TMCnet News
Channell Announces Resignation of CFOTEMECULA, Calif., Aug. 1 /PRNewswire-FirstCall/ -- Channell Commercial Corporation a designer and manufacturer of telecommunications equipment supplied to operators of communications networks worldwide and water storage tanks distributed in markets throughout Australia, today announced that its Chief Financial Officer, Jerry Collazo, has resigned to pursue other interests. Mr. Collazo will remain an employee of Channell Commercial until the Company files its Quarterly Report on Form 10-Q for the second quarter ended June 30, 2006. Commenting on Mr. Collazo's resignation, William H. Channell Jr., the Company's President and Chief Executive Officer said, "We appreciate Jerry's contribution to Channell Commercial Corp. and wish him the best in his future endeavors. While a search has been initiated to replace Jerry, we are extremely confident that the recent additions of several key employees to our accounting and finance departments will help ensure a smooth transition period." About Channell Channell Commercial Corporation is a designer and manufacturer of telecommunications equipment supplied to communications network operators worldwide and water storage tanks distributed in markets throughout Australia. Major product lines include a complete line of thermoplastic and metal fabricated enclosures, advanced copper termination and connectorization products, fiber-optic cable management systems and polyethylene water storage tanks. Channell's headquarters and U.S. manufacturing facilities are in Temecula, California. International operations include facilities in Toronto (Canada), London (U.K.) and various locations throughout Australia. Channell's website is http://www.channellcomm.com/ CONTACTS At the Company: Michael Perica Treasurer 951-719-2600 [email protected] At Financial Relations Board: Lasse Glassen General Information 310-854-8313 [email protected] Channell Commercial Corporation CONTACT: Michael Perica, Treasurer of Channell Commercial Corporation,+1-951-719-2600, [email protected]; or Lasse Glassen, GeneralInformation of Financial Relations Board, +1-310-854-8313,[email protected], for Channell Commercial Corporation Web site: http://www.channellcomm.com/ |