Roger W. Johnson to Join Pixtech Board of Directors
Former Chairman and CEO of Western Digital and White House Official
SANTA CLARA, Calif., and ROUSSET, France, Sept. 15 /PRNewswire/ -- PixTech, Inc.(Nasdaq: PIXT; Easdaq) today announced Roger W. Johnson, age 69, will join its Board of Directors effective September 22, 1998. His addition brings PixTech's total Board membership to five.
Johnson is one of few individuals whose career includes leadership positions in the Fortune 500, federal agencies, the non-profit sector and academia. Johnson was chairman, president and chief executive officer of Western Digital Corporation [NYSE:WDC - news] from 1982 to 1993, during which time the company's revenues grew from $30 million to over $1 billion, making it an international leader in the disk drive industry.
Prior to joining Western Digital, Mr. Johnson was president of the Office Systems Group of Burroughs Corporation and executive vice president and chief operating officer of Measurex Corporation. Additionally, he has held executive positions with Memorex Corporation, the Business Machines Division of the Singer Company. Following college, he spent three years in the General Electric Company's Management Training Program. He remained with General Electric for fourteen years in a variety of management positions.
Jean-Luc Grand-Clement, PixTech's Chairman and Chief Executive Officer, stated, ''Roger Johnson is an outstanding addition to PixTech's Board of Directors and we are already benefiting from his extensive experience. We are at a critical juncture in our corporate development as we move from a solely research and development driven organization to a marketing and manufacturing organization with a pipeline of new products in development. We look forward to Roger's leadership and guidance as we progress to the next level.''
In addition to his extensive corporate experience, Johnson was the first Republican appointed to a top post in the Clinton Administration, where he was Administrator of the U.S. General
Services Administration from 1993 to 1996. During that time, he was also a member of the President's Management Council and the National Economic Council.
Johnson is currently on the Board of Directors of The Needham Funds, Inc., Sypris Solutions,Inc., Insulectro, and the Women's Consumer Network. He is also a member of the Executive Committee for the American Entrepreneurs for Economic Growth.
Other credentials include:
*1984 International Businessman of the Year -- The World Trade Center of Orange County
*1986 Technology Executive of the Year -- Los Angeles Times
*University of California, Irvine, Board of Trustees
*Founder -- Universities CEO Roundtable
Non-profit leadership positions:
*Orange County Performing Arts Center -- Executive Committee & Vice Chairman of Development.
*Pacific Symphony Orchestra -- Board of Directors
About PixTech, Inc.
PixTech designs, develops and manufactures field emission displays (FEDs), a new type of flat-panel display. The company operates a flat-panel display pilot manufacturing facility in Montpellier, France and an R&D facility and sales office in Santa Clara, Calif. PixTech is currently developing high-volume manufacturing capabilities for its FEDs in Taiwan, under a contract manufacturing arrangement with Unipac, a Taiwanese AM-LCD manufacturer. PixTech has also established a marketing partnership with Sumitomo Corporation, its exclusive distributor in Japan. More information is available from the company's web site at www.pixtech.com.
Statements that are not historical facts, including statements about PixTech's confidence and strategies, the timing of its manufacturing plans with Unipac, and its distribution agreement with Sumitomo, the development of new or existing products, technologies and opportunities, marked demand or acceptance of new or existing products are forward-looking statements that involve risks and uncertainties. These uncertainties include but are not limited to, the risk associated with transitioning to high volume manufacturing of FED displays at Unipac, product demand and market acceptance risks, commitment of Unipac and/or of PixTech licensees, ability of the company to grant other licenses under FED technology, validity and enforceability of PixTech's patent rights, infringement by PixTech of other patent rights, impact of competitive product and prices, product development, commercialization or technological delays or difficulties, trade,legal social and economic risks and other risks detailed in PixTech's Securities and Exchange Commission filing including its Form 10-K for the year 1997 and any subsequent filings.
SOURCE: PixTech, Inc. |
