Frequency Electronics Appoints New Chief Financial Officer
29 4월 2016 - 11:00PM
Frequency Electronics, Inc. (NASDAQ:FEIM) (the Company) today
announced the Board of Directors appointed Steven Bernstein as its
Chief Financial Officer (CFO). Steven Bernstein is a Certified
Public Accountant with an extensive 15 year background in financial
reporting, budgeting, internal controls, risk management and
auditing. During the 5 year period prior to joining Frequency
Electronics in 2010 he worked in the North America accounting group
of a Fortune 500 electronics distributor. Steve Bernstein
succeeds Alan Miller, Frequency’s former Chief Financial Officer
(CFO), who after 20 years of dedicated and much appreciated
service, has retired. Martin B. Bloch, President and CEO,
said, “We look forward with enthusiasm and great confidence to
working with Steven Bernstein as our CFO and Corporate Controller.
Steve is highly respected by all the senior management team at FEI
for his financial oversight and accounting expertise.”
About Frequency Electronics
Frequency Electronics, Inc. is a world leader in
the design, development and manufacture of high precision timing,
frequency control and synchronization products for space and
terrestrial applications. Frequency's products are used in
commercial, government and military systems, including satellite
payloads, C4ISR markets, missiles, UAVs, aircraft, GPS, secure
radios, energy exploration and wireline and wireless communication
networks. Frequency has received over 100 awards of excellence
for achievements in providing high performance electronic
assemblies for over 150 space and DOD programs. The Company
invests significant resources in research and development and
strategic acquisitions world-wide to expand its capabilities and
markets.
Frequency's Mission Statement: "Our mission is
to provide precision time and low phase noise frequency generation
systems from 1 Hz to 42 GHz, for space and other challenging
environments."
Subsidiaries and Affiliates: Gillam-FEI provides
expertise in wireline network synchronization and SCADA; FEI-Zyfer
provides GPS and secure timing ("SAASM") capabilities for critical
military and commercial applications; FEI-Asia provides cost
effective manufacturing and distribution capabilities in a high
growth market; FEI-Elcom Tech provides added resources for
state-of-the-art RF microwave products. Frequency's Morion
affiliate supplies high-quality, cost effective quartz oscillators
and components. Additional information is available on the
Company's website: www.frequencyelectronics.com.
Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995:
The Statements in this press release regarding
the future constitute "forward-looking" statements pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements inherently involve
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. By making
these forward-looking statements, the Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release.
CONTACT: Martin B. Bloch, President and CEO
TELEPHONE: (516) 794-4500
WEBSITE: www.frequencyelectronics.com
Frequency Electronics (NASDAQ:FEIM)
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