Alco Advanced Technologies, Inc. Announces the Nomination of Alberto Surijon as the New CEO
21 September 2010 - 5:00AM
Marketwired
Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today
that Alberto Surijon, a veteran technology executive who was most
recently Executive Vice-President and President Latin America since
March 2008, has been named Chief Executive Officer, effective
immediately. Mr. Surijon holds a Bachelor's Degree in Electronic
Engineering from UTN University and has over 35 years experience in
the Security industry. His accomplishments include: Founder and
President of Guard Security Systems Corp Argentina 1983-1997,
Founder of CEMARA, Founder, Partner and Vice President of STM Corp.
(Seguridad Del Tercer Milenio S.A.) Alarm Monitoring Central
Station, and Monitoring the Alarm Central Station Association of
Argentina.
Sylvain Desrosiers, former CEO, said, "We are very excited to
have Alberto Surijon leading Alco Advanced Technologies, Inc. into
its next era of growth. He has the exact combination of a seasoned
Technology Executive and Savvy Leader, which the Board recognizes.
We are thrilled to have such a world-class talent as the new CEO of
ALCO! He is admired in the Technology field for his extensive
management expertise, strong customer orientation, and clear
understanding of the challenges facing the industry. Mr. Surijon
meets all of the criteria necessary to empower Alco Advanced
Technologies, Inc. as one of the new leaders in the technology
industry."
Mr. Surijon accepted by saying, "On behalf of the board, I would
like to thank Mr. Desrosiers for his unwavering enthusiasm for Alco
shown over the last two years. His unique perspective on the
company and iconic stature in the industry make him a valuable
resource for the future. We are delighted that he plans to stay
actively involved and are deeply grateful for his contributions to
the company's development over the years. We are pleased that Mr.
Desrosiers will remain on the Board of Directors."
Safe Harbor Statement:
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the economic
conditions in the industry and the financial strength of the
Company's customers and suppliers. The Company does not undertake
any obligation to update such forward-looking statements. Investors
are also directed to consider all other risks and
uncertainties.
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