WESTMINSTER, Mass.--(Business Wire)--
TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision" or "the
Company"), a leading manufacturer of large-scale, high-precision machined metal
fabrications with customers in the alternative energy, medical, nuclear,
defense, aerospace and other commercial industries, today announced the hiring
of William N. Hogenauer to the newly created position of Director of Business
Development.
"We are pleased to welcome a professional of Bill`s caliber to TechPrecision,"
said Mr. Louis Winoski, the Company`s Chief Executive Officer. "Bill has over 15
years of experience in sales, engineering, product development, and management.
He is a proven leader and entrepreneur who knows how to take a project from
concept to reality. Throughout his career, Bill has demonstrated an ability to
open doors to new and profitable opportunities and develop lasting business
relationships. Furthermore, he has worked in and understands the industries that
TechPrecision targets. We are confident Bill will play an important role in
broadening our addressable markets and leveraging TechPrecision`s unique
capabilities to drive future growth in our business."
Mr. Hogenauer joins TechPrecision from WebTCD, an early-stage medical device
hardware and software company that he co-founded and where he served as CEO. He
began his career as a Sales Engineer at InterTest where he was responsible for
designing and integrating non-destructive testing systems and driving sales to a
customer base that included materials manufacturers, government agencies, power
generation services, medical manufacturers, and aerospace companies. After
InterTest, Mr. Hogenauer pursued several entrepreneurial ventures and
successfully developed two businesses in the areas of medical technology and
data analytics. Mr. Hogenauer holds a B.S. in Materials Science and Engineering
from Lehigh University, is the co-inventor on 16 U.S. patents, and is well
published in his field.
About TechPrecision Corporation
TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc.,
manufactures metal fabricated and machined precision components and equipment.
These products are used in a variety of markets including: alternative energy,
medical, nuclear, defense, industrial, and aerospace. TechPrecision`s goal is to
be an end-to-end service provider to its customers by furnishing customized and
integrated "turn-key" solutions for completed products requiring custom
fabrication and machining, assembly, inspection and testing. To learn more about
the Company, please visit the corporate website at http://www.techprecision.com.
Information on the Company`s website or any other website does not constitute a
part of this press release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the
business of the Company and its subsidiary companies. These forward looking
statements are often identified by the use of forward-looking terminology such
as "believes, expects" or similar expressions. Such forward looking statements
involve known and unknown risks and uncertainties that may cause actual results
to be materially different from those described herein as anticipated, believed,
estimated or expected. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release. The company`s actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including the Company`s ability to generate business from long-term
contracts rather than individual purchase orders, its dependence upon a limited
number of customers, its ability to successfully bid on projects, and other
risks discussed in the company`s periodic reports that are filed with the
Securities and Exchange Commission and available on its website (www.sec.gov).
All forward-looking statements attributable to the Company or to persons acting
on its behalf are expressly qualified in their entirety by these factors other
than as required under the securities laws. The Company does not assume a duty
to update these forward-looking statements.
TechPrecision Corporation
Mr. Richard F. Fitzgerald
Chief Financial Officer
Tel: 1-610-246-2116
Email: Fitzgeraldr@techprecision.com
www.techprecision.com
OR
Investor Relations:
CCG Investor Relations
Mr. Athan Dounis, Account Manager
Phone: 1-646-213-1916
Email: athan.dounis@ccgir.com
Mr. Crocker Coulson, President
Phone: 1-646-213-1915
Email: crocker.coulson@ccgir.com
Copyright Business Wire 2009
