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June 23, 2008

EPIC Technologies Announces the Appointment of Bhawnesh Mathur as CEO

EPIC Technologies, LLC is pleased to announce the appointment of Bhawnesh Mathur as CEO, effective June 23, 2008. Mr. Mathur is a dynamic leader with proven success in winning new business, developing world class partnerships and implementing global supply chain networks with focus on growth and customer service. During his nearly 30-year career in the electronics industry, he has implemented successful domestic and international growth strategies which created industry leadership for IBM, Arrow Electronics, and Sanmina-SCI. Mr. Mathur received an MBA from the University of Arizona and a BSChE from the University of Florida.

“I’m a firm believer in the competitive advantage gained through fully engaged employees,” said Mr. Mathur, “EPIC’s success will be driven by our people’s success. I believe strongly in open communications and empowering people to make great things happen.”

“We are very excited to welcome Mr. Mathur to the EPIC team as our new CEO,” said Marcus Wedner, partner at CIVC partners and EPIC Board Chairman, “we are confident that Bhawnesh’s dynamic leadership style will continue the rich tradition of strong leadership in the CEO position at EPIC, previously established by John Sammut.”

John Sammut will be a key resource to Bhawnesh during this transition and will continue to be a member of the Board of Directors. Randon Haight, who had acted as interim CEO, also resumes his role on EPIC’s Board of Directors. “We appreciate all that Randy has done to support EPIC. He will also work with Bhawnesh during his transition to the CEO role,” added Wedner.

“I am very privileged to be a part of the highly accomplished EPIC team” said Mr. Mathur. “I look forward to continuing our growth and success as the mid-tier Electronics Manufacturing Services (EMS) market leader. The EPIC Synchronous Flow Model, developed and implemented by Jochen Lipp with the support of Todd Baggett, Steve Fries, Wally Johnson and the exceptionally talented EPIC team, provides outstanding value and flexibility to our customers and business partners.”

EPIC Technologies, LLC is a premier specialty electronics manufacturer in the high-mix, low-to-medium volume segment of the EMS industry. EPIC's electronics manufacturing services consist primarily of the manufacture of complex printed circuit board assemblies and complete systems integration. EPIC provides turnkey services from board layout, test development, prototype testing, printed circuit board assembly, and box build to customers in the medical, automotive, telecommunications, and industrial equipment markets. Contributing to EPIC's success has been the Company's robust quality operating system, supply chain management, and adherence to lean manufacturing principles. The Company has manufacturing plants in Norwalk and Lebanon, Ohio; Johnson City, Tennessee; and Juarez, Mexico.

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Patty Walker
CIVC Partners, LP
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Telephone: 312 873 7300
pwalker@civc.com

 
 
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