Adeptron Announces Appointment of New Chief Financial Officer (CFO)

    
    Company: Adeptron Technologies Corporation
    Stock Symbol: ATQ
    Listing: Toronto Stock Exchange (TSX)
    Web Site: www.adeptron.com
    

TORONTO, July 20 /CNW/ - Adeptron Technologies Corporation (ATQ: TSX) ("Adeptron" or the "Company"), a specialist at delivering integrated product solutions and support to the global technology and electronics industry, today announced the appointment of Mr. Jon Szczur as Chief Financial Officer of the Company. Mr. Szczur has been Vice President of Finance at Adeptron since April 2010.

Mr. Szczur is a dynamic senior financial executive with more than 15 years of management and operational experience in corporate finance and accounting and in public accounting.

From 2006 through 2009, Mr. Szczur served as Chief Financial Officer of the Wish Group of Companies. Before joining the Wish Group, Mr. Szczur held various senior positions where he had a reputation for growing company profits, improving overall operational efficiency, as well as improving the company's competitive position. Mr. Szczur holds an honors B.B.A. degree in business administration and accounting from Brock University. He is a certified management accountant (CMA).

"We are fortunate to have Mr. Szczur join the Company as CFO," said Michael Marti, President and Chief Executive Officer of Adeptron. "His diverse manufacturing background will assist in his transition to the CFO role and I am confident that he will bring significant value to our management team."

"I am looking forward to continuing to be part of this exciting and growing company and its management team," said Mr. Szczur. "The industry has been particularly challenging over the last couple of years and so our focus will be on making continual progress in areas that improve the future profitability of the Company."

About Adeptron:

Adeptron is a specialist at delivering integrated product solutions and support to the global technology and electronics industry. As a leading global provider of complete Electronics Manufacturing Services (EMS), Adeptron offers world class manufacturing facilities and global partners throughout Canada, the United States, Israel and China, allowing the Company to provide its customers the flexibility and scalability to competitively achieve total solutions to their present and future electronics outsourcing needs. Adeptron is a public company whose common shares are listed for trading on the Toronto Stock Exchange (TSX) under the symbol: "ATQ". Visit Adeptron at: www.adeptron.com.

Adeptron is a public company whose common shares are listed for trading on The Toronto Stock Exchange under the symbol: "ATQ". Visit Adeptron at: www.adeptron.com or www.investorfile.com.

THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO SUCH MATTERS AS EXPECTED FINANCIAL PERFORMANCE, BUSINESS PROSPECTS, TECHNOLOGICAL DEVELOPMENTS, DEVELOPMENT ACTIVITIES AND LIKE MATTERS. THESE STATEMENTS INVOLVE RISK AND UNCERTAINTIES, INCLUDING BUT NOT LIMITED TO RISK FACTORS DESCRIBED IN DOCUMENTS FILED WITH REGULATORY AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY REPORTS AND ANNUAL INFORMATION FORM. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED AS A RESULT OF THESE RISKS AND SHOULD NOT BE RELIED UPON AS A PREDICTION OF FUTURE EVENTS. ADEPTRON TECHNOLOGIES CORPORATION UNDERTAKES NO OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER THE DATE ON WHICH SUCH STATEMENT IS MADE, OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

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For further information: Adeptron Company Contact: F. Michael Marti, President & Chief Executive Officer, Tel: [phone], [email protected]; Adeptron Company Contact: Jon Szczur, Chief Financial Officer, Tel: [phone] x2299, [email protected]