REMEC Names Thomas Waechter President and Chief Executive Officer.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- REMEC 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 :REMC REMC Regional Educational Media Center REMC Rural Electric Membership Cooperative REMC Roxio Easy Media Creator REMC Reliability Enhanced Memory Controller ) announced today that Thomas H. Waechter has been appointed president and chief executive officer, effective September 1, 2004. Waechter has been president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. since December 2002 and will assume the responsibility for all of REMEC's business units and staff functions world wide. Waechter was previously chief executive officer and a director of Spectrian Corp. (NASDAQ:SPCT SPCT Save Percentage (hockey goalie statistic) SPCT Simultaneous Prism & Cover Test (used in ophthalmology) SPCT Site Process Control Training ), from 2000 until Spectrian merged with REMEC in December 2002. Prior to Spectrian, Waechter spent 15 years with Asyst Technologies and Schlumberger Ltd. in executive global operations roles. He holds a BA in Business Administration from The College of William and Mary Noun 1. William and Mary - joint monarchs of England; William III and Mary II . About REMEC REMEC designs and manufactures microwave and millimeter wave subsystems used in the transmission of voice, video and data traffic over wireless communications networks and provides advanced integrated microwave subsystem solutions for defense and space electronics applications. REMEC is located at 3790 Via de la Valle, Del Mar, CA 92014. For more information, visit the company's Web site at http://www.remec.com or call 858-505-3713. Statements in this press release that are not historical are forward-looking statements, which involve known and unknown risks and uncertainties. Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including, general and industry economic conditions, competition, development factors, operating costs and other risks and uncertainties that are detailed from time to time in our filings with the Securities and Exchange Commission. REMEC is a registered trademark of REMEC Inc. Other brand or product names are registered trademarks or trademarks of their respective holders. REMEC Inc., 2004. All rights reserved. |
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