Performance Technologies Announces Senior Management Appointment.ROCHESTER, N.Y.--(BUSINESS WIRE)--July 15, 1998-- "......new executive sales position created to penetrate European marketplace..." Performance Technologies, 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 :PTIX) today announced the appointment of Mr. Nigel Offley as vice president of European sales effective July 1, 1998. In this newly created position, Mr. Offley will have sales responsibility for PTI's complete line of communications A route, either land, water, and/or air, that connects an operating military force with a base of operations and along which supplies and military forces move. Also called LOC. See also base of operations; route. and network switching products throughout the European region. "International sales represent a significant untapped opportunity for us," said Donald L. Turrell, 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 PTI PTI - Portable Tool Interface . "Our company has traditionally experienced approximately 10-12% of our revenue from business outside of North America. As a member of PTI's senior management team, Mr. Offley will be responsible for developing a much stronger presence for us in Europe. His experience in sales and sales management related to the communications and networking industries, coupled with his extensive business contacts in this region, will result in a highly concentrated effort to broaden market penetration for PTI's entire product line. Furthermore, we believe the addition of Mr. Offley to our organization will ultimately allow us to expand our sales and support operations in this vitally important region of the world." Mr. Offley's previous positions include sales director of Dean Microsystems and managing director of Acal Electronics. In both capacities, he was successfully involved in selling Performance Technologies' products. He holds a physics degree with honors from Loughborough University. In his new role, Mr. Offley will operate from PTI's European headquarters in the London metropolitan area. Performance Technologies, Inc., headquartered in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or , designs, manufactures and markets a wide variety of fault-tolerant, high-performance LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and WAN data communications, mass storage interface and networking system products. PTI's products are targeted towards high-performance, mission-critical networking solutions in industries such as telecommunications, financial services, transportation and defense industry applications. PTI is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (NASDAQ:PTIX).
CONTACT: Performance Technologies, Inc.
Dorrance W. Lamb
716-256-0200 ext. 276
dwl@pt.com
http://www.pt.com
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