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Technology Stocks : ADSOD-Adaptive solutions

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To: David Barton who wrote (76)5/20/1997 8:08:00 PM
From: Xingbo Wang   of 477
 
Adaptive Solutions names vice president of product development

BEAVERTON, Ore.--(BUSINESS WIRE)--May 20, 1997--Adaptive Solutions Inc. (NASDAQ:ADSO) today
announced that Charles F. Hall has been named vice president of product development for the
company.

Hall is currently a chief engineer with Hughes Space and Communications Company, with
responsibility for a key enterprise-wide data management system. From 1986 to 1996, he was with
Lockheed Martin Corporation with a range of responsibilities that included manager of the
company's artificial intelligence center, development of image-based and forms-based information
systems, and business unit management. Before he was with Lockheed Martin, he was a senior
scientist with Harris Corporation and a research and development project officer with the U.S.
Air Force. He holds a Ph.D. in electrical engineering from the University of Southern California
and a B.S.E.E. from the University of Missouri-Columbia.

``Dr. Hall's background and experience fit superbly with Adaptive Solutions' corporate
direction,'' commented Dan Meub, president and chief executive officer of Adaptive Solutions.
``Our goal is to make image-based information useful to corporate information systems. He is an
expert in image processing and pattern recognition, he has developed large corporate databases,
he has brought new forms processing products to market, and has had extensive management and P&L
responsibility. We look forward to his contribution to Adaptive's future.''

In conjunction with this new appointment, Wendell Henry will continue as vice president of
systems engineering and manufacturing. Henry has been with Adaptive Solutions since 1989. In
addition, Dan Hammerstrom, chief technology officer and the company founder, will move to a
part-time consulting role with the company. Dr. Hammerstrom will return to the Oregon Graduate
Institute (OGI), where he was and continues to be a faculty member. It was at OGI where he
developed technology used in the founding of Adaptive Solutions in 1988. Dr. Hammerstrom will
continue to serve on the board of directors of Adaptive Solutions.

Adaptive Solutions was founded in 1988 and pioneered data parallel processing for advanced
pattern recognition, image processing, and OCR/ICR applications. The company currently designs
and markets advanced solutions for extracting useful information from images for corporate-wide
data management systems.
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