Electronic Identification, Inc. is Pleased to Announce Appointment of Brad Partridge to President/CEO and the Election of Rear Admiral Stuart Platt as Chairman.Business Editors SEATTLE--(BUSINESS WIRE)--Sept. 18, 2003 Electronic Identification, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EIDT EIDT External Interface Data Table .PK), developer of Smart ID Card technology, announced today that Mr. Brad Partridge has been elected by the Board of Directors to serve as President and Chief Executive Officer. Mr. Partridge previously held a Sr. Vice President position with the company and replaces Mr. Terry Kirby Terry Gayle Kirby (born January 20, 1970 in Hampton, Virginia), is a former professional American football player who played ten seasons in the NFL from 1993 to 2002. A 6'1" running back from the University of Virginia, Kirby's best year as a pro came during the 1995 season as a who has resigned to pursue other opportunities outside of the company. Mr. Partridge stated, "We are grateful for the years of executive leadership Mr. Kirby has provided Electronic Identification, Inc. We wish him well in his future endeavors." Mr. Partridge added that he is excited to bring a new direction to the company stating, "It is going to be an exciting process implementing fresh directions for the company to develop new revenue streams and increase shareholder value." The company is also pleased to announce the election of Rear Admiral Stuart Platt (USN Ret.) as Electronic Identification, Inc.'s Chairman of the board of directors, effective September 15, 2003. Admiral Platt has completed a distinguished career in the military followed by an equally successful career in business. Appointed under President Reagan as the Navy's first Competition Advocate General, he led an historic reform program to improve the way the navy buys ships, aircraft, and weapons systems. He was also Deputy Commander of the Naval Sea Systems Command The Naval Sea Systems Command (NAVSEA) is the largest of the U.S. Navy's five "systems commands," or materiel organizations. NAVSEA consists of four shipyards, eight "warfare centers" (two undersea and six surface), four major shipbuilding locations and the NAVSEA headquarters, , where he oversaw the acquisition of Navy surface ships and submarines. Admiral Platt is a highly decorated Vietnam veteran. After retiring from the military, Admiral Platt joined DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services , a NYSE-traded leader in the defense electronics industry, where he led and successfully grew the DRS Data Systems Group as President. Admiral Platt is the Chairman of the Wornick Co. of Cincinnati, a leading supplier of combat rations and humanitarian feeding programs for the Department of Defense. Admiral Platt is also the author of "The Armament Tide: Rearming re·arm v. re·armed, re·arm·ing, re·arms v.tr. 1. To arm again. 2. To equip with better weapons. v.intr. To arm oneself again. America". "It is truly an honor to have Admiral Platt contribute his tremendous leadership experience to the development of our company," stated Mr. Partridge. Electronic Identification, Inc. has relocated its business offices, with principal headquarters now located in Washington, with the address 7203 W. Deschutes Avenue, Suite B, Kennewick, WA 99336. The company's new telephone number is (509) 736-7000. Forward-looking statements in this release are 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks. |
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