DRC Announces Kenneth F. Kames Retirement From Board Of Directors
ANDOVER, Mass., July 2, 2010 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of innovative management consulting, engineering, and technology solutions to federal and state governments, today announced that Kenneth F. Kames has retired from the Company's Board of Directors, effective June 29, 2010.
Mr. Kames came to the Board as he was completing his career with The Gillette Company as Vice President for New Business Development. Mr. Kames has served on DRC's board of directors since 1997 and has chaired the Audit Committee of the Board for more than a decade. Mr. Kames guided the Company through the implementation of Sarbanes-Oxley and greatly strengthened the Company's governance processes.
"Ken has performed his duties with the highest level of integrity, skill and commitment. It has been a distinct pleasure to serve with Ken. DRC has benefitted greatly from the counsel of Kenneth Kames; his wisdom and experience have provided invaluable service to the Company's shareholders, management and employees," said Jim Regan, DRC's chairman of the board.Mr. Nickolas Stavropoulos, a current member of the DRC board of directors, will succeed Mr. Kames as Chairman of the Audit Committee. About Dynamics Research Corporation Dynamics Research Corporation (DRC) provides measurable performance improvements for government customers through the delivery of innovative management consulting, engineering and technology solutions. DRC offers the capabilities of a large company and the responsiveness of a small company, backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation (Nasdaq:DRCO) and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts and the Washington, D.C. region. For more information, please visit our website at www.drc.com. Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.
CONTACT: Darrow Associates, Inc. Investors: Chris Witty 646.438.9385 firstname.lastname@example.org Sage Communications (for DRC) Media: Marisa Hagerman 703.584.5637 email@example.com
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV