Laser Technology, Inc. Announces the Addition of Eric Miller
8 May 2000
Laser Technology, Inc. Announces the Addition of Eric Miller to the Company's Board of DirectorsENGLEWOOD, Colo., May 8 Laser Technology, Inc. (Amex: LSR), a leading designer, manufacturer and marketer of pulse laser measuring systems, today announced the addition of Eric Miller, the Company's President and Chief Executive Officer, to the Company's Board of Directors. Mr. Miller has been with the Company since 1988, shortly after its inception, and was appointed as the Company's President and Chief Executive Officer in March 2000. The Board believes Mr. Miller's broad knowledge and experience with the Company's products and markets will provide an excellent contribution to the Board from an internal operations perspective. He has been Engineering Manager for the past six years, and his engineering background has included the design, development and production of many of the Company's product lines. Mr. Miller received a Bachelor of Science degree in Electronics Engineering from DeVry Institute of Technology, Inc. Mr. Miller's appointment increases the number of directors to seven. Laser Technology, Inc. manufactures and markets laser-based speed and distance measuring instruments which utilize proprietary technology developed by the Company. Its products are sold worldwide and are used in a wide variety of applications, including traffic speed enforcement, natural resource management, GIS mapping, surveying, sporting/recreational activities, and industrial process control. The Company's headquarters and primary manufacturing facilities are located in Englewood, Colorado, and its common stock traded on the American Stock Exchange under the ticker symbol "LSR." This press release includes statements which may constitute "forward-looking" statements, usually containing the words "believe," "project," "expect" or similar expressions. Any forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned forward- looking statement inherently involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, new products and technological developments, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. For further information, please contact: Maggie Urban-Phillips, Investor Relations at (303) 649-1000, or RJ Falkner & Company, Investor Relations Counsel at (800) 377-9893 or via e-mail at info@rjfalkner.com .