This excerpt taken from the KTEC 8-K filed Apr 16, 2009.
Walla Walla, WA – Key Technology, Inc. (Nasdaq: KTEC) announced today that Craig Miller, Senior Vice President and General Manager of the SYMETIX Business Unit, will resign from the Company to pursue other interests, effective April 17, 2009. The SYMETIX Business Unit will report to Jack Ehren, Senior Vice President and Chief Financial Officer.
David Camp, President and Chief Executive Officer, commented, “Jack played an important role in our recent investment in Proditec SAS and has had significant operational and international business management experience. His initial focus will be on executing our strategic and commercial initiatives in the pharmaceutical and nutraceutical markets, as well as further development of the SYMETIX management team.”
About Key Technology
Key Technology, Inc., headquartered in Walla Walla, Washington, is a worldwide leader in the design and manufacture of process automation systems for the food processing and industrial markets. The Company’s products integrate electro-optical inspection and sorting, specialized conveying and product preparation equipment, which allow processors to improve quality, increase yield and reduce cost. Key has manufacturing facilities in Washington, Oregon, and the Netherlands, and worldwide sales and service coverage.
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address future financial and operating results.
The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements:
For a detailed discussion of these and other cautionary statements, please refer to the Company's filings with the Securities and Exchange Commission, particularly Item 1A, "Risk Factors," of the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2008.
Note: News releases and other information on Key Technology, Inc. can be
accessed at www.key.net.