Avitar, Inc. names Neil R. Gordon to its board of directors.CANTON, MA--(BUSINESS WIRE)--June 11, 1997--Avitar, Inc. ("the Company") (Nasdaq SmallCap Market:AVIT AVIT Aarupadai Veedu Institute of Technology AVIT Audiovisual Instructional Technology (Common Stock); AVITW (Redeemable Warrants)) today announced the election of Neil R. Gordon to its Board of Directors. Mr. Gordon, 49, is President of N. R. Gordon & Company, Inc., a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . His election increases the size of Avitar's Board of Directors to five members. Mr. Gordon began his career with the accounting firm of Haskins & Sells and served as Director, Finance and Accounting, of Empire of Carolina, Inc. Mr. Gordon was associated with Ekco Group, Inc. (formerly Centronics Data Computer Corp.) for fourteen years, including eight years as Treasurer, before establishing N. R. Gordon & Company in 1995. Peter Phildius, Chairman and Chief Executive Officer of Avitar, stated, "Neil brings to our Board over twenty-five years of financial management experience. He has been involved with capital raising, acquisition and related activities for a number of emerging and mid- sized companies, where his financial strategies have created larger and better capitalized businesses. Neil will assist us in growing our company both internally and through acquisition, allowing us to leverage our already-strong management team." Mr. Gordon is a member of the Financial Executives Institute, serves on the Andover (Massachusetts) Commission on Disabilities and is a Director of the Andover Committee for a Better Chance. He received a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree from The Pennsylvania State University Pennsylvania State University, main campus at University Park, State College; land-grant and state supported; coeducational; chartered 1855, opened 1859 as Farmers' High School. in 1969. Avitar, Inc. designs, develops, manufactures and markets healthcare products, including a proprietary line of polyurethane wound care dressings and rapid diagnostic test products. The Company also provides healthcare cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. services to employers and third- party payers. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties as detailed from time to time in the Company's filings with the Securities and Exchange Commission. CONTACT: AVITAR, INC. Peter Phildius, Chairman of the Board (617) 821-2440 Jay Leatherman, Chief Financial Officer (203) 265-3594 |
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