W. LEE PRYOR ELECTED CHAIRMAN OF PRISM GROUP INC.
W. LEE PRYOR ELECTED CHAIRMAN OF PRISM GROUP INC. SARASOTA, Fla., Oct. 16 /PRNewswire/ -- W. Lee Pryor was elected
chairman of Prism Group Inc. (NASDAQ: PRSM) at a special meeting of the board of directors Oct. 14, Prism Group announced today. Pryor succeeds James T. McDonough who will continue to serve as Prism's vice chairman.
Pryor, who lives in New York City, attended the U.S. Naval Academy and is a graduate of Northwestern University. He is the former chief executive officer of Manufacturing Solutions Inc. (formerly Applicon Corp.) of Boston, a manufacturer of computer work stations and other electronic and computer peripheral devices. Prior to his service with Manufacturing Solutions, Pryor was chief executive officer of Pryor Corp., a $150-million-a-year company which was a software and peripheral supply distributor and manufacturer which operated five manufacturing plants and sold its products through a direct sales force, a telemarketing group and a direct-mail catalog. "The addition of Mr. Pryor to our team should significantly assist our ability to expand our core business as represented by our MicroDisk subsidiary. Mr. Pryor is expected to render valuable assistance to Prism and its present management," said K.C. Aly, president of Prism and chairman of its subsidiary, MicroDisk Services. (MicroDisk Services Inc., located in Woodinville, Wash., provides duplication and related services in the software manufacturing industry.) Prism, based in Sarasota, trades on NASDAQ under the symbol PRSM. -0- 10/16/92 /CONTACT: Brad Tedeschi, 206-889-4457, or Jim McDonough, 813-955-8001, both of Prism Group; or K.C. Aly of MicroDisk Services, 206-881-1609/ (PRSM) CO: Prism Group; MicroDisk Services Inc. ST: Washington, Florida IN: CPR SU: PER
LM-SW -- SE002 -- 0979 10/16/92 13:10 EDT
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|Date:||Oct 16, 1992|
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