Exhibit 99.2
EXHIBIT 99.2
FOR IMMEDIATE RELEASE
DEL GLOBAL TECHNOLOGIES NAMES JOSEPH F. FLIES, DBA
VICE PRESIDENT OF OPERATIONS FOR DEL MEDICAL SYSTEMS
FRANKLIN PARK, IL - September 29, 2006 -- DEL GLOBAL TECHNOLOGIES CORP. (DGTC)
("Del Global" or "the Company") today announced that Joseph F. Flies, DBA
(Doctorate of Business Administration) has been appointed Vice President of
Operations for Del Medical Systems Group, effective October 2, 2006. In his new
role, Mr. Flies will assume responsibility for manufacturing, engineering, and
customer support. He will report directly to James A. Risher, Del Global's Chief
Executive Officer.
From 2002-2006, Mr. Flies served as President of Summit Industries, one of the
industry's leading manufacturers of medical, chiropractic, and veterinary x-ray
equipment. During his tenure at Summit, Mr. Flies rebuilt and reorganized the
leadership team, significantly grew sales, improved profitability and rebuilt
the entire manufacturing operation. He also led the introduction of digital
products.
From 1997-2002, Mr. Flies was President of Business Training Partners, an
education/training consulting firm serving Fortune 500 companies. From 1993 -
1997, he was Executive Vice President of Operations for Circuit Service, a
printed circuit board contract manufacturer. Prior to this, he was Senior Vice
President, Worldwide Manufacturing and Chief Quality Officer for Bell & Howell
Corporation's Worldwide Mail Handling Systems. Prior to that time he spent 12
years with General Electric.
James A. Risher, Del Global's Chief Executive Officer, commented, "We are
excited to welcome Joe to lead the operations of Del Medical. The fact that he
comes to us from one of our key competitors is, we believe, a validation of our
business model and outlook. He has a demonstrated ability in managing
organizations and creating results-driven teams. We believe that he will become
an important asset in our continuing efforts to expand Del Medical's product
solutions and support organization. His international experience will help us to
improve our market position worldwide."
Mr. Flies commented, "Del Medical Systems is the largest supplier of general
purpose radiographic systems to independent distributors in North America, with
over 70 years of expertise selling medical imaging systems in more than 100
countries worldwide. I believe that there are substantial opportunities to
strengthen and expand this business platform. I am excited by this opportunity
and look forward to working with Del Medical's talented team of managers, its
dedicated employees, and trusted distributor partners."
ABOUT DEL GLOBAL TECHNOLOGIES
Del Global Technologies Corp. is primarily engaged in the design, manufacture
and marketing of high performance diagnostic imaging systems for medical, dental
and veterinary applications through the Del Medical Systems Group. Through its
U.S. based Del Medical Imaging Corp. and Milan, Italy based Villa Sistemi
Medicali S.p.A. subsidiaries the Company offers a broad portfolio of general
radiographic, radiographic/fluoroscopic, portable x-ray and digital radiographic
systems to the global marketplace. Through its RFI subsidiary, Del Global
manufactures proprietary high-voltage power conversion subsystems including
electronic filters, high voltage capacitors, pulse modulators, transformers and
reactors, and a variety of other products designed for industrial, medical,
military and other commercial applications.
The company's web site is www.delglobal.com.
DEL GLOBAL TECHNOLOGIES CORP.: MEDIA RELATIONS:
James A. Risher M. Thomas Boon
Chief Executive Officer VP Global Sales and Marketing
(847) 288-7065 (847) 288-7023
Mark Zorko
Chief Financial Officer
(847) 288-7003
