FOR IMMEDIATE RELEASE Friday, October 19, 2012
SMTC Appoints Larry Silber and Claude Germain to the Board of Directors TORONTO - October 19, 2012 -- SMTC Corporation (Nasdaq: SMTX), a global electronics manufacturing services provider, announced today the appointment of Mr. Larry Silber and Mr. Claude Germain to its Board of Directors.
Larry Silber was the Chief Operating Officer, until April
2012, of Hayward Industries, Inc., a privately held and
industry leading global manufacturer of equipment for the
swimming pool and spa market, and for the industrial
fluid-control market. He was named Chief Operating Officer of
Hayward in June 2008 following a 30-year career with
Ingersoll Rand Company. While at Ingersoll Rand, he served
most recently as President of the Utility Equipment Group,
and then helped manage a divestiture of this business and
related businesses to Doosan, a Korean based multinational
company. He concurrently served as Chairman of Ingersoll Rand
Canada, and was on the Board of Directors of a number of
foreign entities for Ingersoll Rand. Larry has extensive
manufacturing experience in global markets, and in
negotiating joint ventures and acquisitions. Larry is a
graduate of Rutgers College, The State University of New
Jersey.
Claude Germain, SMTC's President and Co-Chief Executive
Officer, who will also be joining the Board of Directors,
stated, "We are very excited to welcome Larry to the Board.
His significant experience in global manufacturing and
operations will help us build value for our
shareholders."
SMTC is a public company incorporated in Delaware with its
shares traded on the Nasdaq
Global Market under the symbol SMTX. For further information
on SMTC Corporation, please visit our website at www.smtc.com
Claude Germain Tom Reilly
President and Chief Executive Officer Director of
Marketing
Telephone: (905) 413.1272 Telephone: (905) 413.1188
Email: investorrelations@smtc.comEmail: publicrelations@smtc.com
or
John Nesbett/Jennifer Belodeau Institutional Marketing
Services (IMS) Telephone: (203) 972-9200
Email: jnesbett@institutionalms.com
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