David Walker Resigns as Chief Financial Officer of LCC International.Business Editors/Hi-Tech Writers MCLEAN, Va.--(BUSINESS WIRE)--Oct. 8, 2002 LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. International, 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 :LCCI LCCI London Chamber of Commerce LCCI Lahore Chamber of Commerce and Industry LCCI Liberal Catholic Church International LCCI Lambda Car Club International ) a global leader in wireless voice and data turn-key technical consulting services, announced today that its Chief Financial Officer, David N. Walker, is resigning his position, effective November 15, 2002 to assume the role of Vice President and Controller of a large government services company. Mr. Walker will be with the Company through the reporting period and will be conducting the normal certification process. C. Thomas Faulders, III, Chairman 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. of LCC said, "We regret Dave's resignation but understand his wish to return to the government sector. Dave has made significant contributions during his tenure and through his efforts he is leaving LCC in a very strong financial position. We appreciate and thank him for all of his hard work and dedication while at LCC and wish him all the best." Mr. Faulders continued, "We are currently reviewing candidates for the position and I anticipate announcing Dave's replacement shortly. In the mean time, I will be working closely with Dave and the financial organization to ensure a smooth transition." About LCC LCC International, Inc. is a global leader in voice and data design, deployment and management services to the wireless telecommunications industry. A pioneer in the industry since 1983, LCC has performed technical services for the largest wireless operators in North and South America, Europe, The Middle East, Africa and Asia. The Company has worked with all major access technologies and has participated in the success of some of the largest and most sophisticated wireless systems in the world. Through an integrated set of technical business consulting, training, design, deployment, operations and maintenance services, LCC is distinct in its ability to provide comprehensive turnkey services to wireless operators around the world. News and additional information are available at www.lcc.com. Statements included in this news release which are not historical in nature are forward-looking statements made pursuant to 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 including, without limitation, statements regarding increased demand for the Company's services, the Company's ability to secure new business, and those factors highlighted in LCC International, Inc.'s Annual Reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , which could cause the Company's actual results to differ materially from forward-looking statements made by the Company. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion