MDI Security Systems Announces the Appointment of Robert A. Schorr as Senior Vice President of Sales.SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. Security Systems, the foundation of MDI, 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 :MDII MDII Machine Detected Interoffice Irregularity ), a recognized leader in delivering open integrated access control, alarm management and video security solutions, today announced that it has appointed Robert A. Schorr as the new Sr. Vice President of Sales. Over the past eight months, Mr. Schorr has worked as an executive consultant to MDI, assisting the company in re-positioning their offerings in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. security market by negotiating contracts with large systems integrators, creating global market distribution strategies and spearheading the introduction of their new iTRUST(TM), ViewPoint(TM) and nTEGRITY(TM) product lines. He has also overseen the expansion of MDI's existing SAFEnet(R) Open System Integration (OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the ) Platform to the enterprise market. As a 16-year security industry veteran, Mr. Schorr has been involved in a wide range of management, operational and sales responsibilities during his career. These include product design, product development, product management, marketing, systems integration, management consulting and sales management. Most recently, Mr. Schorr was co-founder of RF Logics. At RF Logics, he assisted in successfully attaining both series A and B round financing while positioning the company in the international market as a leading provider of proximity readers, biometrics and access control products. "Over the last eight months, I've had the opportunity to work closely with every department in MDI while assisting in streamlining operational processes and strategically growing the dealer, integrator and distributor base," said Mr. Schorr. "In doing so, I validated that MDI is truly the world-class security company that I knew from years past. With some of the most experienced people in the business, a loyal customer base that has served as a foundation for their recent success and a `second-to-none' product portfolio, MDI is positioned to move to the forefront of the industry. "By implementing our new revenue growth plan and continuing to build the necessary global relationships as a cohesive team, our new sales organization will continue to provide integrated security control solutions that directly address the security challenges faced by government and commercial organizations of all sizes," he added. "We are excited that Mr. Schorr has decided to lead the new MDI sales organization and drive the execution of our corporate growth and expansion plans," stated J. Collier Sparks, President 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 MDI, Inc. "Besides his exceptional reputation and accomplishments as a professional sales leader, he adds a comprehensive and proven skill set to our executive team that will assist MDI in accomplishing our business objectives in regards to revenue generation, product enhancement, market penetration and operational development in both domestic and international markets," he added. About MDI, Inc. For over 25 years, MDI (NASDAQ:MDII) has been protecting their clients' people, facilities and assets by manufacturing innovative and dependable integrated security software and hardware solutions that can be comprehensively managed from a centralized point of command and control. The MDI product family currently protects over 8 million alarm points across the globe for many of the world's most recognized organizations including Microsoft, MBNA MBNA Monument Builders of North America MBNA Mercedes-Benz North America MBNA Maryland Bank, National Association MBNA Maryland Bank North America MBNA Mount Baker Nurses Association (Bellingham, Washington) Worldwide, John Deere, Pepsi, FBI, US Secret Service, Fidelity Investments, Bureau of Engraving & Printing, Southwestern Bell, Department of Defense, IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. , NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. , Disney and the Smithsonian Institution to name a few. For more information on MDI Security Systems including its SAFEnet, iTRUST, ViewPoint and nTEGRITY product lines, please visit www.mdisecure.com. Forward-Looking and Cautionary Statements Except for historical information and discussions contained herein, certain statements included in this press release may constitute "forward-looking statements" within the meaning 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. These statements include a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission. |
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