INDIANAPOLIS, March 15, 2013 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq:HURC), based in Indianapolis, Indiana, announced today the promotion of Gregory S. Volovic to President. This decision was approved by Hurco's Board of Director's on March 14, 2013. Most recently Mr. Volovic served as Executive Vice President of Technology, Operations, and North American Sales/Service.
Mr. Volovic has been with Hurco Companies, Inc. since March 2005. His vision and entrepreneurial mind are a driving force in strategic innovation and developing new products and technologies. Mr. Volovic has also played a vital role in our global growth. With 27 years of experience, Mr. Volovic's professional background is very broad and includes managing multiple disciplines including machine design, operations, and sales.
"Greg's appointment is an important step forward for the future of Hurco," said Michael Doar, Chairman and Chief Executive Officer. "He has played a vital role in the company's recent growth and global expansion; he has proven himself to be a visionary leader with the ability to navigate Hurco towards the exciting goals we look to achieve in the coming years."Prior to joining Hurco Companies Inc., Mr. Volovic worked at Thomson, Inc. in Indianapolis. He holds a Bachelor of Science Degree in Electrical Engineering, a Master of Science Degree in Computer Science, and an MBA. Hurco Companies, Inc. is an industrial technology company that designs and produces interactive computer controls, software and computerized machine tools for the worldwide metal cutting and metal forming industry. The end market for the Company's products consists primarily of independent job shops and short-run manufacturing operations within large corporations in industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment. The Company is based in Indianapolis, Indiana, with manufacturing operations in Taiwan and China, and sells its products through direct and indirect sales forces throughout North America, Europe, and Asia. The Company has sales, application engineering support and service subsidiaries in China, England, France, Germany, India, Italy, Poland, Singapore, South Africa and the United States of America. Web Site: www.hurco.com The Hurco Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=14761
CONTACT: John G. Oblazney Vice President & Chief Financial Officer 317-293-5309
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $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
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV