Nortech Systems Announces Establishment of Two 10b5-1 Trading Plans
June 01 2021 - 5:00PM
Business Wire
Nortech Systems Incorporated
(Nasdaq: NSYS), a leading provider of engineering and manufacturing
solutions for complex electromedical and electromechanical products
serving the medical, aerospace & defense and industrial
markets, announced today that Chief Executive Officer Jay D. Miller
and Chief Financial Officer Chris Jones have each adopted a
prearranged trading plan under Rule 10b5-1 of the Securities
exchange Act of 1934 to purchase shares of Nortech's common stock
on the open market. Rule 10b5-1 permits officers and directors of
public companies to adopt predetermined plans for purchasing or
selling specified amounts or value of stock. Mr. Miller and Mr.
Jones’ purchase transactions will be reported via SEC Form 4
filings.
Nortech, in partnership with our medical, industrial and defense
customers, uses intelligence, innovation, speed and global
expertise to provide manufacturing and engineering solutions. This
enables our customers to be leaders in digital connectivity and
data management to achieve their business goals. Nortech strives to
be a premier workplace that fosters valued relationships internally
and in our communities.
About Nortech Systems
Incorporated Nortech Systems is a leading provider of
design and manufacturing solutions for complex electromedical
devices, electromechanical systems, assemblies, and components.
Nortech Systems primarily serves the medical, aerospace &
defense, and industrial markets. Its design services span concept
development to commercial design, and include medical device,
software, electrical, mechanical, and biomedical engineering. Its
manufacturing and supply chain capabilities are vertically
integrated around wire/cable/interconnect assemblies, printed
circuit board assemblies, as well as system-level assembly,
integration, and final test. Headquartered in Maple Grove, Minn.,
Nortech currently has seven manufacturing locations and design
centers across the U.S., Latin America, and Asia. Nortech Systems
is traded on the NASDAQ Stock Market under the symbol NSYS.
Nortech’s website is www.nortechsys.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210601006013/en/
Chris Jones, CFO cjones@nortechsys.com 952-345-2244
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