Nortech Systems Announces Two New Board Members: Jay D. Miller & Dr. Steven Rosenstone
May 18 2018 - 2:00PM
Business Wire
Nortech Systems Inc. (NASDAQ: NSYS) announced that Jay D. Miller
and Dr. Steven Rosenstone were recently elected to its board of
directors.
“We’re excited to add two directors of such high caliber, both
complementing and strengthening our already impressive board,” said
Rich Wasielewski, president and CEO of Nortech Systems. “Their
management experience, leadership and wisdom will help guide our
company’s future growth.” He added, “Nortech’s key strategies are
in place, including globalization, increased engineering resources
and higher-value services for companies ranging from Fortune 500
multinationals to start-ups in the medical, industrial and defense
markets.”
Miller’s executive leadership and business experience span a
wide range of medical technology companies. He serves as the acting
chairman of the board of NXC Imaging, a medical imaging
distribution company, and on the boards of NerveVision, a developer
of medical software products, and MRI Instruments, Inc., a
developer of magnetic resonance imaging products. Previously Miller
held CEO positions with IMRIS, Inc., which designs
image-guided surgical solutions, and Zonare, Inc. and Vital
Images, Inc. in the medical imaging and visualization
industry. Earlier career experience includes the healthcare
businesses of both Siemens and GE. Miller has also advised and
served on the boards of a number of other healthcare companies.
Dr. Rosenstone brings broad experience in higher education
leadership, workforce development and international markets and
culture. He was the chancellor of the Minnesota State Colleges and
Universities from 2011 until his retirement in 2017. Previously he
held positions with the University of Minnesota, including vice
president of scholarly and cultural affairs and dean of the College
of Liberal Arts. Earlier he was on the faculty at Yale University
and the University of Michigan. Dr. Rosenstone has served on
numerous boards and commissions including the Minnesota Business
Partnership and the Governor’s Workforce Development Board. He
twice traveled to the People’s Republic of China on behalf of the
University of Minnesota and was a member of Governor Mark Dayton’s
2016 trade mission to Mexico.
About Nortech Systems
IncorporatedNortech Systems (www.nortechsys.com), based
in Maple Grove, Minn., is a full-service electronics manufacturing
services (EMS) provider of complex interconnect solutions, printed
circuit board assemblies and diagnostic repair and integration
services including higher-level assemblies and box builds for a
wide range of industries. Markets served include industrial and
commercial equipment, medical device, and aerospace & defense.
Nortech has a range of specialized, high-tech facilities in the
U.S., Latin America and Asia used for customized design,
manufacture, testing and repair of its solutions. Nortech Systems
is traded on the NASDAQ Stock Market under the symbol NSYS.
Forward-Looking
StatementsThis press release contains forward-looking
statements made pursuant to the safe harbor provision of the
Private Securities Litigation Reform Act of 1995. While this
release is based on management’s best judgment and current
expectations, actual results may differ and involve a number of
risks and uncertainties. Important factors that could cause actual
results to differ materially from the forward-looking statements
include, without limitation: volatility in market conditions which
may affect market supply of and demand for the company’s products;
increased competition; changes in the reliability and efficiency of
operating facilities or those of third parties; risks related to
availability of labor; commodity and energy cost instability;
general economic, financial and business conditions that could
affect the company’s financial condition and results of operations;
as well as risk factors listed from time to time in the company’s
filings with the SEC.
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version on businesswire.com: https://www.businesswire.com/news/home/20180518005613/en/
For Nortech Systems Inc.Warren Djerf, 952-920-3908Brookside
Communications Groupwarren@brookcomm.net
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