Applied Cellular announces appointment of David A. Loppert as chief financial officer effective Feb. 3, 1997;.NIXA, Mo.--(BUSINESS WIRE)--Jan. 23, 1997-- New CFO See Chief Financial Officer. brings over 18 years of audit, financial operating controls, and acquisition due-diligence experience to the company Applied Cellular Technology Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACTC ACTC Apple Certified Technical Coordinator ACTC Almaden Cycle Touring Club ACTC Associated Colleges of the Twin Cities ACTC All Ceylon Tamil Congress (Sri Lanka) ACTC Association Canadienne de Télévision par Câble ) today announced that it has appointed David A. Loppert as chief financial officer, effective Feb. 3, 1997. Loppert has over 18 years of experience in financial executive positions, six of which were as a senior manager with Price Waterhouse in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and in international offices. Richard J. Sullivan, chairman and chief executive officer of Applied Cellular, commented that Loppert will play an invaluable role with ACTC, especially as the company continues to expand its operational base via acquisitions and internal subsidiary alignment throughout 1997. "David Loppert will be instrumental to the company's continued profitable future growth. His expertise and hands-on knowledge in the areas of acquisition, due-diligence and financial budgeting control development will be a welcomed addition to the company as we continue to pursue opportunities in both cellular and manufacturing/service sectors throughout 1997." Applied Cellular Technology Inc. is a diversified cellular communications technology company specializing in RF Wireless data communications. CONTACT: REOVEST Inc., Investor Relations Investor relations The process by which the corporation communicates with its investors. and Business Consultants, Golden, Colo. Bob Oberndorf, 303/642-0073 |
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