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Allied Motion Appoints New Director
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DENVER--(BUSINESS WIRE)--Aug. 7, 2007--Allied Motion Technologies Inc. (NASDAQ: AMOT) announced that on August 2, 2007, the Board of Directors appointed S.R. (Rollie) Heath to serve as a member of the Company's board of directors. Mr. Heath is a recognized civic and business leader in Colorado and a founding partner of NorthStone Group, a company that advises and educates boards of directors and executive teams on leadership development and decision making. He spent seventeen years in senior management with Johns Manville Corporation, a leading manufacturer of building insulation, commercial roofing, roof insulation and specialty products for commercial, industrial, and residential applications, including as president of its International Corporation and its Building Materials Corporation. He later became the chairman, CEO and a co-founder of Ponderosa Industries, a precision metal parts manufacturing company. He will serve as a director of Allied Motion until the next annual meeting of shareholders or until a successor shall have been elected and qualified. Mr. Heath is filling the board position vacated by Mr. Eugene E. Prince who retired May 3, 2007. "We are very pleased to have Rollie Heath join our board as he brings to the Company a wealth of experience and knowledge in management, business leadership and manufacturing," commented Dick Smith, CEO of Allied Motion. "His many years of business experience, including his experience in working with boards of directors and senior management, will contribute significantly to the success of Allied Motion." Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.
CONTACT: Allied Motion Technologies Inc.
Richard Smith, 303-799-8520
Sue Chiarmonte, 303-799-8520
Fax: 303-799-8521
SOURCE: Allied Motion Technologies Inc.
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