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8-K - FORM 8-K - COMARCO INC | a60007e8vk.htm |
EX-3.02 - EX-3.02 - COMARCO INC | a60007exv3w02.htm |
Exhibit
99.1
COMARCO
ANNOUNCES EXECUTIVE LEADERSHIP CHANGES
LAKE FOREST, CA, August 18, 2011 Comarco, Inc. (OTC: CMRO), a leading provider of
innovative mobile power solutions through its ChargeSource® line of mobile power products that can
power and charge most mobile electronics anywhere in the world with a single device, today
announced changes to its executive leadership.
Today, Comarco announced that Thomas W. Lanni, 58, was appointed as the Companys President and
Chief Executive Officer effective August 15, 2011. Mr. Lanni, who previously served as the
Companys Chief Technology Officer, replaces Fredrik Torstensson, who had served as the companys
interim President and Chief Executive Officer until his employment with the company terminated on
August 15, 2011. The Companys Board of Directors also appointed Mr. Lanni as a Director of the
Company effective August 15, 2011.
The Board of Directors looks forward to working with Tom to successfully launch the Companys
newest and most innovative products, and to develop further Comarcos technology and lead its
direct sales initiatives, said Michael R. Levin, the Chairman of the Board of Directors. Tom has
created all of Comarcos power-related technologies in
his seventeen years with the company, and has the insight and drive to expand the Companys
leadership in mobile power adapters, Mr. Levin continued.
I am excited about the prospects for Comarco, its products, and its intellectual property, and
look forward to working with the management team and the Board of Directors to position the Company
to capitalize on the high-growth and high-margin opportunities that exist for our products, said
Mr. Lanni. We have a superb team in place with the right talents needed to transform the
marketplace for mobile power supply devices with our products.
Mr. Lanni has more than 27 years of experience in the technology of power systems and joined the
Company in 1994. Prior to joining the Company, he was President of Power Conversion Technologies,
Inc. (from 1992 to 1994). From 1987 to 1992, he was Vice President of Engineering at Bruno New
York Industries Inc., a military weaponry specialist firm. Prior to that position, from 1982 to
1987, he was Engineering Group Leader at Aerospace Avionics, Inc., a company whose various
manufacturing activities are carried out through its Aerospace, Specialty Engineering, Medical and
Detection divisions.
About Comarco
Based in Lake Forest, Calif., Comarco is a leading provider of innovative, patented mobile power
solutions that can be used to power and charge notebook computers, mobile phones, and many other
rechargeable mobile devices with a single device. The Companys Web sites can be found at
www.comarco.com and www.chargesource.com.
25541 Commercentre Dr., Suite 250, Lake Forest, CA 92630 Office: (949) 599-7400 Fax: (949) 599-1430
Forward-Looking Information
This news release includes forward-looking statements that are subject to risks, uncertainties,
and other factors that could cause actual results or outcomes to differ materially from those
contemplated by the forward-looking statements. Any statements in this news release that are not
statements of historical facts constitute forward-looking statements, which are generally
identified by words such as believes, anticipates, plans, expects, will, would, and
similar expressions. Many important factors may cause the Companys actual results to differ
materially from those discussed in any such forward-looking statements, including but not limited
to, improving the Companys business prospects and creating value for shareholders. Although we
believe that the assumptions underlying the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, we cannot assure that the results or prospects
contemplated in forward-looking statements will be realized in the timeframe anticipated or at all.
The Company undertakes no obligation to revise or update publicly any forward-looking statements
for any reason, except as may be required by applicable law.
Company Contacts: |
||
Tom Lanni
|
Alisha Charlton | |
President and CEO
|
VP and Chief Accounting Officer | |
Comarco, Inc.
|
Comarco, Inc. | |
(949) 599-7460
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(949) 599-7551 | |
tlanni@comarco.com
|
acharlton@comarco.com |
25541 Commercentre Dr., Suite 250, Lake Forest, CA 92630 Office: (949) 599-7400 Fax: (949) 599-1430