eMagin Appoints Campbell Interim CFO
April 21st, 2008 Leave a comment Visited 13 times, 1 so far today
eMagin Corporation (OTCBB:EMAN), the leader in OLED microdisplay and personal imaging technologies, announced today that it has appointed Paul Campbell as its new interim chief financial officer.
Mr. Campbell succeeds Michael Fowler, whose interim appointment concluded. Like Mr. Fowler, Mr. Campbell is a member of the highly regarded firm Tatum LLC.
“We are pleased to welcome Paul to eMagin and we look forward to leveraging his skills as we continue to execute upon our growth strategy,” said Admiral Tom Paulsen, interim chief executive officer and non-executive Chairman of eMagin’s Board of Directors. “He brings us a broad array of experience in financial leadership, including financing transactions, strategic planning, and investor relations. We also wish Mike much success in his next endeavors, and appreciate the valuable leadership and support he provided during his tenure.”
Paul Campbell brings to eMagin expertise gained over the course of more than 30 years of finance and business related experience at both established and emerging companies. He has served as CFO of four public companies and has led initial public offerings and numerous financing activities. During the most recent five years preceding his appointment, Mr. Campbell served as chief financial officer for Organic To Go, Inc., and was the principal in Campbell Capital, LLC, a consulting and investment firm in Seattle, WA which provided strategic planning and financing services to small businesses. He holds a master of business administration from Pepperdine University and a bachelor of arts in business economics from the University of California at Santa Barbara.
Tatum LLC is a national organization providing executive-level CFO services to companies undergoing rapid and significant change. Today, Tatum is a 33 office, nearly 1,000 partner, 4,000+ clients worldwide, $150 million firm providing strategic, financial, and technology leadership services to fast-growth small, medium, and large-sized businesses.
“I am delighted to be joining the eMagin team,” said Paul Campbell. “I look forward to working with eMagin as it begins to realize its tremendous market potential in the emerging market for high resolution, high performance microdisplays. Focused financial direction will better permit the company to take full advantage of its well entrenched market and technology leadership position in OLED microdisplays.”
eMagin recently reported record results for 2007, with year-over-year revenue improving by 115% and reduced operating expenses compared to 2006.
About eMagin Corporation
A leader in OLED microdisplay technology and personal display systems, eMagin integrates high-resolution OLED microdisplays with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin Microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. The company’s own Z800 3DVisor(TM) provides 3D stereovision and headtracking for PC gaming, training and simulation, immersion therapy, and other applications. eMagin’s microdisplay manufacturing and R&D operations are co-located with IBM on its campus in East Fishkill, New York. System design facilities and sales and marketing are located in Bellevue, Washington. For more information about eMagin and its OLED Microdisplays, visit www.emagin.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding eMagin Corporation and its subsidiaries’ expectations, intentions, strategies and beliefs pertaining to future events or future financial performance. All statements contained herein are based upon information available to eMagin’s management as of the date hereof, and actual results may vary based upon future events, both within and without eMagin management’s control. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those in the forward-looking statements as a result of various important factors, including those described in the Company’s most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
Note: eMagin is a trademark of eMagin Corporation.
Contacts
eMagin Corporation
Susan Jones, 425-749-3614
sjones {at} emagincorp(.)com
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