Micronetics Hires Chief Financial Officer
August 31 2005 - 11:30AM
Business Wire
Micronetics, Inc. (NASDAQ:NOIZ) announced today that Diane L.
Bourque has joined the company as Chief Financial Officer. Ms.
Bourque brings with her over 20 years of financial experience to
Micronetics. As CFO, Ms. Bourque will be responsible for leading
Micronetics' corporate finance, regulatory compliance, corporate
governance, accounting, strategic planning and analysis, treasury,
tax, audit, and investor relations. Most recently, Ms. Bourque
served as Vice President and Controller at Presstek, Inc., a $270
million NASDAQ listed digital imaging company. At Presstek, she
held responsibility for all aspects of financial reporting,
including SEC reporting, corporate governance and regulatory
compliance. During her 13-year tenure at Presstek, Ms. Bourque was
credited with improving the company's business resource allocation
and internal control processes during a period of significant
growth. Prior to that, she held financial management and analytical
positions at Digital Equipment Corporation and Centronics Data
Computer Corp., both publicly held computer equipment manufacturers
and with EKCO Group, a consumer product company. Ms. Bourque holds
an MBA from Southern New Hampshire University and a B.S. in
Mathematics from the University of New Hampshire. David Robbins,
President & CEO of Micronetics, stated, "Diane brings great
talent and experience both in finance and in business leadership
within larger public companies. She posses a tremendous level of
optimism, energy and passion for excellence which will give her the
ability to contribute broadly to our finance, operations and
business strategy." Micronetics manufactures microwave and radio
frequency (RF) components and integrated subassemblies used in a
variety of defense, aerospace and commercial applications.
Micronetics also manufactures and designs test equipment and
components that test the strength, durability and integrity of
communication signals in communications equipment. Micronetics
serves a diverse customer base, including Aerosat, Airspan, BAE
Systems, Boeing, EADS, ITT, L-3 Communications, Lockheed Martin,
Northrop Grumman, Qualcomm, Raytheon, Teradyne, Tektronix, Thales
and UTStarcom. Micronetics also operates through its wholly owned
subsidiaries, Enon Microwave, Inc.; Microwave & Video Systems,
Inc.; Microwave Concepts, Inc. and Stealth Microwave, Inc.
Additional information can be found on our website at
www.micronetics.com. Some of the statements contained in this news
release are forward-looking statements. The accuracy of these
statements cannot be guaranteed as they are subject to a variety of
risks, including but not limited to the success of the products
into which the Company's products are integrated, internal
projections as to the demand for certain types of equipment,
competitive products and pricing, the success of new product
development efforts, the timely release for production and the
delivery of products under existing contracts, access to financial
resources, future economic conditions generally, as well as other
factors. The information in this release should be reviewed in
conjunction with Micronetics' Annual Report for its fiscal year
ended March 31, 2005.
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