| |
For
Immediate Release:
Press Contact:
Jim Lewis/AXSUN 978-262-0049 Ext. 102
AXSUN TECHNOLOGIES ANNOUNCES JACK
KAY AS NEW CHIEF EXECUTIVE OFFICER
Billerica, MA, July 29, 2002 — AXSUN Technologies Inc., a leading
developer and manufacturer of Advanced Photonic Components and
Subsystems has announced that Jack Kay has joined the company as
its new President and Chief Executive Officer. Mr. Kay will be
taking over as CEO for Company Founder, Dr. Dale Flanders. Dr.
Flanders will become the Chief Technology Officer; he retains his
role as Chairman of the Board of Directors.
Prior to joining AXSUN, Kay was the President and Chief Executive
Officer at Hotline Communications, Ltd., a Canadian Internet start-up
Company. Prior to joining Hotline, Kay was the President and CEO
of Phoenix Technologies (NASDAQ: PTEC) — where he grew company
revenues from $24 million to over $100 million and market capitalization
from $64MM to $500MM. Prior to Phoenix, Mr. Kay held senior management
positions at Banyan Systems and Convergent Technologies. He holds
a Ph.D. in Physical Chemistry from Wayne State University and an
M.B.A. in Marketing from New York University.
Flanders stated in the announcement to the Company today, "I
am excited to bring Jack to the AXSUN team. His strong general
management skills and public company experience will build on our
foundation of strong product and technology capability. I look
forward to working closely with Jack as we broaden our customer
base, move to the next level of operational excellence, and establish
AXSUN as a leading player in our industry."
Kay commented, "I am very pleased to be joining AXSUN. This
is an opportunity to become part of a company that has the people,
technology, and the financial resources to bring lasting value
to the telecommunications industry and help accelerate it into
a period of renewed and sustainable growth."
Back
© AXSUN Technologies |
|
About AXSUN Technologies
AXSUN Technologies, established in 1998, develops and manufactures advanced
components and photonic subsystems that meet aggressive price points and
higher levels of performance. The foundation of the AXSUN capability is a "toolbox" of
proprietary optical devices combined with a highly automated advanced packaging
process based on the unique AXSUN® AMR micro robot and LIGA alignment
structures. The AXSUN® platform is capable of integrating nearly any
combination of active and passive devices in a very compact footprint. |
|
