Showing posts with label National Technical Systems. Show all posts
Showing posts with label National Technical Systems. Show all posts

Monday, October 5, 2009

National Technical Systems Selects Allen & Caron for Investor Relations, Corporate Communications

National Technical Systems, Inc. ~ October 5, 2009,
CALABASAS, Calif., Oct. 5 /PRNewswire-FirstCall/ -- National Technical Systems, Inc. (Nasdaq: NTSC - News), (NTS), a leading provider of engineering and testing services to the defense, aerospace, telecommunications, automotive and high technology markets, announced today that it has selected Allen & Caron Inc as its agency for investor relations and corporate communications. With offices in Irvine, CA, New York City and London, Allen & Caron will help National Technical Systems develop an effective outreach program to increase visibility in the investment community and business/financial media.
National Technical Systems Chief Executive Officer William C. McGinnis commented: "This is an important time in our Company history, as we evolve from a testing company to an integrated engineering and testing service organization. We selected Allen & Caron because of their experience and well-established reputation for helping companies develop and implement meaningful communications with investment community professionals and the media. As we execute on our strategy to expand and transform the Company, Allen & Caron will lead our efforts to effectively communicate our progress to all our constituencies, which will be key to increasing the trading of our shares and our valuation."
Allen & Caron President and Chief Operating Officer Rene Caron said: "NTS has an impressive customer list and over the years it has built a world class reputation for providing its customers with innovative and high quality services. Today, led by a new generation of executive management, NTS is aggressively expanding its business and focused on delivering a broad range of process and product compliance services, technical resources, design engineering services and program management support. We look forward to working closely with NTS management and helping them communicate with an increasing audience of influential investors and the media as the Company implements its new strategy for growth and expansion."
About National Technical Systems
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.
About Allen & Caron
Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a range of industry segments. The firm has offices in Irvine, California; New York City and London; maintains representation in Paris; and has an affiliate relationship with a leading investor relations firm in Italy, with offices in Milan and Rome.
Contact: Allen & Caron National Technical Systems, Inc.
Investor Information: General Information:
Jill Bertotti Aaron Cohen, Vice Chairman
Jill@allencaron.com aaron.cohen@ntscorp.com
Media Information: Financial Information:
Len Hall Raffy Lorentzian, Sr. Vice President, CFO
Len@allencaron.com raffy.lorentzian@ntscorp.com
(949) 474-4300 (818) 591-0776

Monday, August 31, 2009

Aerospace Industry Leaders Join the National Technical Systems Engineering Services Group

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.