Altec Lansing Announces Senior Manager Promotions.MILFORD, Pa.--(BUSINESS WIRE)--Aug. 11, 1998--Altec Lansing Technologies, Inc. today announced the promotions of two of the company's senior managers. Jay Caras has been promoted to the position of Vice President for Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. from the position of Director of Strategic Planning. Giora Sussman has been promoted to the position of Vice President- Advanced Technology from the position of General Manager, Israel Research and Development. "The promotions of Jay Caras and Giora Sussman are indicators of their contributions to the growth of our company as well as to the importance we place on expanding our strategic partnerships," said Edward Anchel, president, 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. and chairman of Altec Lansing Altec Lansing Technologies, Inc. is a manufacturer and marketer of computer and home entertainment sound systems, headphones, and microphones for personal digital media. Technologies, Inc. "These personnel changes also help us to continue our commitment to maintaining a leadership position in advanced technology and meeting the needs of our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and retail customers on a worldwide basis." Jay Caras is being promoted from his position as Director of Strategic Planning, a position he has held with the company since 1996. Jay is based in the company's Seattle, Washington  This page is protected from moves until disputes have been resolved on the .The reason for its protection is listed on the protection policy page. office and manages the strategic relationships with leading technology partners. Giora Sussman, being promoted from his position as General Manager, Israel Research and Development, has worked for the company since 1995. He will now advise all engineering initiatives dealing with advanced technology and continue to manage the Engineering Research and Development facility located in Kfar Saba Kfar Saba (Hebrew: כפר סבא) ("Grandfather's Village" or Saba's Village"), also Kefar Sava, is a city in the Sharon area, Center District of Israel in Israel. , Israel. Altec Lansing Technologies, Inc., based in Milford, PA, USA, is a leading designer, developer and manufacturer of high performance speaker systems that deliver high quality, high fidelity high fidelity n. The electronic reproduction of sound, especially from broadcast or recorded sources, with minimal distortion. high audio output for personal computers. The company employs about 500 people worldwide. In addition to the company's headquarters, Altec Lansing has offices in Walnut Creek Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , CA, Austin, TX Seattle, WA, Royston Herts, England, Hong Kong, Tokyo, a manufacturing facility in The People's Republic of China and an advanced Research and Development Center in Kfar Saba, Israel.
CONTACT: Altec Lansing Technologies Inc.
Andrew Bergstein, director of communications,
814/234-1230
FAX: 814/234-5880
andrew_bergstein@altecmm.com
or
Sharon Entenberg, communications coordinator,
717/296-1319
FAX: 717/296-6887
sharon_entenberg@altecmm.com
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