ANDOVER, Mass., Feb. 22, 2013 (GLOBE NEWSWIRE) -- It is with deep regret that Dynamics Research Corporation today announces that Dr. Francis J. Aguilar, long-time member of the Company's Board of Directors, has recently passed away.
Dr. Aguilar's service on DRC's Board began in 1987. Most recently Dr. Aguilar served on the Compensation and Governance Committees and as Lead Director. Dr. Aguilar was a Professor of Business Administration, Emeritus, at the Harvard University Graduate School of Business Administration, and from 1995 through 2009 was Executive Director of the Management Education Alliance, a non-profit organization dedicated to improving business education for African-Americans and Hispanic Americans. Dr. Aguilar also served as a trustee of Bentley University and Treasurer of the New Hampshire Music Festival.
"DRC has been fortunate to have benefited for so long a period from Dr. Aguilar's wisdom, contributions and leadership. He will be greatly missed," said Jim Regan, DRC's chairman and chief executive officer. "From a personal viewpoint I am grateful to have been able to work with a person of such outstanding capability, integrity and character."About Dynamics Research Corporation Dynamics Research Corporation (DRC) provides technology and management consulting solutions focused on driving performance, process and results for government clients. DRC offers innovative solutions and delivers rock solid results. DRC has large company capabilities and small company agility. 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 Certain statements contained in this news release, which are not historical facts or are related to future plans, events, revenues and earnings expectations, objectives and outlooks are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and, by their nature, are uncertain and subject to a number of risks and uncertainties that could adversely affect the Company's results. We can provide no assurance that these statements will prove to be correct. Consequently, actual results could materially differ from these statements. For more detailed information concerning how these risks and uncertainties could affect the Company's financial results, please refer to DRC's most recent forms 10-K and 10-Q and other documents filed with the Securities and Exchange Commission. Further, the Company is under no duty or obligation to update or revise any forward looking statements as a result of events or new information.
CONTACT: Investors: Chris Witty Darrow Associates, Inc. 646.438.9385 firstname.lastname@example.org Media: Ilina Dimitrova Sage Communications (for DRC) 703.531.8256 email@example.com
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