InFocus Expands Board to Seven Members with the Addition of Major Shareholder
17 Février 2009 - 7:00PM
Business Wire
InFocus� Corporation (NASDAQ:INFS) today announced Michael Nery,
of Nery Capital Partners, LP, was appointed to the Company�s Board
of Directors.
Mr. Nery founded Nery Capital Partners, an investment fund based
in Asheville, NC, and has acted as its manager since September
1999. In addition, Mr. Nery has served as a director of Tandy
Leather Factory, Inc. since December 2003.
�We are pleased to have Mike on the board. As one of our major
shareholders and founder of an investment fund, he brings an
experience and perspective that will be helpful to us. We look
forward to working with Mike as we focus on our strategic and
business initiatives,� commented Bob O�Malley, InFocus� President
and Chief Executive Officer.
Nery Capital currently owns approximately 12% of InFocus�
outstanding shares.
About InFocus Corporation
InFocus is the industry pioneer and a
global leader in the digital projection market. The company�s
digital projectors make bright ideas brilliant everywhere people
gather to communicate and be entertained - in meetings,
presentations, classrooms and living rooms around the world. Backed
by more than 20 years of experience and innovation in digital
projection, and over 240 patents, InFocus is dedicated to setting
the industry standard for large format visual display. The company
is based in Wilsonville, Oregon with operations in North America,
Europe and Asia. InFocus is listed on NASDAQ under the symbol INFS.
For more information, visit the company�s website at
www.infocus.com.
InFocus, In Focus, INFOCUS (stylized), IN, ASK, Proxima,
LiteShow, LP, ScreenPlay, Play Big, Work Big, Learn Big and The Big
Picture are either registered trademarks or trademarks of InFocus
Corporation in the U.S. and abroad. All other trademarks are used
for identification purposes only and are the property of their
respective owners in this and other countries. All rights
reserved.
Infocus (NASDAQ:INFS)
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