Andrew Scelba Joins WTT Board.Business Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--Jan. 23, 2003 Wireless Telecom Group, Inc. (AMEX AMEX See: American Stock Exchange Symbol: WTT WTT Want To Trade WTT World Team Tennis WTT Well-To-Tank WTT White Trailer Trash (gaming clan) WTT Weapon Tactics Trainer WTT Web Technology Training (Alcan Aluminum Corporation) WTT Wyoming Travel & Tourism ), announced today that Andrew Scelba has recently joined its Board Of Directors. At the same time the Company thanked retiring Director, Dick Eden, for his ten years of outstanding service to the Board and Shareholders of Wireless Telecom Group. Edward Garcia, 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. said, "We are delighted to have Mr. Scelba join our Board of Directors. He has helped promote the Company for a long time. Additionally, his wealth of experience in our industry and general business expertise will be a great asset to the Board and WTT as a whole. We look forward to his input during these challenging times." Mr. Scelba has more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of experience in the marketing and advertising of RF, microwave and telecommunications products. Though retired from SSD&W Integrated Marketing Communications Integrated Marketing Communications Definition The American Marketing Association suggests that integrated marketing communications (IMC) is “a planning process designed to assure that all contacts received by a customer or prospect for a product, service, or , which he founded, Mr. Scelba continues to consult for them. His experience will add another perspective to the Board. Wireless Telecom Group, Inc. is a global provider of electronic noise generation equipment in the telecommunications field. Boonton Electronics Boonton Electronics is an American manufacturer of electronic test equipment. Originally founded in 1947 in Morris Plains, New Jersey, they are now located nearby in Parsippany. Boonton became a wholly owned subsidiary of the Wireless Telecom Group in 2000. , a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , is a leader in the manufacture of test equipment dedicated to measuring the power of RF and Microwave systems used in multiple telecommunication markets. Microlab/FXR, a wholly owned subsidiary, is a global provider of passive microwave components including power splitters, directional couplers and filters. These products are employed as system components in commercial applications such as wireless base stations for cellular, paging and private communications, in-building wireless signal distribution, television transmitters and aircraft navigation landing systems. Microlab/FXR products are also used in military systems such as electronic countermeasures and missile guidance. Except for historical information, the matters discussed in this news release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. Such risks and uncertainties are identified in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2001 and Forms 10-Q for 2002. |
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