Printer Friendly

TSI TelSys Announces Changes in Board of Directors.

COLUMBIA, Md.--(BUSINESS WIRE)--Oct. 13, 1999--

Montreal Exchange "TSI" - TSI TelSys Corporation announced today that Dr. Wan Muhamad Hasni Wan Sulaiman has resigned from the position as Chairman of the Board and from the Board of Directors and, subject to Montreal Exchange approval, that Mr. Mohd. Khalil Husain has been appointed to the Board and that Mr. Jamil Bidin had been appointed Chairman of the Board.

Mr. Jamil Bidin is the Group Chief Executive Officer of Abrar Group International Sdn. Bhd., the largest shareholder in TSI TelSys Corporation. The Abrar group is involved in financial services, infrastructure development, telecommunications, information technology, construction, property management and international trading.

Mr. Jamil Bidin was elected to the Board of TSI TelSys Corporation on May 31, 1999. He holds a M.B.A. in Finance from University of Hull, United Kingdom and has held various financial, managerial and executive positions in Malaysia companies over the past fifteen years.

Mr. Khalil Husain is the Deputy Group Chief Executive Officer of Abrar Group International Sdn. Bhd. He holds a M.B.A. in Finance from the University of Hull, United Kingdom and has held various financial positions at companies in Malaysia over the past 25 years, including senior positions at two finance companies during the last ten of these years.

Headquartered in Columbia, Maryland, TSI TelSys is a leading developer and manufacturer of high performance, multi-mission satellite data processing systems for ground station operations and satellite test and integration.

The Company's LavaLogic(TM) business unit is aimed at developing and marketing the next generation of high level electronic design automation (EDA) software for designers of integrated circuits and electronic systems.

Except for historical information contained herein, the matters discussed in this press release contain forward looking statements that, due to uncertainties, may differ materially from actual results.

Further information about TSI TelSys, including copies of press releases, may be found through the TSI TelSys Internet Web site at http://www.tsi-telsys.com. TSI TelSys Corporation is listed on the Montreal Exchange, under the trading symbol "TSI". LavaLogic is a trademark of TSI TelSys, Inc.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Oct 13, 1999
Words:349
Previous Article:PricewaterhouseCoopers and Carleton Announce Global Agreement To Solve Critical CRM Customer Data Management Obstacles.
Next Article:Stephen A. Wynn, Chairman of the Board and CEO of Mirage Resorts Inc., to Be Honored at a Night With the Friars Club.
Topics:


Related Articles
LavaLogic Speaker Featured at DAC Conference Standards Meeting.
TSI TelSys Sells LavaLogic for US$2.0 Million Cash.
TSI TelSys Announces Director Resignation.
TSI TelSys Signs Letter of Intent to Sell Operating Subsidiary.
TSI TelSys Sets Meeting Date; Board of Directors Supports Offer.
TSI TelSys Responds to Dissidents Information Circular.
TSI TelSys Appoints New Chairman, Advisors to Board and Announces First Quarter Financial Results.
TSI TelSys Appoints New Chairman, Advisors to Board and Announces First Quarter Financial Results.
Tropical Retains Merrill Lynch & Co.
Alanco Regains Nasdaq Shareholder Approval Rules Compliance.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters