DVI Names Joseph F. Malott Vice President Operations.DOYLESTOWN, Pa.--(BUSINESS WIRE)--Aug. 4, 1997--DVI Inc. (NYSE NYSE See: New York Stock Exchange : DVI (1) (Digital Video Interactive) An earlier compression technique that provided up to 72 minutes of full-screen video on a CD-ROM. Acquired by Intel in 1988 from RCA's Sarnoff Research labs, Princeton, NJ, DVI never caught on. ) has named Joseph F. Malott vice president operations. The announcement was made by DVI Executive Vice President Richard E. Miller, to whom Malott reports. DVI is the nation's leading independent financier of medical devices and other healthcare-related equipment. Malott, who has been with DVI since January 1994, was formerly the company's director of credit and documentation. In his new position, he will be responsible for DVI's operations, contract administration, documentation and collections. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Miller: "Joe Malott's extensive background in finance and administration makes him ideally suited to manage the many departments that comprise DVI's operations. These include preparation and support of documentation for all DVI financial transactions, cash management, and the supervision of DVI's entire loan portfolio." Malott has a B.A. in Business Administration from Villanova University Villanova University (vĭl'ənō`və), at Villanova, Pa., near Philadelphia; Roman Catholic; est. 1842 as a men's school, coeducational since 1967. , and is also a graduate of the Stonier Graduate School of Banking, Rutgers University. He has long served as a board member of the United Cerebral Palsy United Cerebral Palsy (UCP), sometimes known as United Cerebral Palsy Associations, is a network of affiliated groups in the United States which works to "advance the independence, productivity and full citizenship of people with disabilities" (from UCP's mission statement), Association of Philadelphia and helped organize this year's DVI-sponsored celebrity golf tournament for the benefit of UCPA UCPA United Cerebral Palsy Association UCPA Union Nationale des Centres Sportifs de Plein Air (French: Summer Outdoor Activities) UCPA Un Coup Par An UCPA University Counselling and Placement Association UCPA University Career Planning Association , which raised over $50,000. Malott resides with his spouse and daughter in Maple Glen, Pa. CONTACT: DVI Inc., Doylestown Steven R. Garfinkel, 215/345-6600 |
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