Daniel E. Moore named chief executive officer of SSE Telecom Inc.VIENNA, Va.--(BUSINESS WIRE)-- May 22, 1997-- SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the Telecom Inc. (NASDAQ/NMS:SSET SSET Superconducting Single-Electron Transistor SSET Source Selection Evaluation Team SSET School Self Evaluation Tracker (UK) SSET Source Selection Evaluation Test SSET Shipboard Security Engagement Tactics (US Navy) ) Thursday announced that Executive Vice President and Chief Financial Officer Daniel E. Moore Moore, city (1990 pop. 40,761), Cleveland co., central Okla., a suburb of Oklahoma City; inc. 1887. Its manufactures include lightning- and surge-protection equipment, packaging for foods, and auto parts. has been named chief executive officer effective immediately. The company also announced that Frederick C. Toombs has resigned his position as president of SSE Telecom effective on June 30, 1997. In his resignation, Toombs indicated that he wished to reduce his responsibilities and the amount of time devoted to the company's affairs. Toombs will remain a member of SSE's board of directors and will assist management during a transition period. Toombs has been president of SSE since February 1994 and has been the president of the company's principal operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , SSE Technologies, since its formation in 1988. "Fred Toombs has made many invaluable contributions to SSE's growth since he joined the company in 1988 with the acquisition of SSE's satellite communications equipment business. We are fortunate to continue to benefit from Fred's knowledge and expertise in the satellite communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. as a member of the company's board of directors," Moore said. Moore, 43, has served as executive vice president and chief financial officer of SSE Telecom since February 1994. "One of our highest near-term priorities is to further expand SSE's management team. We expect to welcome additional senior operating, sales and marketing and engineering executives to the company in the future," Moore said. SSE Telecom is a leading satellite earth station component and system manufacturer. To date, more than 30,000 of SSE's transceivers or modems have been installed in satellite earth stations in more than 110 countries worldwide. -0- The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. with respect to events, the occurrence of which involve risks and uncertainties, including, without limitation, demand and competition for the company's products and other risks or uncertainties detailed in the company's Securities and Exchange Commission filings. CONTACT: SSE Telecom Inc., Vienna Daniel E. Moore, 703/442-4503 www.sset.com or Neil G. Berkman Associates, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. 310/277-5162 |
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