ORBAN NAMES ROGER SALES CHIEF FINANCIAL OFFICER
Tempe, AZ February 9th, 2009 — Orban, a worldwide leader in audio processing for AM, FM, TV, and Internet broadcasting, announces the appointment of Roger Sales as Chief Financial Officer.
C. Jayson Brentlinger, President, CEO and Chairman of Orban announced the appointment, commenting; "We are very fortunate to have someone of Roger's abilities join our company as our CFO during these challenging times. I first met Roger when he was part of the team in charge of the transition of Orban from Harman to CRL in 1999, when he earned my respect and admiration."
Sales has been associated with Orban for the last two years as a consultant and Independent member of the CRL Board of Directors. Having worked in the US and Australia as well as his native UK, Sales now brings his international experience and expertise to Orban's worldwide operation. He is a highly qualified accountant and holds a degree in commerce from the University of Leeds in the UK. He has worked in a number of senior financial roles during his career, including a long period in the Professional Audio field where he was CFO for the Harman International Professional Audio Division for many years.
Sales replaces Rebecca Nation, who was performing the CFO role on a temporary basis in addition to her other duties as Vice President of Human Resources. In January 2009, Nation was appointed Vice President of US Operations.
Orban Forward-Looking Statement
This news release may contain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Management's anticipation of future events is based upon assumptions regarding levels of competition, research and development results, raw material markets, the markets in which the company operates, and stability of the regulatory environment. Any of these assumptions could prove inaccurate; and therefore, there can be no assurance that the forward-looking information will prove to be accurate.
About Orban
Orban is a manufacturer of high-quality digital and analog audio processing, transmission encoding, and noise reduction equipment. Orban is in the market for radio, TV and Internet audio processing. As technology evolves, Orban continues to innovate with state-of-the-art audio processing products for DAB, DTV and streaming media. The Company purchased Orban® in May of 2000. Orban was founded in 1970 by Bob Orban, who is the world's foremost expert in transmission audio processing for broadcast. Orban leads the industry in the design and manufacture of audio processors for radio, television and Internet broadcasting. Recognized for its standard-setting Optimod® digital audio processors and the Opticodec® codecs, the Orban name has become synonymous with reliable, high performance products. Today, its versatile audio processing equipment and codecs are the products of choice in fast-paced production environments worldwide.
For more information contact David Rusch at phone +1 (480) 403-8300, fax +1 (480) 403-8301 or e-mail: dru...@orban.com. Information is also available at www.orban.com and www.orban-europe.com.