JERSEY CITY, N.J.--(BUSINESS WIRE)--
BEL FUSE INC. (NASDAQ:BELFA) (NASDAQ:BELFB) announced
today that Eric Nowling has been appointed to the company's Board of
Directors. Mr. Nowling's appointment increases the number of Board
members to ten, including nine outside Directors.
Daniel Bernstein, Bel's President and CEO, said, "With 35 years of
accounting and financial management experience at public companies
substantially larger than Bel, we believe that Eric Nowling is
exceptionally well-qualified to join our Board as we continue to grow
through acquisitions. Bel has made three major acquisitions in the past
16 months that will double our sales going forward."
Eric Nowling, 57 years old, currently is Vice President of Global
Accounting for Verint Systems Inc., a NASDAQ-listed company based in
Melville, New York with annual revenue of approximately $1 billion
generated by multiple global operating entities. Previously, he served
as Vice President, Controller and Chief Accounting Officer, and for
several years as CFO, for Standard Microsystems Corporation.
Mr. Nowling holds a B.S. degree in Economics (magna cum laude), from the
University of Pennsylvania's Wharton School of Business and is a CPA in
the State of New York.
About Bel
Bel (www.belfuse.com)
is engaged in the design, manufacture, and sale of products used in
aerospace, data transmission, military, transportation, and consumer
electronics. Bel's product groups include Magnetic Solutions (discrete
components, power transformers and MagJack® connectors with integrated
magnetics), Power Solutions and Protection (AC-DC power supplies, DC-DC
converters, custom designs, miniature, micro, surface mount and
resettable fuses) and Connectivity Solutions (micro, circular, filtered
D Sub, fiber optic, RF connectors, microwave components, passive jacks,
plugs and cable assemblies). The Company operates facilities around the
world.
Investor Contact:
Neil Berkman Associates
310-477-3118
info@berkmanassociates.com
or
Company
Contact:
Bel Fuse Inc.
Daniel Bernstein
President
201-432-0463
ir@BelFuse.com
Source: Bel Fuse Inc.
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