Blonder Tongue Announces Hiring of Vice President of Sales.Business Editors OLD BRIDGE, N.J.--(BUSINESS WIRE)--April 19, 2004 Blonder Tongue Laboratories, Inc. (AMEX AMEX See: American Stock Exchange : "BDR BDR Border BDR Bangladesh Rifles (military forces in Bangladesh) BDR Backup Designated Router (networking) BDR Bombardier (artillery rank) BDR Backup Disaster Recovery ") today announced today that Peter F. Daly, Jr. has joined the Company as Vice President, Sales. Mr. Daly brings over 30 years of experience in the cable television industry, resulting in a breadth of knowledge and skills in sales, operations and technical services. Mr. Daly will play an integral part in the day-to-day operations with primary responsibility to provide leadership of the Company's sales activities. "In hiring Pete, Blonder Tongue continues its commitment to provide our customers with compelling products and services. Creating this new role enhances the management team and increases its focus on key sales opportunities." James A. Luksch, Chairman and Chief Executive Officer commented, "Pete's extensive experience gives him the tools to quickly help Blonder Tongue continue to evolve as a market leader. He brings strong leadership, technical skills and innovative thinking to our Company." Prior to joining Blonder Tongue, Pete was the co-founder, Senior Vice President and Chief Technology Officer at Lamont Digital Systems Lamont Digital Systems is a privately-held company founded in 1984 by Ned Lamont, who most notably was the Democratic Party nominee for U.S. Senate from Connecticut in 2006. , Inc. (LDS LDs See: Liquidated damages ). As CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Pete's group designed over 100 fiber-to-the-home (FTTH (Fiber To The Home) See FTTP. ) video, voice and data systems. GateHouse Networks, the residential division of LDS, built and operates some of the nation's first FTTH networks and had contracts with major telecommunication companies to provide video on their FTTH platforms. Pete was also the Vice 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. of the Campus TeleVideo division of LDS for eight years where was responsible for the growth of the cable integration business. Blonder Tongue Laboratories is a designer, manufacturer, and supplier of a comprehensive line of electronics and systems equipment for the franchised and private cable television industries. Founded in 1950, Blonder Tongue offers a comprehensive product line and has grown to be one of the leaders in cable television equipment manufacturing. For more information regarding Blonder Tongue or its products, please visit the Company's Internet site at www.blondertongue.com or contact the Company directly at (732) 679-4000. "Safe Harbor" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The information set forth above includes "forward-looking" statements and accordingly, the cautionary statements contained in Blonder Tongue's Annual Report and Form 10-K for the year ended December 31, 2003 (See Item 1: Business and Item 7: Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words "believe", "expect", "anticipate", "project", and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue's actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue's "forward-looking" statements. |
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