CALABASAS, Calif.-- Monday August 31, 2009, (BUSINESS WIRE)--National Technical Systems (NASDAQ: NTSC - News) announced today that two leading aerospace industry management experts have joined its Integrated Engineering Services Group.
Mr. Louis Winoski will head the Integrated Engineering Services Group. Mr. Winoski comes to NTS with 23 years of experience in the aerospace industry, having served in ownership and senior leadership roles for a variety of international aerospace manufacturing and design organizations.
Mr. Winoski has worked as President, CEO and member of the Boards at Tubetronics Inc., Vista, CA and Advanced Metal Components Inc., Menlo Park, CA. His international experience includes serving as Managing Director and board member of RSM Fabrications in Farnborough England. Prior to joining NTS, Mr. Winoski completed an assignment with Garner CAD Technik GmbH, a German-based provider of design services to the Aerospace Industry, where he headed its US subsidiary as COO. He concurrently served as Executive Program Manager for PFW Aerospace AG supporting the Boeing 787 Program and its global strategic partners.
Mr. Randy Groom has been appointed to the NTS Engineering Services Advisory Board. Mr. Groom is the former president of Beechcraft, the renowned manufacturer of business and general aviation aircraft that include the KingAir, Baron, and Bonanza brands.
In 2007, Mr. Groom left Beechcraft and established Groom Aviation, a consulting firm focused on improving business strategy, sales, distribution, marketing, product development, customer support, acquisition and divesture support, interim management, and board leadership. He is an accomplished executive and pilot, with an impressive background of improving business operations. Mr. Groom will help guide NTS’ transformation from a testing company to an integrated engineering and testing service organization.
Derek Coppinger, Senior Vice President of NTS, responsible for overseeing the development of the Company’s Engineering Services Group, remarked, “We are delighted that Lou and Randy have joined us. They bring seasoned leadership, significant aerospace experience and strong relationships in the industry. Randy’s addition to our Advisory Board is an endorsement of NTS and affirms our belief that we are responding correctly to evolving market conditions in these challenging times.”
NTS has been providing Engineering and Testing services to the Aerospace industry for over 45 years. Recent acquisitions and investments into growing business units are positioning NTS to provide unparalleled levels of services and offerings to the industry.
About NTS
National Technical Systems, Inc. is a leading provider of engineering and testing services to the defense, aerospace, telecommunications, automotive and high technology markets. Through a world-wide network of resources, NTS provides full life-cycle product integrity support, offering world class design engineering, compliance, testing, certification, quality registration and program management. For additional information about NTS, visit our website at www.ntscorp.com or call 800-270-2516.
The statements in this press release that relate to future plans, events or performance, are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for services and products, development of markets for the companies’ services and products and other risks identified in the companies’ SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The companies undertake no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding National Technical Systems' business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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