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Clifford J. Brockmyre named president and chief operating officer of Infinite Machines Corp.


INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Nov. 9, 1995--The board of directors of Infinite Machines Corp. (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
:IMCI IMCI Integrated Management of Childhood Illness ) Thursday announced that Clifford J. (Kip) Brockmyre, 54, president of the company's Laser Fare Inc. subsidiary and a member of the board since Infinite acquired Laser Fare in June 1994, has been named 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 Infinite Machines.

Founder and former president Carle C. Conway, who continues as the company's chairman and chief executive officer, said, "This new management structure will enable us to execute our strategic plan more efficiently.

"Kip Brockmyre and I will be working in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem"
tandem
 to achieve our growth objectives through a combination of internal development programs, strategic agreements, partnerships and acquisitions that complement our core technologies."

"Our near-term strategy is to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 expansion opportunities in laser materials processing Articles on Materials processing include:
  • process (engineering) a set of transformations of input elements into products
  • industrial process, a procedure involving chemical or mechanical steps to aid in the manufacture of an item or items
 and the exploitation of new concepts developed by our Advanced Technology Group. Laser material processing, which is contract manufacturing for such products as medical devices and turbine engines, is gaining broader acceptance. Our plan is to accelerate this growth through internal expansion and possible acquisition," said Brockmyre.

Noting that the company's Advanced Technology Group is involved in programs to develop new laser applications and advanced manufacturing techniques, Brockmyre said, "The challenge is to move exciting new technical developments from the laboratory into profitable commercial applications."

He added that projects currently under way include improved methods for electronic circuit board processing, jet engine ignition systems production, high temperature metal coating processes and precision forming of difficult-to-fabricate materials. Commercialization of these developments may involve joint ventures or strategic alliances with larger companies, he continued.

Infinite Machines is a technically diversified company diversified company

A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a
 with interests in laser technology, advanced manufacturing methods and rotary engines for the marine and recreational vehicle markets.

CONTACT: Infinite Machines Corp., Incline Village

Carle C. Conway, 702/831-4680
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 9, 1995
Words:302
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