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Technology Stocks : AMTECH CORP. (AMTC)

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To: Al Serrao who wrote (7)3/11/1998 6:07:00 PM
From: nnillionaire  Read Replies (1) of 13
 
Al, I too have watched this dead dog for quite a while. Actually, I still own a few neglected shares from 1990. I stumbled across the following press release today:

Friday February 27, 6:49 pm Eastern Time
Company Press Release
SOURCE: Amtech Corporation
Amtech Announces Management Change; David P. Cook Becomes Chairman, President, and CEO
DALLAS, Feb. 27 /PRNewswire/ -- Amtech Corporation (Nasdaq: AMTC - news) announced today that its board of directors has elected David P. Cook interim chairman, president, and chief executive officer of the company, effective today. Mr. G. Russell Mortenson, the former chairman, president, and chief executive officer, remains as an outside director of the company.

Mr. Cook was a founder of Amtech, and Amtech's technology and manufacturing center in Albuquerque, New Mexico, is named in honor of his early leadership of the company. He served as director of Amtech from 1984 until 1990, and was re-elected to the board in 1995. Mr. Cook also founded and was chief executive officer of Blockbuster Entertainment Corporation from its inception until 1987. Prior to founding Blockbuster, he was chairman of the board of Cook Data Services, Inc., a software company that he also founded. Mr. Cook is currently a private investor.

Amtech Corporation is a leading global provider of systems and solutions using wireless data and security technologies. The Amtech Transportation Systems Group is the world's leading provider of wireless identification, tracking, and monitoring technologies for the intelligent transportation industry. The Amtech Electronic Security Group is a global supplier of electronic access control and security management systems and products marketed under the Cotag International and Cardkey Systems brand names. For further investor information, visit Amtech's investor web site: stockprofiles.com.

SOURCE: Amtech Corporation

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Hmmm...
Good Investing
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