Mark Thomas, Former ITT Executive, Joins Envirotest Systems Corp. To Direct Company's Strategic Planning
23 March 1998
Mark Thomas, Former ITT Executive, Joins Envirotest Systems Corp. To Direct Company's Strategic PlanningSUNNYVALE, Calif., March 23 -- Envirotest Systems Corp. (Amex: ENR), a leader in vehicle emissions testing, today announced that Mark Thomas, recently Senior Vice President and Director of Development of ITT Corporation, has joined Envirotest as Chief Development Officer and Executive Vice President to head the company's strategic effort. The addition of Mr. Thomas to Envirotest's senior management team is consistent with Envirotest's focus on undertaking initiatives to increase the company's base of business. Mr. Thomas will report directly to Chester Davenport, Envirotest's Chairman. Mr. Davenport stated, "Mark Thomas' joining Envirotest is important in several respects. First and foremost, he will help to position Envirotest to develop and take advantage of revenue opportunities inherent in Envirotest's vehicle emissions testing business, including the potential of a data-based marketing effort. Second, Mark will be looking at how best to use our business and financial resources to achieve the strongest returns to shareholders. Finally, Mark's presence at Envirotest underscores the company's potential for growth." Mr. Thomas stated, "Envirotest offers excellent potential for business development opportunities and growth. Given Envirotest's expertise in vehicle emissions testing, its success in the centralized vehicle testing market, and its new, proprietary, non-obtrusive vehicle emissions testing device, Remote Sensing Technology (RST), Envirotest is well-positioned to grow its businesses both domestically and internationally." Envirotest Systems Corp. is the leading provider of vehicle inspection services in the country and the only domestic company that provides vehicle inspection services outside the United States. This press release contains statements that are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which represent the Company's expectations or beliefs concerning future events. The Company cautions that these statements are further qualified by important factors that could cause actual results to differ materially from those in the forward looking statements. A number of such factors are set forth in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. SOURCE Envirotest Systems Corp.