American Bank Note Holographics Appoints New Executives; Adam Scheer Appointed Vice President of Corporate Development; Denise Banks Named Marketing Coordinator.Business Editors ELMSFORD, N.Y.--(BUSINESS WIRE)--May 16, 2001 American Bank Note Holographics, Inc. (ABNH ABNH American Bank Note Holographics, Inc ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ABHH) maker of holographic See holographic storage. security applications for counterfeiting protection and authentication of transaction cards, names Adam Scheer as Vice President of Corporate Development and Denise Banks as Marketing Coordinator. Mr. Scheer is responsible for strategic planning, financial analysis and investor relations Investor relations The process by which the corporation communicates with its investors. and will also work closely with the sales and marketing departments on new business developments. He will report directly to Kenneth Traub, 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. . Mr. Scheer's experience includes corporate finance and mergers and acquisitions at investment banks, Cowen & Company and Oppenheimer & Co. Mr. Scheer executed 20 transactions totaling over $1 billion dollars. Ms. Banks' responsibilities will include customer service, market development and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most . She will report to Michael Banahan, vice president of sales. Commenting on the appointments, Kenneth Traub, president and CEO said, "I would like to welcome Adam and Denise to ABNH. They bring diverse talents and expertise to our organization. I'm confident they will both be helpful in supporting our growth objectives." About ABNH American Bank Note Holographics (ABNH) is a world leader in the origination, production and marketing of holograms. The company's products are used primarily for security applications such as counterfeiting protection and authentication of transaction cards, identification cards, documents of value, and consumer and industrial products, as well as for packaging and design applications. ABNH is headquartered in Elmsford, NY. Additional information can be obtained at www.abnh.com ABNH Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This news release includes forward-looking statements that involve risks and uncertainties. Although the Company believes such statements are reasonable, it can make no assurance that such statements will prove to be correct. Such statements are subject to certain factors that may cause results to differ materially from the forward-looking statements. Such factors include the risk factors discussed in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, a copy of which may be obtained from the Company without charge. The Company undertakes no obligation to publicly release results of any of these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected results. This release and prior releases are available on the ABNH Web site at www.abnh.com and the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations Worldwide Web site at www.kcsa.com |
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