Benthos Appoints Ronald L. Marsiglio President/CEO.Business Editors NORTH FALMOUTH, Mass.--(BUSINESS WIRE)--May 22, 2001 Benthos benthos: see marine biology. , 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 : BTHS BTHS Brooklyn Technical High School BTHS Barth Syndrome BTHS Bartram Trail High School (Jacksonville, Florida) BTHS Brick Township High School (New Jersey) ) announced today that its Board of Directors has appointed Ronald L. Marsiglio, President and Chief Executive Officer of Benthos. Benthos Chairman, Stephen D. Fantone, stated, "We are extremely pleased to have Mr. Marsiglio join Benthos. He is an experienced and accomplished business executive who can provide leadership and vision for the organization. He has a proven track record for successfully growing manufacturing organizations. The Board believes that Benthos is fortunate to have engaged such an outstanding and experienced individual." Mr. Marsiglio commented, "I am pleased to be joining Benthos, a high technology company with a rich history of innovation in the oceanographic and package inspection industries. The capability and dedication of the Benthos staff certainly provides the Company with the opportunity to continue to develop innovative new products for these exciting markets and to return to the path of profitable growth. I am looking forward to the opportunity to lead this team." Mr. Marsiglio graduated from the University of Illinois University of Illinois may refer to:
abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Loyola University of Chicago Loyola University of Chicago, at Chicago; Jesuit; coeducational; est. 1870 as St. Ignatius College, present name adopted 1909. It has a liberal arts college and a graduate school, as well as schools of medicine, dentistry, nursing, social work, law, business . He spent most of his career with Philips Electronics working in the consumer electronics industry, where he held positions in product development and marketing including the position of Vice President of Marketing for the Magnavox and Philips brands. In 1995, Mr. Marsiglio was promoted from his position as General Manager of the Philips North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Television Business to become 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. of Philips Automotive Electronics. Mr. Marsiglio most recently served as President and CEO of VDO VDO Vereinigte DEUTA-Ota (Villingen, Germany; gauge manufacturer founded 1929) VDO Varus Derotation Osteotomy VDO Very Distant Object(s) VDO Voltage Drop-Out VDO Video Data Organization North America, a major manufacturer of electronic components for automotive OEM's. Benthos, Inc., through its Undersea Systems Division, designs, manufactures, sells and services a variety of oceanographic products for underwater tasks; and through its TapTone Package Inspection Division makes systems for testing consumer packages made of glass, metal or plastic. The common stock of the Company is traded on the Nasdaq Small Cap market under the symbol BTHS. For more information, Benthos can be found on the Internet at www.benthos.com. Forward Looking Statements The statements in this news release and in oral statements which may be made by representatives of the Company relating to plans, strategies, economic performance and trends and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Federal Securities Laws. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors which include: the timing of large project orders, competitive factors, shifts in customer demand, government spending, economic cycles, availability of financing as well as the factors described in this news release. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described herein as anticipated, believed, estimated, expected or intended. |
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