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Probe Manufacturing Announces Mr. Ralph Adams Appointment as Special Advisor to Its Board of Directors

Dépèche transmise le 7 juin 2011 par Business Wire

Probe Manufacturing Announces Mr. Ralph Adams Appointment as Special Advisor to Its Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)--Probe Manufacturing, Inc., (PMFI.PK), a global electronics design & manufacturing services company, announced today that it appointed Mr. Ralph Adams, an experienced mergers and acquisitions professional, as a special advisor to its Board of Directors. Mr. Adams is currently the General Manager of Alix Technologies and CEO of American Steel and former CEO of Anodyne Aerospace from 1991 to 2008.

Mr. Adams has successfully completed numerous mergers and acquisitions of technology related companies. He has also served as a consultant to lenders and Board of Directors on restructuring insolvent and under capitalized manufacturing companies.

While looking for someone to serve as a special advisor to the board, we sought an expert who had practical experience in working with potential acquisitions and their creditors. Mr. Adams will be working closely with Probe’s CEO, Kam Mahdi, focusing on growing Probe’s revenue and asset base through mergers and acquisitions.

About Probe Manufacturing, Inc.

Probe Manufacturing is a global electronics Design and Manufacturing Services Company providing innovators with business services through our factory in California as well as factories Worldwide. Headquartered in Irvine, California, Probe has been serving industrial, instrumentation, medical, aerospace, defense, and automotive industries since 1994. Probe’s common stock is traded on the bulletin board under the symbol PMFI.PK. Further information is available on Probe’s website: www.probeglobal.com.

This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with respect to whether Probe’s business strategy to increase revenue through merger and acquisitions. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; uncertainties regarding changes in the EMS industry; the uncertainties relating to the implementation of our global business strategy; and other risk factors as outlined in the company’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.