GERMANTOWN, Md., Aug. 17 /PRNewswire-FirstCall/ -- Optelecom-NKF,
Inc. (Nasdaq: OPTC), manufacturer of market leading Siqura®
advanced video surveillance solutions, today announced that
Steve Tamburo, the Company's
Executive Vice President, Chief Financial Officer and Corporate
Secretary, will be leaving the Company to pursue another business
opportunity. Mr. Tamburo will work with the Company during
his resignation period to transition his responsibilities to a
successor. The Company has commenced a search for a new Chief
Financial Officer.
"Steve has accomplished a great deal in the years he has been
with our Company. He has served as a valuable business partner to
me and is working with us to develop a transition plan for his role
to support the Company going forward," said Dave Patterson, the Company's President and
Chief Executive Officer. "I wish him all the best in his new role
and thank him for all that he has done at Optelecom-NKF, Inc."
"I truly appreciate the opportunity to have served as CFO,"
Tamburo said. "The decision to accept another position was
difficult but it's a unique situation where I will be able to
return to the Financial Services industry. I am pleased with the
progress at Optelecom-NKF as we restructured the business and
reduced costs while showing improvement in revenue during the last
quarter. I will continue to work with the Company through the
transition and I wish the team here all the best in the
future."
About Optelecom-NKF
Optelecom-NKF, Inc. (Nasdaq: OPTC), manufacturer of Siqura®
advanced video surveillance solutions, provides a full range of
network products based on an open technology platform that
simplifies integration and installation. Our Siqura® solutions
offer a perfect blend of ease of use and processing power, enabling
end users to optimize the effectiveness of their surveillance
systems while reducing the total cost of ownership. All products
and solutions are developed and tested for professional and
missioncritical applications, such as at highway departments,
airports, seaports, casinos, public transport authorities,
hospitals, city centers, shopping centers, military bases, and
corporate and government campuses. Founded in 1972, Optelecom-NKF
is committed to providing its customers with expert technical
advice and support.
Investor inquiries should be directed to Mr. Rick Alpert at 301-948-7872.
Press inquiries should be directed to Kate Huber, khuber@optelecom-nkf.com tel.
301-444-2294 (for North and Latin
America) or tel. +31 182 592 215 (for Europe, Middle
East, Africa, and
Asia). For more information
please visit our website: www.optelecom-nkf.com
SOURCE Optelecom-NKF, Inc.
Copyright . 17 PR Newswire