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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: cicak who wrote (2412)4/13/1999 12:21:00 PM
From: Sye Walsh  Read Replies (2) of 4400
 
News

Spectrum Signal Processing Appoints New Director

Business Wire - March 15, 1999 09:21

BURNABY, British Columbia--(BUSINESS WIRE)--March 15, 1999-- Spectrum Signal(Nasdaq:SSPI) (TSE:SSY.) Spectrum Signal Processing Inc. (Nasdaq/NMS:SSPI / TSE:SSY),
today announced that Pascal Spothelfer will be joining its Board of Directors. Mr. Spothelfer is currently the Senior Vice-President, Strategic Development at Teekay Shipping (Canada) Ltd. From 1994 to 1998, Mr. Spothelfer served as the Chief Operating Officer and later President and CEO of NovAtel Inc., a high tech company specializing in global positioning systems. Mr. Spothelfer holds a PhD in law from the University of Basel (Switzerland) and a MBA from INSEAD (France).

Mr. Spothelfer's appointment follows the resignation of Dr.Karl Brackhaus. Dr. Brackhaus joined Spectrum's board in 1990, and stepped down due to growing demands on his time from his business commitments.

"Spectrum wishes to thank Dr. Brackhaus for his nine years of dedication and commitment to the Company. We are pleased to welcome Mr. Spothelfer to the board at a time when his expertise in strategic business development and experience with digital signal processing will be an asset in steering the Company's future direction. With new board members comes new perspectives, and I think that's important for the long-term health of this company as we pursue our strategy of being the DSP systems supplier of choice to major commercial, military and industrial customers around the world," said Kenneth Spencer, Chair, Spectrum Signal Processing.

Spectrum Signal Processing is a world leader in DSP system solutions, and offers DSP software, off-the-shelf hardware, custom ASIC design and complete custom systems. The company is ISO9001 quality certified, and can be found on the web at spectrumsignal.com. Spectrum is located at No. 100 - 8525 Baxter Place, Burnaby, B.C., Canada. ph (604) 421-5422;
fax (604) 421-1764.
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