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Technology Stocks : ADMR- Admor Memory Inc.

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To: Bill Schrader who wrote (36)4/1/1998 11:23:00 AM
From: Bill Schrader  Read Replies (1) of 67
 
Here's some promising news. It's better than no news.

Wednesday April 1, 9:15 am Eastern Time

Company Press Release
SOURCE: Admor Memory Corp.
Admor Memory Names Executive Vice-President of Sales and Marketing

Former Toshiba Executive Joins Fast Growing Company

IRVINE, Calif., April 1 /PRNewswire/ -- Admor Memory Corp. (OTC Bulletin
Board: ADMR - news), announced today that Van M. Andrews has been named
Executive Vice-President of Sales and Marketing. Mr. Andrews brings to
the position over 17 years of sales and marketing experience serving in
a number of senior management positions within the computer
manufacturing industry. Over the past six and a half years, Mr. Andrews
has been with Toshiba America serving in various positions, including,
vice-president and general manager of Toshiba America's Computer Systems
Division where he was instrumental in maintaining sales volume in its
fastest growing business unit. Mr. Andrews has also served as Midwest
regional manager for Panasonic Office Automation Group and director of
field sales for Epson America.

''We are delighted to add Mr. Andrews to the senior management team,''
stated Admor President and CEO, Michael Rapp. ''Over the years, Admor
has developed strategic relationships with major purchasers of memory
upgrades, and with Mr. Andrews heading our sales and marketing efforts,
we believe that we will be able to initiate new relationships and
further develop existing strategic alliances in order to maintain the
incredible rate of revenue growth that Admor has enjoyed since its
inception.''

Concerning his new position with Admor, Mr. Andrews stated, ''I am
excited about this opportunity. Admor is well known throughout the
industry for its comprehensive product line and its technical
engineering and remarkable manufacturing capabilities. I believe my 17
years of experience and my extensive network of contacts within the
computer industry will serve to enhance Admor's reputation with
consumers, value-added resellers, and original equipment
manufacturers.''

Admor Memory is a rapidly growing computer memory designer and
manufacturer. The Company markets and distributes a complete line of
original equipment and aftermarket memory upgrade products for nearly
all PC's, servers, workstations and related computing devices to
value-added resellers, OEM's and systems integrators worldwide.

SOURCE: Admor Memory Corp.
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