ODETICS EARNS THIRD CONSECUTIVE LISTING IN 'THE 100 BEST COMPANIES TO WORK FOR IN AMERICA'
ANAHEIM, Calif., Jan. 22 /PRNewswire/ -- Today, when journalists Robert Levering and Milton Moskowitz release the third edition of their 1984 best seller, "The 100 Best Companies to Work for in America," Odetics (AMEX: O.B, O.A) will have the distinction of being one of the few companies with a repeat listing. Only 55 companies from the 1984 edition remain on the 100 Best listing. Odetics has been in all three of the book's editions. "The 100 Best Companies to Work for in America" rates companies across the nation on pay and benefits, chances to move up, openness and fairness, and workplace pride. The authors interviewed thousands of employees throughout the country to come up with a roster of firms where people are happy to work because they are treated with respect. Chairman of the Board and Chief Executive Officer Joel Slutzky credits the authors' selection of Odetics to the company's communication program. "In good times and bad, we openly communicate with our associates," explains Slutzky. "We have regular town hall meetings, information exchanges, and a general open-door policy designed to invite two-way communication. Most of our programs and policies are the result of suggestions from associates." While Odetics is often noted as having a fun working environment, Slutzky stresses that associates work very hard to meet company goals. "To focus only on the company's fun activities tells only half of the story," says Slutzky. "We work very hard, and we try to have a good time in the process." Odetics was one of the first companies with a company gym and fitness director and an on-site swimming pool at its headquarters. It is also known for its off-beat activities; for example, earlier this week the company called for an end to the rainy weather by having its officers don umbrella hats and staff the company cafeteria to serve free ice cream "sun days." Odetics employs approximately 600 associates at its headquarters in Anaheim and at satellite facilities located in El Paso, Texas and Reading, England. The company was founded in 1969 to design and produce high-reliability space tape recorders. Today, however, Odetics has five major operating divisions for markets including television broadcast, computer mass storage and video security. For more information or for an interview with a company official, contact Holly Barnett, public relations manager, 714-774-5000. -0- 1/22/93 /EDITOR'S NOTE: B-Roll available upon request./ /CONTACT: Holly L. Barnett, public relations manager of Odetics, 714-774-5000; or Gail Rentsch of Doubleday Books, 212-397-7341/ (O.B O.A)
CO: Odetics Inc. ST: California IN: ARO PUB SU:
JB-LS -- LA007 -- 7766 01/22/93 09:02 EST
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|Date:||Jan 22, 1993|
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