RF Industries Announces the Appointment of Independent Board Member Joseph Benoit
From 1992-2012 Mr. Benoit held executive positions of increasing responsibility at Union Bank. As a Senior Vice President/Market President he directly managed over 100 Union Bank branch offices. In 2008 he became Executive Vice President and head of Business Banking for Union Bank. He subsequently served as Union Bank’s integration manager for their FDIC assisted acquisitions.
Mr. Benoit has served on numerous boards, primarily in a finance capacity, including the San Diego Regional Chamber of Commerce, the Pacific Coast Banking School and the San Diego Zoological Society Foundation. He holds a B.S. in Business Administration from San Diego State University, an MBA from National University and he is a graduate of the Pacific Coast Banking School.
Howard Hill, CEO of RF Industries, stated, “We are very pleased to welcome Joe as a new independent member of our Board of Directors. We believe that his extensive financial experience will be of tremendous value to our board as we look to build long term value for our shareholders.”
About RF Industries
RF Industries manufactures, designs and distributes Radio Frequency (RF) connectors and cable assemblies, medical cabling products, RF wireless products and fiber optic cable products. Coaxial connectors, cable assemblies and custom microwave RF connectors are used for Wi-Fi, PCS, radio, test instruments, computer networks, antenna devices, aerospace, OEM and Government agencies. Medical Cabling and Interconnector products are specialized custom electrical cabling products for the medical equipment monitoring market. RF Wireless products include digital data transceivers for industrial monitoring, wide area networks, GPS tracking and mobile wireless network solutions. Fiber optic cable, connector and harness products serve computer, aerospace, computer networking and specialty applications.
This press release contains forward-looking statements with respect to future events which are subject to a number of factors that could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to: changes in the telecommunications industry; the operations of the Cables Unlimited division which was acquired in June 2011; and the Company’s reliance on certain distributors for a significant portion of anticipated revenues. Further discussion of these and other potential risk factors may be found in the Company’s public filings with the Securities and Exchange Commission ( www.sec.gov ) including its Form 10-K. All forward-looking statements are based upon information available to the Company on the date they are published and the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or new information after the date of this release.
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