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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (834)	5/26/1998 2:47:00 PM
From: tonto	Respond to of 900

Tuesday May 26, 2:23 pm Eastern Time Company Press Release SOURCE: ErgoBilt, Inc. ErgoBilt Announces Change in Management DALLAS, May 26 /PRNewswire/ -- ErgoBilt, Inc., (Nadsaq: ERGB) announced today that a resolution of certain management and Board of Directors issues has been achieved, and that Gerard Smith has resigned as ErgoBilt's President and CEO, but will act as a consultant to the company and remain a director. ErgoBilt has engaged Bahr International, Inc., a turn-around consulting firm, to assist ErgoBilt with operations of the company. Mr. C. Charles Bahr III, the chairman of Bahr International, assumed the duties of acting CEO this morning. Mr. Bahr has spent over 20 years of his career as a turnaround management consultant, which includes operating a number of manufacturing companies, and management of a company in the office furniture industry. Mr. Bahr is one of the originators of the Turnaround Management Association, and holds an MBA from Harvard Business School. ErgoBilt, Inc., with headquarters in Dallas, is a rapidly growing developer and marketer of ergonomic products and technology that improves workplace productivity. The company has two operating units -- BodyBilt, Inc. and ErgoFoniks, Inc. The company's common shares are traded on the Nasdaq National Market System under the symbol ERGB.