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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction
ATCO 15.480.0%Mar 28 5:00 PM EST

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To: SunAge who started this subject11/6/2003 9:19:53 AM
From: Savant   of 2062
 
American Technology Corp. Fills Key Engineering and Manufacturing Positions;

Names Carl Gruenler as
Interim Chief Accounting Officer

Business Editors/High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Nov. 6, 2003--American Technology
Corp. (NASDAQ:ATCO) (ATC) announced today that Bruce Ehlers, Norman
Carmichael and Hernan Lopez have joined its engineering and
manufacturing staff. Ehlers has been hired as ATC's vice president of
engineering, Carmichael as director of manufacturing and Lopez as
manager of quality.
Bruce Ehlers came to ATC from Copper Mountain Networks where he
served as assistant vice president. He has over 20 years of experience
serving in engineering leadership positions managing large programs
and departments at Iomega, General Instrument and Cipher Data
Products. He holds a BSEE and MSEE from Purdue University.
"Bruce is skilled in growing small teams into market-leading
development organizations," said Kalani Jones, chief operating officer
of American Technology Corp. "He has a consistent track record of
delivering aggressively scheduled products on time. We are pleased to
have him lead our engineering team in Shaping the Future of Sound(R)."
Norman Carmichael has extensive experience in managing all aspects
of manufacturing including planning, logistics, procurement,
warehousing and systems implementations. He has worked for Copper
Mountain Networks, IBM Global Services, Eastman Kodak and other
technology companies.
Hernan Lopez served as director of systems engineering,
manufacturing engineering and quality at Kontron America prior to his
appointment at ATC. He also served in similar capacities at Iomega and
Verbatim Tape.
"Norman and Hernan are highly accomplished with extensive
experience in managing these important areas of our business," added
Kalani Jones. "We welcome them aboard as they add their years of
expertise to enhancing the production efforts of our revolutionary
sound technologies."
Separately, the company announced that Renee Warden has resigned
as chief accounting officer to devote full time attention to her
position as chief accounting officer at e.Digital Corp. She was
previously serving as chief accounting officer for both the company
and e.Digital. Carl Gruenler, the company's vice president of military
sales, will serve as interim chief accounting officer while the
company searches for a full time vice president of finance.
"Renee made many important contributions to the company. We are
very appreciative of her dedication and wish her well in her new full
time position," said Elwood G. Norris, chairman. "Renee's resignation
does not relate to accounting or financial issues."
Norris continued, "In addition to Carl's military management
experience, he worked for six years as the first chief financial
officer for Automated Monitoring and Control International Inc., a
technology company spun out of Union Pacific Railroad. We appreciate
his willingness to oversee our financial and accounting functions
during our search."

About American Technology Corp.

American Technology Corp. is Shaping the Future of Sound(R) by
developing and licensing its technology and intellectual property
portfolio which includes: the award-winning HSS(R) (HyperSonic(R)
Sound Technology); NeoPlanar(R) Technology; PureBass(R) Sub-Woofer
Technology; HIDA(TM) (High Intensity Directed Acoustics), LRAD(TM)
(Long Range Acoustic Device) and SFT(R) (Stratified Field(R)
Technology). The company is establishing a strong portfolio of
patents, trademarks and know-how including over 138 U.S. and foreign
patents and patent filings to date. For more information on the
company and its technologies and products, visit the company's Web
site at www.atcsd.com.
S.
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