MILTON, N.Y., Aug. 27, 2012 /PRNewswire/ -- Sono-Tek Corporation (OTCQB: SOTK), today announced a restructuring of its organization so that Dr. Joseph Riemer will become VP-Food Business Development and Stephen Harshbarger will assume the duties of President. Both executives will report to Dr. Christopher L. Coccio, Chairman and CEO.
According to Dr. Coccio, "Dr. Riemer has a long background in the food business and has brought to Sono-Tek unique knowledge of this market and customers. We feel the time has come, based on some recent successes with large multinational food companies, to increase our focus on this area that has potential for our technology and equipment. In addition to Food Business Development, Dr. Riemer will continue to handle other responsibilities including intellectual property agreements, our Quality & Assurance function, and Human Resources for the Company."
Mr. Harshbarger has extensive experience at Sono-Tek in Customer Service, Sales, and Management of Sales and Marketing. He is intimately familiar with our products, markets, distributors, and customers. He will have the functions of Sales, Marketing, Technical Services, and Manufacturing Operations reporting to him in his new capacity as President.
These changes, combined with recent cost reductions, are designed to maximize opportunity in the current sluggish business climate in the US and overseas. They should help keep Sono-Tek profitable should the lower overall sales revenues we are experiencing in the first and second quarters of the current fiscal year continue. In addition, these changes will provide an opportunity for the growth of our younger team members with the guidance of two senior executives, the CEO and the VP-Food Business Development.For further information, contact Dr. Christopher L. Coccio, at 845-795-2020, or visit our website at www.sono-tek.com. Sono-Tek Corporation is a leading developer and manufacturer of liquid spray products based on its proprietary ultrasonic nozzle technology. Founded in 1975, the Company's products have long been recognized for their performance, quality, and reliability.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts