Bruce D. Cowen joins Board of Directors of Base Ten Systems as Vice Chairman.TRENTON, N.J.--(BUSINESS WIRE)--May 28, 1996--Mike Kranzler, Chairman 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 Base Ten Systems, Inc. (NASDAQ-NMS:BASEA BASEA Boston Area Solar Energy Association ), announced today that Bruce Cowen, President and a director of TRC TRC Noun (in South Africa) Truth and Reconciliation Commission: a commission which encourages people who committed human rights abuses or acts of terror during the apartheid era to reveal the truth about their crimes in return for immunity from prosecution Companies, Inc. (NYSE NYSE See: New York Stock Exchange :TRR TRR Transportation Research Record (Journal) TRR Test Readiness Review TRR Target Ranging Radar TRR Total Rate of Return TRR Taiwan Research Reactor ), Windsor, Connecticut Windsor was the first English settlement in the State of Connecticut, the 5th Colony to receive Statehood in the United States of America. Windsor is a suburban community in Hartford County, adjacent to the north to Connecticut's Capital, Hartford, with a relatively diverse , has agreed to join Base Ten's Board of Directors as Vice Chairman. Cowen is a member of the Board of Directors of the U.S. Chamber of Commerce The U.S. Chamber of Commerce is the world's largest not-for-profit federation of businesses, representing more than 3 million businesses and organizations in the United States. As of 2003, the chamber was comprised of 3000 state and local chambers and 830 business associations. and a major Base Ten shareholder since 1991. Cowen joined TRC Companies, Inc. in 1979 and became president in 1992. During his tenure, TRC has grown from approximately $5 million in annual revenues to over $93 million, both from internal growth and through acquisitions developed largely with his efforts. Kranzler said, "Bruce has been a long-time friend and supporter of Base Ten and my principal advisor on financial matters. He is an internationally known, forceful, and successful business leader. His presence on the Board strengthens our leadership and gives us the benefits of more of his time and counsel. Now that we are gathering strength for a major thrust in the Manufacturing Execution Systems market, Bruce's experience and creativity will be of special value. We welcome him and look forward to a long and successful association." Cowen replaced Don Daniels who is retiring from the Board. Mike Kranzler was quoted as saying, "Don came to us as a former Chairman and CEO of Blue Cross of New Jersey when we badly needed some outside advice and guidance. His service on the Board was particularly valuable, both then and now, and we will miss his participation." Current Board members include Alex Adelson, the company's Chief Technical Consultant, Alan Eisenberg, President of the Medical Technology Division, Edward Klinsport, President of the Government Technology Division, Alan Poole, formerly Vice President of Johnson & Johnson, and Kranzler. Base Ten Systems, Inc. is a diversified technology company concentrating on safety critical products in Manufacturing Execution Systems, medical imaging software, and weapons control systems. CONTACT: Base Ten Systems, Inc. Edward J. Klinsport, 609/586-7010 or Strategic Growth International, Inc. Richard E. Cooper, 516/829-7111 |
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