ALDILA, INC. ANNOUNCES APPOINTMENT OF NEW DIRECTOR
Scott M. Bier, Vice President, CFO
Sylvia J. Castle, Investor Relations
Aldila, Inc., (858) 513-1801
FOR IMMEDIATE RELEASE
Aldila, Inc. Announces Appointment of New Director
Poway, CA, January 4, 2012 – ALDILA, INC. (OTCQX:ALDA) (PINKSHEETS:ALDA) announced today that Peter H. Kamin has been appointed to its Board of Directors.
Mr. Kamin is currently a private investor, holding over 700,000 shares of Aldila common stock, and serves on numerous other boards. He has over 25 years’ experience as an active investor in public and private businesses.
From 2000 until 2011 he was a founding member and Managing Partner of Valueact Capital. Prior to founding Valueact, he founded and managed Peak Investment, L.P., a limited partnership organized to make investments in a select number of domestic public and private companies. Before founding Peak, Mr. Kamin was a partner in Morningside, N.A., Ltd, the U.S. private equity operation for a Hong Kong-based family. Mr. Kamin began his investment career in 1984 at Fidelity Management and Research.
Mr. Kamin is presently a director of Kar Auction Services, Rockford Corporation and Paragon Technologies.
He has previously served as a director of Seitel, Inc., LeCroy Corp., Hanover Compressor, Exterran, Sirva, Inc., Insurance Auto Auctions, Inc., OneSource Information Services, Inc., Data Transmission Network, TFC Enterprises, Eskimo Pie, ACME United Corp., and numerous privately held companies.
“We are extremely pleased to have Peter join our Board. He has been involved with Aldila as a shareholder for many years and will add valuable insight and experience to the Board and the company,” said Peter R. Mathewson, Chairman of the Board of Aldila, Inc.
For additional information about Aldila, Inc., please go to the Company’s website at www.aldila.com.
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