; sp. gr. 6.5 at 20°C;; valence +2, +3, or +4. , hafnium hafnium (hăf`nēəm), metallic chemical element; symbol Hf; at. no. 72; at. wt. 178.49; m.p. about 2,227°C;; b.p. 4,602°C;; sp. gr. 13.31 at 20°C;; valence +4.  and niobium niobium (nīō`bēəm), metallic chemical element; symbol Nb; at. no. 41; at. wt. 92.9064; m.p. about 2,468°C;; b.p. 4,742°C;; sp. gr. 8.57 at 20°C;; valence +2, +3, +4, or +5. , tungsten materials, and highly engineered strip and Precision Rolled Strip(R) products. In addition, we produce commodity specialty materials such as stainless steel sheet and plate, silicon and tool steels, and forgings and castings. The Allegheny Technologies website can be found at www.alleghenytechnologies.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 11, 2002
Words:317
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