Business Services Industry

Mercury Computer Systems Appoints Stephen D. Grody as Senior Vice President for Marketing and Business Development; Business Development Expert To Focus On Aggressive Growth Strategy

Business Wire, August 15, 1996

CHELMSFORD, Mass.--(BUSINESS WIRE)--Aug. 15, 1996--Mercury Computer Systems, Inc. announced today that Stephen D. Grody has been named Senior Vice President for Marketing and Business Development. Mr. Grody, who will be responsible for identifying new product and market opportunities, will also play a role in refining product and market strategies for MercuryOs established defense and medical business units.

"Stephen is joining our team just as Mercury begins evaluating new markets and new applications to support our aggressive growth objectives," said Jay Bertelli, CEO and president of Mercury Computer Systems, Inc. "His expertise provides an excellent opportunity to leverage all three elements of our growth strategy: technology, products and markets."

Prior to joining Mercury, Mr. Grody was a co-founder, director and vice president of McLaughlin & Associates, Inc., a Schaumburg, Il. management consultancy, software supplier and venture group for the computer, communications and information services industry. Mr. GrodyOs professional experience also includes stints at Booz, Allen & Hamilton, Inc. and Aetna Life & Casualty.

"Mercury is a leader in providing advanced high-performance systems and I am excited to be part of the team," said Stephen Grody. "The big opportunity is in bringing this technology to new-to-Mercury markets. For example, there is a growing demand for our technology in the digital video market. We intend to extend Mercury's leadership into the most lucrative segments and aggressively grow the company through the $100 million mark."

Mercury Computer Systems, Inc. is a technology company specializing in high-performance solutions for commercial and diagnostic medical image processing, defense image and signal processing, and servers for digital video editing. Mercury's RACE(R) series, with its heterogeneous multicomputing hardware and software architecture, allows customers to build the most effective system for their application. The company's advanced interconnect fabric, RACEway Interlink, was recently adopted as an ANSI standard. Mercury Computer Systems, Inc. is headquartered in Chelmsford, Mass., and has offices throughout North America, Asia and Europe. With more than 30,000 units installed worldwide, Mercury serves customers in 14 countries. -0- Mercury Computer Systems, Inc. on WWW: http://www.mc.com

CONTACT: Leigh McLeod

Mercury Computer Systems Inc., 508-256-1300

or

Krystyna Stachowiak

Coltrin & Associates, 212-221-1616

COPYRIGHT 1996 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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