Contec Names Todd E. Stirtzinger President and Chief Executive Officer

Stirtzinger joins Contec from DRS Technologies, where he held several senior leadership roles since he joined the company in 1995. Most recently, as President of DRS Imaging and Targeting Solutions, he has been responsible for the overall management and financial performance of the company's $600 million electro-optical, infrared business unit.

Prior to that role, Stirtzinger served in positions of increasing responsibility across operations, sales management, strategic planning, program management and financial planning and control. During his tenure, DRS Technologies experienced significant growth with the electro-optical, infrared business units more than doubling sales and the employee base growing to over 1,200 employees across three operational sites.

Speaking on behalf of the Contec Board, Randall E. Poliner, Chairman, said, "Todd brings to Contec a combination of skills and experience that make him a great person to lead our Company in achieving the client centered growth and technology objectives we have set for ourselves. Todd has demonstrated an ability to build key client facing, quality oriented organizations. He has established a strong track record of driving growth in large, global businesses and building teams that thrive and grow in demanding environments."

"We look forward to bringing Todd’s strategic acumen, operating and sales skills as well as his large-scale profit and loss management experience to Contec. The Board and management at Contec unanimously believe that Todd will be an exceptional leader for this organization," Poliner added.

"I am excited to join Contec at this pivotal point in the Company’s development," said Stirtzinger. "With its strong reputation in the market, a robust pipeline of potential opportunities and several identified areas for expansion, the Company has a foundation upon which we can readily build. I look forward to working with the Company's talented staff to build on the success it has achieved. Contec is also poised to take advantage of new global opportunities made possible with the additional resources provided through Contec’s capabilities.”

Contec recently announced that Contec, a Tokyo Stock Exchange listed firm based in Osaka, Japan is expected to purchase a majority of the Company at the end of this year.

About Contec Americas Inc.

Contec Americas is a global technology design, manufacturing, and integration company with an extensive portfolio of solutions ranging from tier 1 computers to fully custom computing platforms, displays, and All-in Ones (AIO). Contec provides additional value to its customers through product design & innovation, life cycle management, logistics and post-production support. Our products and services are sold around the world to customers in many segments including industrial automation, IoT/M2M, medical and diagnostics, transportation, military simulation, and gaming. Contec Americas is a proud member of the Contec Co., Ltd. Group companies, founded on innovations in industrial computing and PC based technology since 1975.