Carpenter Technology Elects Pratt to Board.Business Editors NOTE TO MEDIA: Multimedia assets available Carpenter Technology Corp. (NYSE NYSE See: New York Stock Exchange :CRS CRS Course CRS Certified Residential Specialist (real estate certification) CRS Central Reservation System CRS Can't Remember Stuff (polite form) CRS Cost Reduction Strategy CRS Consumer Relations Specialist ) announced today that Greg Pratt, vice chairman and a director of OAO Technology Solutions, 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 :OAOT), has been elected to the engineered materials company's Board of Directors. Carpenter now has 14 directors on its Board, 12 of them outsiders. Pratt, 53, joined OAOT, an information technology (IT) solutions and professional services company based in Greenbelt, Md., in 1998 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. . OAOT acquired a software engineering firm that Pratt had founded, Enterprise Technology Group, that year. Pratt was named vice chairman of OAOT in April and is now responsible for corporate development. Previously Pratt had served as 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 Intelligent Electronics, Inc. (1991-1996), a $3.3 billion provider of personal and mid-range computer products and professional (IT) services, and co-founder, president and chief financial officer of Atari Computer Corporation (1984-1991). A CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , he also has worked for a national accounting firm (1976-1979). Pratt holds a bachelor's degree in Business Administration from Cheyney University and an MBA from University of Pennsylvania's Wharton School of Business. He is a director of Elderport Inc., a healthcare software solutions firms, and the U.S. Chess Center, a non-profit educational concern. OAOT is a global provider of IT solutions that address enterprise-wide challenges of Fortune 1000 companies, mid-market organizations, and government agencies. The company employs 2,400, in more than 200 locations worldwide, and had sales of approximately $165 million in 2001. Carpenter, based in Wyomissing, Pa., is a leading manufacturer and distributor of specialty alloys and various engineered products. Carpenter had sales of $1.3 billion in fiscal 2001 (ended June 30, 2001). More information about Carpenter is available at www.cartech.com. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.070902/bb14 |
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