Micronetics Hires Chief Financial Officer.HUDSON, N.H. -- Micronetics, 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 :NOIZ) announced today that Diane L. Bourque has joined the company as Chief Financial Officer. Ms. Bourque brings with her over 20 years of financial experience to Micronetics. As CFO See Chief Financial Officer. , Ms. Bourque will be responsible for leading Micronetics' corporate finance, regulatory compliance, corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , accounting, strategic planning and analysis, treasury, tax, audit, and investor relations Investor relations The process by which the corporation communicates with its investors. . Most recently, Ms. Bourque served as Vice President and Controller at Presstek, Inc., a $270 million NASDAQ listed digital imaging company. At Presstek, she held responsibility for all aspects of financial reporting, including SEC reporting, corporate governance and regulatory compliance. During her 13-year tenure at Presstek, Ms. Bourque was credited with improving the company's business resource allocation and internal control processes during a period of significant growth. Prior to that, she held financial management and analytical positions at Digital Equipment Corporation and Centronics Data Computer Corp., both publicly held computer equipment manufacturers and with EKCO Group, a consumer product company. Ms. Bourque holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Southern New Hampshire University Southern New Hampshire University, also known as SNHU, is a private university in Manchester, New Hampshire. Their athletics name is "The [SNHU] Penmen". The University was founded in 1932 by Harry A.B. and a B.S. in Mathematics from the University of New Hampshire. David Robbins, President & 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 Micronetics, stated, "Diane brings great talent and experience both in finance and in business leadership within larger public companies. She posses a tremendous level of optimism, energy and passion for excellence which will give her the ability to contribute broadly to our finance, operations and business strategy." Micronetics manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Micronetics also manufactures and designs test equipment and components that test the strength, durability and integrity of communication signals in communications equipment. Micronetics serves a diverse customer base, including Aerosat, Airspan, BAE Systems, Boeing, EADS EADS European Aeronautic Defence and Space Company N.V. EADS Expeditionary Air Defense System (USMC) EADS Extended Air Defense Systems EADS Environmental Assessment Data System EADS Echelons Above Division Study , ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) , L-3 Communications, Lockheed Martin, Northrop Grumman, Qualcomm, Raytheon, Teradyne, Tektronix, Thales and UTStarcom. Micronetics also operates through its wholly owned subsidiaries, Enon Microwave, Inc.; Microwave & Video Systems, Inc.; Microwave Concepts, Inc. and Stealth Microwave, Inc. Additional information can be found on our website at www.micronetics.com. Some of the statements contained in this news release are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to the success of the products into which the Company's products are integrated, internal projections as to the demand for certain types of equipment, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, access to financial resources, future economic conditions generally, as well as other factors. The information in this release should be reviewed in conjunction with Micronetics' Annual Report for its fiscal year ended March 31, 2005. |
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