Miltope confirms George K. Webster as president and chief executive officer

Business Wire, Sept 27, 1995

HOPE HULL, Al.--(BUSINESS WIRE)--Sept. 27, 1995--Miltope Corp. (NASDAQ: MILT) today announced the confirmation of George K. Webster as president and chief executive officer.

He was elected to these positions in an acting capacity in April, 1995 by the board of directors. The announcement was made by Dr. Alvin E. Nashman, chairman of the board.

Webster, 53, has a strong background in the defense and electronics industries, holding a variety of highly responsible leadership and management positions over the course of his career. He joined Miltope in 1992 as vice president of programs and operations and, in the fall of 1993, assumed the additional responsibility of senior vice president of Business Development and Marketing.

Prior to joining Miltope, Webster held several senior and key positions with Loral Fairchild Systems, Fairchild Weston, JGW International Ltd. and within the Department of Defense. He holds an M.B.A. from Georgia State University and a B.S. from the University of Detroit.

Dr. Alvin E. Nashman, chairman of the board of Miltope Corp., stated: "We are very pleased to have a person of Mr. Webster's professional depth in this key position. He is uniquely qualified to contribute to Miltope's principal objective of returning to sustainable profitability in its businesses."

Miltope Group Inc., through its wholly-owned subsidiaries, Miltope Corp. and Miltope Business Products Inc., is engaged in the design, development, and manufacture of microcomputer and computer peripheral equipment that must operate in demanding environmental conditions. Miltope Corp. delivers a broad range of disk and solid state mass memory systems, transportable microcomputers, computer printers, and a complete line of ruggedized Hewlett-Packard computers, RISC workstations and related peripherals, primarily to defense and government customers. Miltope Business Products Inc. delivers a variety of printers and peripherals, often with magnetic encoding and decoding capabilities, to customers in the transportation industry.

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