PDSi Hires New Chief Financial Officer
April 24 2008 - 8:30AM
Business Wire
Pinnacle Data Systems, Inc. (PDSi) (AMEX: PNS) announced that
Nicholas Tomashot has joined PDSi�s executive team this week as
Chief Financial Officer, Treasurer and Secretary of the Company.
Mr. Tomashot has more than 20 years of broad-based experience in
finance, corporate planning and operations. He joins PDSi from
Innovex, Inc. (Innovex), a leading provider of flexible circuitry
with applications in the disk drive and electronics industry. Since
2004, Mr. Tomashot has served as Vice President Operations
Finance-Thailand and was responsible for providing financial
leadership for the comprehensive restructuring of Innovex�s
worldwide manufacturing operations, including the transfer of
high-technology circuit fabrication from the United States to
Thailand. He also led all financial aspects of the successful
construction and start-up of a $25 million manufacturing facility
in Thailand. From 2001 to 2004, Mr. Tomashot was Vice President of
Finance for Innovex, where he led efforts to significantly enhance
the company�s strategic planning, financial reporting, budgeting
and costing systems. Michael Sayre, President and Chief Executive
Officer, stated, �We are pleased to welcome Nick Tomashot to our
executive management team. His�financial and operating experience
in�the electronics industry, as well as in both�domestic and global
markets is a solid fit for PDSi. We look forward to his
contributions as we continue to implement our�global growth
strategy and remain focused on achievement of�PDSi's�strategic
goals." Nicholas Tomashot commented, "I am excited about joining
PDSi, which has a unique market niche and is well-positioned for
profitable growth. I look forward to pursuing the exciting
opportunities that lie ahead." About PDSi PDSi provides computer
design, production, and repair services to original equipment
manufacturers who build computers into their products in industries
including medical equipment, telecommunications, defense and
imaging. PDSi also helps major computer platform manufacturers
respond to customer requirements for customized solutions and
extended service life. PDSi specializes in areas where these OEMs
often get little help from larger outsource firms, solving the
challenges associated with complex technologies, low to medium
volume production, and long-term service of third party products.
Not simply a repair depot or a contract manufacturer, PDSi
represents a more collaborative and flexible outsourcing partner
who helps its clients manage costs, meet unplanned demand changes,
improve customer satisfaction, and respond aggressively to new
trends in the technology market place. With its innovative and
proactive staff of engineering, manufacturing, program management
and supply chain specialists, PDSi tailors solutions that meet the
particular business and operational needs of each OEM. For more
information, visit the PDSi website at http://www.pinnacle.com.
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