Ariel appoints Brian Hoerl president and chief operating officer.CRANBURY, N.J.--(BUSINESS WIRE)--Sept. 19, 1996--Ariel Corporation (Nasdaq:ADSP ADSP - AppleTalk Data Stream Protocol ) today announced that Brian Hoerl has been appointed 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. effective immediately. Anthony M. Agnello, chairman of the board and chief executive officer previously held the president's title. Brian Hoerl, 41, joined Ariel in November, 1993 as a vice president of sales before his promotion to chief operating officer earlier this year. Hoerl held various sales and engineering positions at Siemens, Northern Telecom and Intel prior to joining Ariel. "This step reflects Ariel's rapid growth and its progress to maturation from an engineering centric to a market driven orientation. By Brian Hoerl assuming the duties of president, I will be able to focus my energies on leading Ariel in tandem with a very strong player who will run the day-to-day aspects of the company. "Brian has earned my trust and that of the Ariel team, and I am delighted to have him help me take Ariel to the next level," said Anthony M. Agnello, chairman of the board and chief executive officer of Ariel. Ariel is a worldwide expert in applying advanced technologies to create innovative products for emerging markets. Ariel's products service four market segments: Commercial-Off-The-Shelf (COTS) DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive , Computer Telephony Integration Computer Telephony Integration - Computer Telephone Integration (CTI), Machine Vision and Imaging, and ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line Data Communications. Ariel's success is rooted in engineering excellence. Founded in 1982, the company has played a leading role in the application and proliferation of digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). technology. In its 16-year history, Ariel has developed more than 30 new high-technology off-the-shelf products as well as numerous custom-designs. CONTACT: Ariel, Cranbury Anthony M. Agnello 609/860-2900 or Carl Hymans Polly Riemenschneider G.S. Schwartz & Co. 212/725-4500 |
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