ADDvantage Technologies Appoints Communications Industry Veteran Tim Harden to its Board of Directors
March 27 2020 - 8:00AM
ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage
Technologies” or the “Company”) today announced the appointment of
Tim Harden to its Board of Directors effective March 18, 2020.
“Tim’s extensive background in the
communications industry and proven leadership in large, complex
organizations will be of tremendous value to our company as we
continue our efforts to expand our wireless business and
aggressively pursue opportunities in the rollout of 5G networks,”
said CEO Joe Hart. “Tim has spent decades navigating changes in the
telecommunications space and worked with many highly experienced
leaders to develop a vast network of industry relationships. We
look forward to drawing upon his experience and contacts as we
execute upon our strategic vision.”
Mr. Harden has served in a number of roles in
the communication industry in various positions of leadership
including more than 30 years with AT&T. He most recently served
as President of AT&T’s Worldwide Supply Chain, a $68 billion
operation with more than 58,000 suppliers and was also responsible
for the management of the largest private fleet of trucks and cars
in the U.S. with over 95,000 vehicles. He currently serves on a
number of advisory boards focused on providing products and
services in the communication space. During his tenure with
AT&T, he gained extensive operational and strategic knowledge
while serving in various areas of its business including President
and CEO of AT&T West, an $18 billion operation of nearly 40,000
employees, President of Network Services for AT&T Southwest,
and President of Data and Network Services for SBC Operations as
well as a series of executive assignments within AT&T’s
predecessor companies SBC and Pacific Telesis.
After graduating from the United States Naval
Academy, Mr. Harden began his career as an officer in the U.S.
Navy. Following his active duty service, he worked for Caterpillar
Tractor Company before starting his career in the telecommunication
industry as a cable maintenance supervisor for Pacific Bell.
Mr. Harden is an inductee in the National
Football Foundation and College Hall of Fame as a scholar athlete
and currently serves on the board of directors for the San
Francisco Chapter of this national organization. In 2007, he was
named as a Distinguished American by this group for his efforts to
support its mission to promote and develop the qualities of
leadership, sportsmanship, competitive zeal and the drive for
academic excellence in America’s young people. This was only the
ninth time this honor has been awarded in the 70 years history of
the organization.
Mr. Harden is a retired Captain in the United
States Navy Reserve and a past Associate Professor at the
University of Utah. About ADDvantage Technologies Group,
Inc.ADDvantage Technologies Group, Inc. (Nasdaq: AEY) is a
communications infrastructure services and equipment provider
operating a diversified group of companies through its Wireless
Infrastructure Services and Telecommunications segments. Through
its Wireless segment, Fulton Technologies provides turn-key
wireless infrastructure services including the installation,
modification and upgrading of equipment on communication towers and
small cell sites for wireless carriers, national integrators, tower
owners and major equipment manufacturers. Through its
Telecommunications segment, Nave Communications and Triton Datacom
sell equipment and hardware used to acquire, distribute, and
protect the communications signals carried on fiber optic, coaxial
cable and wireless distribution systems. The Telecommunications
segment also offers repair services focused on telecommunication
equipment and recycling surplus and related obsolete
telecommunications equipment.
ADDvantage operates through its subsidiaries,
Fulton Technologies, Nave Communications, and Triton Datacom. For
more information, please visit the corporate web site at
www.addvantagetechnologies.com.
Cautions Regarding Forward-Looking
StatementsThe information in this announcement may include
forward-looking statements. All statements, other than statements
of historical facts, which address activities, events or
developments that the Company expects or anticipates will or may
occur in the future, are forward-looking statements. These
statements are subject to risks and uncertainties, which could
cause actual results and developments to differ materially from
these statements. A complete discussion of these risks and
uncertainties is contained in the Company’s reports and documents
filed from time to time with the Securities and Exchange
Commission.
For further information:Hayden IRBrett Maas(646)
536-7331aey@haydenir.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b32c979b-21ad-41b9-a26c-49a7757684c4
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