American Bank Note Holographics, Inc. Announces Changes To Its Board of Directors.ELMSFORD, N.Y.--(BUSINESS WIRE)--April 23, 1999-- Salvatore F. D'Amato Appointed Chairman and Kenneth H. Traub Joins Board American Bank Note Holographics, Inc. (NYSE NYSE See: New York Stock Exchange : ABH ABH Actual Bodily Harm ABH American Board of Hypnotherapy ABH Anywhere But Here (fan fiction mode) ABH Agentschap voor Buitenlandse Handel ABH Aviation Boatswain's Mate (aircraft handling) ) announced that Salvatore F. D'Amato was appointed Chairman of the Company's Board of Directors. The Company also announced that Kenneth H. Traub, the Company's President and 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. , joined the Board of Directors. Mr. D'Amato commented, "I am delighted to be assuming a more active role with American Bank Note Holographics once again. I look forward to working closely with Mr. Traub to help build upon the Company's leadership position in the secure holographics industry." Mr. D'Amato joined the American Bank Note Holographics Board of Directors on March 26, 1999. He was Chairman and President of the Company from 1983 to 1990, and he has been a senior executive or consultant in the holographic See holographic storage. , security printing and related industries for over 30 years. Mr. Traub was named President and Chief Operating Officer of ABH on February 3, 1999. Mr. Traub was previously co-founder, Executive Vice President, Chief Financial Officer and Secretary of Voxware, Inc. and Vice-President of Trans-Resources, Inc. Mr. Traub earned a Masters in Business Administration from the Harvard Graduate School of Business Administration in 1988. American Bank Note Holographics is a world leader in the origination, production, and marketing of mass-produced secure holograms, based on its significant market share. The Company's holograms are used for security applications, such as counterfeiting counterfeiting, manufacturing spurious coins, paper money, or evidences of governmental obligation (e.g., bonds) in the semblance of the true. There must be sufficient resemblance to the genuine article to deceive a person using ordinary caution. protection for credit and other transaction cards, identification cards and documents of value; as well as for tamper resistance Tamper resistance is resistance to by either the normal users of a product, package, or system or others with physical access to it. There are many reasons for employing tamper-resistance. and authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. of high-value consumer and industrial products. Certain matters in this press release contain forward looking statements that involve risk and uncertainties including, but not limited to, future revenues, earnings prospects and the Company's ability to execute its business plan. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that anticipated results will occur. |
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