DRC Appoints W. Scott Thompson and Richard G. Tennant to Board of Directors
02 Março 2010 - 4:29AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, technical and
information technology services and solutions to federal and state
governments, today announced the appointment of two new members to
the Company's Board of Directors, expanding membership to nine
Directors.
"The impressive experience and track record of success in senior
leadership positions with small, agile companies as well as larger
public firms that Scott Thompson and Dick Tennant bring to DRC's
Board will be invaluable to the company, and we are honored to have
them join our Board," said Jim Regan, DRC's chairman of the
board.
W. Scott Thompson
Mr. Thompson presently serves as Chairman of the Board for
Enterprise Solutions Group, Inc. (ESG), which provides
implementation services for enterprise resource planning
systems. Prior to founding ESG in 1991 Mr. Thompson was the
Chief Executive Officer of Planning Research Corporation, later
PRC, a $780 million subsidiary of Black and Decker. PRC was
one of the largest federal systems integrators at that
time. From 1978 to 1989 Mr. Thompson worked at Advanced
Technology, Inc. rising through all management levels to Chief
Operating Officer as the Company grew from $5 million to $178
million in annual revenue. From 1969 through 1977 Mr. Thompson
served in the United States Navy. Mr. Thompson received
a Bachelor of Science degree from the University of Mississippi in
1969.
Richard G. Tennant
Mr. Tennant presently serves as Senior Vice President and Chief
Financial Officer of iBasis, Inc., one of the three largest
wholesale carriers of international voice-over-internet traffic and
a subsidiary of Royal KPN NV. For fourteen years prior to joining
iBasis in 2001 Mr. Tennant served in chief financial officer
positions with several communications firms based in northern
Virginia and Baltimore, Maryland. Mr. Tennant served on the
Board of Directors of The Burton Group for nine years until its
recent acquisition by Gartner, Inc. and served on the Board of
Directors and as the Chair of the Audit Committee of LTX
Corporation from 1987 through 1992. Mr. Tennant received a
Master of Science degree from Bentley University in 1978.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) is a leading provider of
mission-critical technology management services and solutions for
government programs. DRC offers the capabilities of a large
company and the responsiveness of a small company, backed by a
history of excellence and customer satisfaction. Founded in
1955, DRC is a publicly held corporation (Nasdaq:DRCO) and
maintains more than 25 offices nationwide with major offices in
Andover, Massachusetts and the Washington, D.C. area. For more
information please visit our website at www.drc.com.
Safe Harbor
Safe harbor statements under the Private Securities Litigation
Reform Act of 1995: Some statements contained or implied in this
news release, may be considered forward-looking statements, which
by their nature are uncertain. Consequently, actual results could
materially differ. For more detailed information concerning how
risks and uncertainties could affect the Company's financial
results, please refer to DRC's most recent filings with the SEC.
The Company assumes no obligation to update any forward-looking
information.
CONTACT: Darrow Associates, Inc.
Investors:
Chris Witty
646.438.9385
cwitty@darrowir.com
Sage Communications
Media:
Marisa Hagerman
703.584.5637
marisah@aboutsage.com
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