Tuesday February 19, 6:30 am ET
Company Appoints New Sales Executives in Europe, Asia, and the U.S. to Meet Growing Customer Demand for Lasers in Consumer Electronics, Advanced Medical Treatments, Defense, and Industrial Applications
SYLMAR, Calif.--(BUSINESS WIRE)--QPC Lasers, Inc. (OTC BB: QPCI.OB) ?QPC,? a world leader in the design and manufacture of high brightness, high power semiconductor lasers for the consumer electronics, industrial, defense, and medical markets, announced that it has strengthened its global sales and marketing team with eight new executives to support its business objectives and sales goals.
The expansion of the European, Asian, and North American based sales teams, along with additions to the in-house marketing team, reflect QPC?s commitment to extend the range of commercial applications for its proprietary technology by growing its distribution capabilities and channels around the globe.
?Throughout the past several months, QPC has recruited and trained top talent from the industry and has now established a world class in-house marketing and regionally-based sales team to drive continued sales growth in the coming years,? said QPC?s Senior VP of Marketing & Sales, Dr. Paul Rudy. ?These appointments reflect the company?s commitment to strong partnerships with our customers worldwide as we see enthusiastic interest in our newly released Generation III lasers.?
The expanded marketing team includes a Consumer Electronics Business Development leader, Technical Product Manager, and Investor Relations Director located at company headquarters in Southern California. To support international sales growth, QPC has established region-based Sales Managers in Europe and Japan that are responsible for direct sales in the region as well as the management of the company?s 12 representatives and distributors worldwide. To support domestic growth, QPC has expanded its direct sales team with region-based Sales Managers for the Northeastern and Southeastern regions. The company also added an Inside Sales Manager based in the company?s headquarters.
Released late last year, QPC?s Generation III advanced laser technology enables QPC to enter new multi-billion dollar markets and offer unique solutions for high growth consumer electronics applications, advanced surgery, and high power defense and industrial applications.
Forward Looking Statements
This release and other materials released by the Company from time to time contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Company's management as well as estimates and assumptions made by the Company's management. When used in the materials the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to the Company or the Company's management identify forward looking statements. Such statements reflect the current view of the Company with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the sections of the Company's reports filed with the Securities and Exchange Commission entitled "Risk Factors") relating to the Company's industry, the Company's operations and results of operations and any businesses that may be acquired by the Company. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. The following discussion should be read in conjunction with the Company's reports filed with the Securities and Exchange Commission.
About QPC Lasers, Inc.
QPC Lasers, Inc. (www.QPClasers.com) is a world leader in the development, manufacture and distribution of high-brightness, high-power semiconductor lasers for the consumer electronics, defense, homeland security, industrial, and medical markets. Founded in the year 2000, QPC is vertically integrated from epitaxy through packaging and performs all critical fabrication processes at its state-of-the-art high-technology facility in the Los Angeles suburb of Sylmar, CA. QPC is a publicly traded U.S. company (OTC BB: QPCI.OB) and is ISO certified.
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