Nortech Systems Announces Two New Board Members: Jay D. Miller & Dr. Steven Rosenstone
MINNEAPOLIS – Nortech Systems Inc. (NASDAQ: NSYS) announced that Jay D. Miller and Dr. Steven Rosenstone were recently elected to its board of directors.
“We’re excited to add two directors of such high caliber, both complementing and strengthening our already impressive board,” said Rich Wasielewski, president and CEO of Nortech Systems. “Their management experience, leadership and wisdom will help guide our company’s future growth.” He added, “Nortech’s key strategies are in place, including globalization, increased engineering resources and higher-value services for companies ranging from Fortune 500 multinationals to start-ups in the medical, industrial and defense markets.”
Miller’s executive leadership and business experience span a wide range of medical technology companies. He serves as the acting chairman of the board of NXC Imaging, a medical imaging distribution company, and on the boards of NerveVision, a developer of medical software products, and MRI Instruments, Inc., a developer of magnetic resonance imaging products. Previously Miller held CEO positions with IMRIS, Inc., which designs image-guided surgical solutions, and Zonare, Inc. and Vital Images, Inc. in the medical imaging and visualization industry. Earlier career experience includes the healthcare businesses of both Siemens and GE. Miller has also advised and served on the boards of a number of other healthcare companies.
Dr. Rosenstone brings broad experience in higher education leadership, workforce development and international markets and culture. He was the chancellor of the Minnesota State Colleges and Universities from 2011 until his retirement in 2017. Previously he held positions with the University of Minnesota, including vice president of scholarly and cultural affairs and dean of the College of Liberal Arts. Earlier he was on the faculty at Yale University and the University of Michigan. Dr. Rosenstone has served on numerous boards and commissions including the Minnesota Business Partnership and the Governor’s Workforce Development Board. He twice traveled to the People’s Republic of China on behalf of the University of Minnesota and was a member of Governor Mark Dayton’s 2016 trade mission to Mexico.
About Nortech Systems Incorporated
Nortech Systems (www.nortechsys.com), based in Maple Grove, Minn., is a full-service electronics manufacturing services (EMS) provider of complex interconnect solutions, printed circuit board assemblies and diagnostic repair and integration services including higher-level assemblies and box builds for a wide range of industries. Markets served include industrial and commercial equipment, medical device, and aerospace & defense. Nortech has a range of specialized, high-tech facilities in the U.S., Latin America and Asia used for customized design, manufacture, testing and repair of its solutions. Nortech Systems is traded on the NASDAQ Stock Market under the symbol NSYS.
Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. While this release is based on management’s best judgment and current expectations, actual results may differ and involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the forward-looking statements include, without limitation: volatility in market conditions which may affect market supply of and demand for the company’s products; increased competition; changes in the reliability and efficiency of operating facilities or those of third parties; risks related to availability of labor; commodity and energy cost instability; general economic, financial and business conditions that could affect the company’s financial condition and results of operations; as well as risk factors listed from time to time in the company’s filings with the SEC.
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