• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Mercury Computer Systems Elects New Director

Posted on: Tuesday, 6 July 2004, 06:00 CDT

CHELMSFORD, Mass., July 6 /PRNewswire-FirstCall/ -- Mercury Computer Systems, Inc. announced today that its board of directors has elected George W. Chamillard to the board. Mr. Chamillard is chairman of Teradyne, Inc. a leading supplier of automatic test equipment and interconnection systems. With the addition of Mr. Chamillard, Mercury Computer Systems' board now has eight members.

"We are pleased to welcome George to our board of directors," said Jay Bertelli, chairman, president and chief executive officer of Mercury Computer Systems. "With his in-depth industry experience and management expertise, George will be a great addition as the company evolves to meet new customer and market challenges."

Mr. Chamillard recently stepped down as CEO of Teradyne after a 35-year career, which began in 1969 when he joined Teradyne as an engineer. He was elected vice president in 1981, and president and director in 1996. Mr. Chamillard was elected CEO in May 1997, and has served as chairman of Teradyne since May 2000.

Mr. Chamillard currently is chairman of SEMI (Semiconductor Equipment and Materials International), director of the Massachusetts High Technology Council, and is a director of the Center for Quality of Management. He has served as a director of both Manufacturing Services Limited and Varian Semiconductor Equipment Associates.

Mr. Chamillard is a trustee of Northeastern University, where he received his BS in Industrial Technology and MBA degrees. He is a trustee of Wentworth Institute.

In addition to Mr. Chamillard, Mercury's board of directors comprises the following individuals: Dr. Gordon B. Baty, partner of Zero Stage Capital; Dr. Albert P. Belle Isle, independent investor in technology-based companies; James R. Bertelli, chairman, president and chief executive officer, Mercury Computer Systems, Inc.; Sherman N. Mullin, retired president, Lockheed Advanced Development Company; Russell K. Johnsen, president, Delumina Inc.; Dr. Richard P. Wishner, senior consultant to private industry and government; and Mr. Lee C. Steele, a partner with Tatum CFO Partners LLP.

About Mercury Computer Systems, Inc.

Mercury Computer Systems, Inc. is the leading supplier of high-performance embedded, real-time digital signal and image processing computer systems. Mercury's products play a critical role in a wide range of applications, transforming sensor data to information for analysis and interpretation. In military reconnaissance and surveillance platforms the company's systems process real-time radar, sonar, and signals intelligence data. Mercury's systems are also used in state-of-the-art medical diagnostic imaging devices including MRI, PET, and digital X-ray, and in semiconductor imaging applications including photomask generation and wafer inspection.

Based in Chelmsford, Massachusetts, Mercury serves customers in North America, Europe and Asia through its direct sales force and a network of subsidiaries and distributors. Visit Mercury on the web: http://www.mc.com/.

Forward-Looking Safe Harbor Statement

This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify these statements by our use of the words "may,""will,""should,""plans,""expects,""anticipates,""continue,""estimate,""project,""intend," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, general economic and business conditions, including continuing economic weakness in the Company's markets, effects of continued geo-political unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, continued funding of defense programs and the timing of such funding, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, the failure to locate favorable acquisition and partnership opportunities and achieve expected results, and as a U.S. Government contractor, the effect of procurement rules and regulations and the possible imposition of fines and penalties or the termination of the Company's contracts if the Company were to violate specific laws or regulations. These risks and uncertainties also include such additional risk factors as are discussed in the Company's recent filings with the U.S. Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2004. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made. The Company may, in its discretion, provide information in future public announcements regarding its outlook that may be of interest to the investment community. The format and extent of future outlooks may be different from the format and extent of the information contained in this release.

Contacts:

Diane Basile Troy McCombs

Mercury Computer Systems, Inc. Coltrin & Associates

978-256-1300 212-221-1616

Product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

Photo: http://www.newscom.com/cgi-bin/prnh/20030930/MERCURYCSLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, 888-776-6555 or 212-782-2840

Mercury Computer Systems, Inc.

CONTACT: Diane Basile of Mercury Computer Systems, Inc., +1-978-256-1300;or Troy McCombs of Coltrin & Associates, +1-212-221-1616

Web site: http://www.mc.com/

More News in this Category