DPAC Technologies Strengthens Board of Directors with New Independent Board Member.Business Editors/High-Tech Writers GARDEN GROVE Garden Grove, city (1990 pop. 143,050), Orange co., S Calif., a suburb of Long Beach and Los Angeles, on the Santa Ana River; founded 1877, inc. 1956. Many of its residents work in nearby aerospace and defense installations, and there is light manufacturing. , Calif.--(BUSINESS WIRE)--April 24, 2003 -- Mr. Creighton (Kim) Early joins DPAC DPAC Denver Performing Arts Complex (CO, USA aka: DCPA) DPAC Deferred Policy Acquisition Costs (insurance) DPAC District Parent Advisory Committee DPAC Dover Partnership Against Crime board as independent member -- DPAC exceeds requirements of Sarbanes-Oxley Act See SOX. in independence and financial expertise for the DPAC Technologies Board DPAC Technologies 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 :DPAC), a provider of patented stacking technology for high-density, space-saving specialty electronic components, today announced that Mr. Kim Early, 50, has joined the DPAC Technologies Board of Directors. Mr. Early is currently a Consulting Principal for the Environmental Financial Consulting Group in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . "I believe Kim will make a substantial contribution to the DPAC Board," stated Dick Dadamo, chairman. "He has extensive financial and operational experience in public enterprises, mergers and acquisitions, SEC reporting, and strategic planning. We are pleased to have Kim join our board." "Joining the DPAC Board at this time is tremendously exciting," said Early. "DPAC has seen some very good successes in its stacking technology and is now stepping forward into the wireless market with a new product line. The Company is also looking at other opportunities for its growth. My job will be to support the management team and to assure that the Company achieves its strategic goals." Mr. Kim Early is currently a principal consultant for the Environmental Financial Consulting Group. Prior to this, from 1988 to December 2002, Mr. Early served at Earth Tech, Inc. originally as its chief financial officer and finally as the president of the Global Water Management Division. Earth Tech was a NASDAQ company until it was purchased by Tyco International, Ltd in 1988. Earth Tech grew from a $40 million government missile contractor to a $1.3 billion industry-leading engineering, facilities operations and environmental consulting firm with 7000 employees in more than 100 offices. Prior to Earth Tech, Mr. Early served in various financial management positions at several companies. He holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. and received 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. Certificate in Ohio. About DPAC Technologies Based in Garden Grove, California Garden Grove is a city centrally located in northern Orange County, California, United States. As of 2004, the city population was 170,000 people. California State Route 22, also known as the Garden Grove Freeway, passes through the city from east to west. , DPAC Technologies provides patented component packaging technology to create high-density, space-saving surface mount electronic components. DPAC's products are used in electronic circuits found in network servers, computer storage devices, guidance systems, medical instrumentation, and communication devices. The Company provides outsourced engineering design services to aid customers in creating cost-saving circuit designs as well as contract manufacturing of prototype designs and medium volume production runs of assembled circuit boards. The Company's web site address is www.DPACTech.com. Forward-Looking Statements This press release includes forward-looking statements, including statements regarding management's current beliefs concerning the Company's; market, technology development, expansion and business plans, the initial success of the DuraStack(TM), the maturing of the stacking marketplace and competition, risks of introducing new technologies, relationships in price parity of existing technology with future technology, and the need for a number of wireless product lines. Every statement herein that is not historic in nature is a forward-looking statement for purposes of the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of 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. Such statements involve risks and uncertainties, which may differ materially from those set forth in these statements. Factors that affect DPAC's business include, but are not limited to; the success of patented products, future business opportunities with products, the semiconductor market, protection of technology or proprietary rights, risks of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , and general market and economic conditions. This is not en exclusive and exhaustive statement of the risks and uncertainties. More information about the risks and challenges faced by DPAC Technologies Corp. is contained in the Securities and Exchange Commission filings made by the Company available at www.sec.gov. DPAC Technologies Corp. specifically disclaims any obligation to update or revise any forward-looking statements whether as a result of new information, future developments or otherwise. Risks are subject to change. We do not undertake to update you as our beliefs or future information except as required by law. |
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