Astro Sciences Appoints Interim President CEO; Board Expanded by Two Seats.CHATSWORTH, Calif.--(BUSINESS WIRE)--August 17, 1995--Astro Sciences Corp. (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 : AOSC AOSC All Ohio Scanner Club (listeners to shortwave radio) ) announced the first in several planned management and Board additions, all of which, stated a company spokesman, are designed to strengthen the Company. The Board has recently been expanded by two seats. The first vacancy will be filled by Gerald Sayer, Ph.D. who will also assume the position of Interim President and Chief Executive Officer. In that capacity, Dr. Sayer will oversee the operational affairs of the Company. This move will permit A. Charles Lubash, who has served as 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. since 1991, to move to the position of Vice Chairman and concentrate his efforts on corporate development and planning for the Company. Dr. Sayer was formerly CEO of Development Science Corp. and Chairman of Lear Astronics Corp., both subsidiaries of GEC GEC Gaseous Electronics Conference GEC Gigabit EtherChannel GEC Geriatric Education Center (US government; HRSA) GEC General Electric Co. GEC Google Earth Community (online community) ,PLC. He earned his Ph.D. at Northwestern University Northwestern University, mainly at Evanston, Ill.; coeducational; chartered 1851, opened 1855 by Methodists. In 1873 it absorbed Evanston College for Ladies. in Aeronautical Engineering aeronautical engineering: see engineering. Aeronautical engineering That branch of engineering concerned primarily with the special problems of flight and other modes of transportation involving a heavy reliance on aerodynamics or . Dr. Sayer stated that he was attracted to Astro Sciences by the Company's potential in the expanding networking market and its reputation in remote access technology. Lubash stated that these moves are designed to place the Company in an advantageous position as the market for network remote access and application servers expands. Astro Sciences Corp. manufactures gateways and servers for Local Area Networks, LANs, and Wide Area Networks, WANs. CONTACT: Astro Sciences Corp. John Grady, 818/709-1778 or Strategic Growth International Inc. Richard Cooper/Stanley Altschuler 516/829-7111 |
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