Financial News
Ellen O. O'Hara Elected to the Board of Directors of BK Technologies
WEST MELBOURNE, FL / ACCESSWIRE / June 25, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company," "BK Technologies") today announced that Ellen O. O'Hara was elected to the Board of Directors by the Company's stockholders at the 2024 Annual Meeting of Stockholders on June 20, 2024.
Ms. O'Hara has enjoyed a distinguished career in the mobile communications industry with more than 40 years' experience across diverse operational roles and in senior leadership positions of increasing scope and responsibility. Most recently, from 2016 through 2021 she served as Chairman of the Board and Strategic Advisor to Zetron, Inc., a provider of integrated communications, radio dispatch consoles and NG911 call taking systems to mission-critical customers including public safety, government and utilities. From 2009 through 2016 Ms. O'Hara was President and CEO of Zetron. Previously, she was President and COO of EF Johnson, a leading land mobile communications business. In this role she oversaw all functions including sales, marketing, finance, customer service, engineering and supply chain.
Earlier in her career, she spent 12 years with Motorola, Inc., first in their private systems and private conventional business groups, and later in roles as Vice President and Director of Subscriber Operations, where she led a $600 million group responsible for the design, manufacture and marketing of mobile communications products for public safety, government and enterprise customers worldwide. Later, she was Vice President and General Manager of the Radio Products division, a $350 million business that designed and distributed two-way radio products through 1,000 channel partners. Before joining Motorola, Ellen's spent 12 years in various product management and marketing roles for GE Mobile Communications, now a division of L3Harris.
Additionally, Ms. O'Hara has worked with several industry and charitable organizations including: Chairman of the Board, Industry Council for Emergency Response Technologies (iCERT); board member of the Washington Technology Industry Association; Chair, Corporate Sponsorship Committee, Komen Dallas Race for the Cure; Co-Chair of Motorola's Women's Business Council and Motorola Representative to the FCC National Coordinating Committee; and as a board member for the American SMR Network Association (now AMTA). She holds a B.A. in Modern European History from Mount Holyoke College and an MBA with high distinction from Harvard Business School.
Joshua Horowitz, Chairman of the Board of BK Technologies commented, "Ellen brings decades of valuable leadership experience as well as expertise in virtually all of the operational functions that comprise a successful mobile communications company. BK Technologies is well-positioned to expand its role as a valued and reliable provider of mission critical communication solutions and technologies and we look forward to Ellen's perspective and contributions as we continue to transform our company into both a hardware and software company with long term profitable growth."
About BK Technologies
BK Technologies Corporation, through its operating subsidiaries, manufactures high-specification, communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies' SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. BK Technologies is honored to serve these heroes when every moment counts. The Company's common stock trades on the NYSE American market under the symbol "BKTI". Maintaining its headquarters in West Melbourne, Florida, BK Technologies can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.
Forward-Looking Statements
This press release contains certain forward-looking statements that are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company's operations, economic performance, and financial condition, including, but not limited to the Company's long-term strategic plan, and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company's SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments' trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.
Company Contact:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200
SOURCE: BK Technologies Corporation
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