Published: April 19, 2011
Adacel Announces Appointment of Three US Resident Board Members
ORLANDO, Fla. - (BUSINESS WIRE) - Adacel (ASX:ADA) announced today that the Company has modified its
formal organizational structure to include three United States resident
citizens as Outside Directors on its North American Board. These members
will act to insulate the Company's US operations from foreign ownership
where US interests are concerned.
The appointment of the US based Directors opens the door for Adacel to
expand its US defense business presenting exciting new growth
opportunities for the Company. Adacel has already achieved enormous
success on many US government programs and aims to expand their
presence. The Company has won contracts to provide high tech solutions
to the US Department of Defense and the Federal Aviation Administration
(FAA) for air traffic control and pilot simulation and training systems.
Adacel has also supplied much of the air traffic management automation
software for the FAA's Advanced Technologies and Oceanic Procedures
(ATOP) systems and the advanced direct voice input cockpit control
systems for the F-35 Lightning II joint strike fighter aircraft.
Adacel's North American Board is comprised of two US citizen Corporate
Officers, three Inside Directors and three US citizens as Outside
Directors. Mr. Fred Sheldon, President and CEO and Mr. Seth Brown, CFO
will serve as Corporate Officers. The Inside Directors include Mr. Bill
Lang and Mr. Robert Montcalm senior executives in Adacel's operations in
Montreal, Canada. The third Inside Director is Mr. Peter Landos of
Thorney Investment Group who currently also sits on the Board of
Directors of the parent company Adacel Technologies Limited in Australia.
The three new US based Directors have been announced by Adacel as Major
General (retired) William L. Bond, Dr. Marvin R. Sambur and Dr. Anthony
J. Tether. These gentlemen are prominent in the US defense industry and
bring a wealth of knowledge and experience to help build on Adacel's
success in the United States.
MG William (Bill) Bond is a retired United States Army officer now
serving in private industry. Among his many US Army positions MG Bond
served as the Commanding General, Simulations, Training and
Instrumentation Command (now PEO STRI) and Director, Force Development,
Office of the G-8, United States Army, Deputy for Systems Management and
Horizontal Technology Integration, Office of the Assistant Secretary of
the Army (Acquisition, Logistics and Technology). Following his
retirement from a distinguished US Army career in 2003, MG Bond joined
Cypress International in Alexandria Virginia as Vice President. MG Bond
holds a Bachelor of Science degree in Business Administration from
Oregon State University and a Master of Science Degree in Acquisition
and Contract Management from the Florida Institute of Technology (FIT).
Dr. Marvin (Marv) Sambur former CEO of ITT Defense and Assistant
Secretary of the US Air Force, currently holds the position of Professor
of the Practice at the University of Maryland Clark School of
Engineering, serves on the Board of FARO Technologies and the SSA Board
of OSI Geospatial. He also serves on several Government Advisory Boards,
including the US Air Force Scientific Advisory Board and the National
Academy of Science AF Study Board. From 2001-2005, Dr Sambur served as
Assistant Secretary of the United States Air Force for Acquisition and
Research. In this position, Dr Sambur formulated and executed a $220
billion Air Force investment strategy to acquire systems and support
services for worldwide US military operations. He is highly regarded in
the domestic and international defense industry as one of the leading
minds in defense electronics. Dr Sambur completed his undergraduate
studies in Electrical Engineering at the City College of New York, and
earned his MS and PhD in Electrical Engineering at MIT. During his years
in industry, Dr Sambur made many scientific contributions to speech
recognition, information technology, signal processing, and satellite
communication systems, holding patents in well used consumer products.
Dr. Anthony (Tony) J. Tether was Director of the Defense Advanced
Research Projects Agency (DARPA) from 2001 to his retirement in 2009.
DARPA is the principal Agency within the Department of Defense for
research, development, and demonstration of concepts, devices, and
systems that provide highly advanced new technology capabilities. As
Director, Dr. Tether was responsible for management of the Agency's
projects for high-payoff, innovative research and development. In 2009,
Dr. Tether re-formed The Sequoia Group (TSG), which serves government
and industrial clients. The Sequoia Group provides program management
and strategy development services to government and industry. He is also
a Distinguished Fellow with the Council on Competitiveness located in
Washington DC. Dr. Tether has served on Army, Navy and Defense Science
Boards, and on the Office of National Drug Control Policy Research and
Development Committee. He is a Life Member of the Institute of
Electrical and Electronics Engineers (IEEE). Dr Tether holds a Bachelor
of Science Electrical Engineering from the Rensselaer Polytechnic
Institute (RPI) and both a Master of Science and a Ph.D. in Electrical
Engineering from Stanford University.
About Adacel
Adacel develops critical aviation, speech recognition, and advanced
simulation systems for military and commercial applications. Adacel has
revolutionized speech applications for operational direct voice input
control systems and interactive control of computer generated entities
in training systems. Products include Aurora operational air traffic
management systems, aircraft direct voice input control systems, and
advanced simulator systems for security, airport, air traffic control,
and pilot training.
For more information about Adacel please visit www.Adacel.com.

Adacel
Tom Evers, 407-581-1560
Director, Marketing &
Communications
tom.evers@adacel.com
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