[June 23, 2004] Avatech Solutions Adds Christopher Olander to Executive Management Team; Prominent Law/Business Authority Joins Avatech as Executive VP and General Counsel BALTIMORE --(Business Wire)-- June 23, 2004 -- Avatech Solutions, Inc. (OTCBB:AVSO.OB), the recognized leader in design and engineering systems integration for the manufacturing, building design and engineering markets, announced Christopher Olander has been appointed Executive Vice President and General Counsel. Chris will serve Avatech well with his 30 years of unique law and business experience - concentrating on technology start-ups, corporate finance, securities regulation, merger and acquisition transactions, and complex banking transactions. Reporting to CEO Scotty Walsh, Chris will be responsible for executing on Avatech's strategic plan and providing in-house legal expertise, particularly as it relates to investor relations, raising capital and mergers and acquisitions. Said Walsh, "This appointment fills out the leadership on Avatech's executive management team, positioning us to better achieve high growth goals articulated by our board. With his strong strategic and legal skills, combined with entrepreneurial development work with technology companies, Chris' expertise will be generously leveraged. By having an in-house legal expert, Avatech ensures that we are meeting all Sarbanes-Oxley regulations to help us sustain operational excellence in all areas." W. James Hindman, Chairman of the Board at Avatech stated, "As a long-standing advisor and counsellor to Avatech and its management, Avatech will benefit enormously from Chris' more than 30 years of legal experience in finance and merger & acquisition transactions, as well as his background in management consulting and the technology sector, where he founded and led companies." During his career, Chris has represented companies, investment banks, merchant banks, venture capital funds and trustees in securities transactions totalling in excess of $30 billion. Prior to the Avatech appointment, Chris was senior attorney at Neuberger Quinn Gielen Rubin & Gibber, where he concentrated on financings and mergers and acquisitions. Prior to that, he leveraged his skills in the business world to form and lead several technology companies. As managing partner for 20 years at Shapiro and Olander, Chris transformed a small, local three-person law firm into a regional legal powerhouse. Chris is a 1970 graduate of The Johns Hopkins University, and a 1973 graduate, with honors, of the University of Maryland School of Law, where he was Associate Editor of The Maryland Law Review and a member of the Moot Court Board. He taught securities regulation and corporate law at Loyola University School of Law in Chicago, and at the University of Baltimore School of Law. He is a sought after speaker and is the author of numerous books and articles. About Avatech Solutions Avatech Solutions, Inc. (OTCBB:AVSO.OB) is the recognized leader in design and engineering systems integration with unparalleled expertise in CAD software, data management and process optimization for the manufacturing, engineering, building design and facilities management industries. Headquartered in Owings Mills, Maryland, the company specializes in software integration, standards development and deployment, education and technical support. Avatech is one the largest integrators of Autodesk software worldwide and a leading provider of SMARTEAM PLM solutions. The company serves 18,000 clients worldwide including the industry leaders from Fortune 500 and Engineering News Record's Top 100 companies. Visit http://www.avatechsolutions.com for more information. All brand names, product names, or trademarks belong to their respective holders. [ Back To TMCnet.com's Homepage ]