HALIFAX ANNOUNCES DEATH OF ITS
CHAIRMAN, DR. ARCH SCURLOCK
John H. Grover Named New Chairman
ALEXANDRIA, VA - December 11, 2002
- Halifax Corporation (AMEX:HX) today announced the death of Dr.
Arch Scurlock, chairman of the board
of the Company, who died at his home on December 9.
According to
Charles McNew, president and chief executive officer, "Arch
Scurlock has been an active and committed chairman and a dear friend
of our Company. He served as a member of the board for more than
25 years. His insights and guidance will be missed. He was an early
investor, long before information technology became a major focus
for companies in the Washington area.
"On behalf of The Board of Directors and all 400 Halifax employees,
we offer our sincere sympathies to his family."
Scurlock was
elected a director of Halifax in 1973 and served as chairman of
the board from 1984. He founded Research Industries Incorporated,
a private investment company, in 1968 and was its President and
Chairman
of the board of directors from that time until his death. From
1969 to 1992, he was chairman of the board of TransTechnology Corporation,
a manufacturer of aerospace defense and other industrial products.
Current board member, John H. Grover, has been elected as Chairman.
Grover has been a director of the Company since 1984. He has been
Executive Vice President, Treasurer, and a Director of Research
Industries Incorporated since 1968 and was a director of TransTechnology
Corporation
from 1969 to 1992.
Founded in 1967, Halifax Corporation is a managed
services company providing a wide range of information technology
services to commercial
and government customers throughout the United States. The Company's
principal products are Enterprise Maintenance Solutions, Seat Management/IT
Solutions, and Federal Communications Services. More information
on Halifax can be found at www.hxcorp.com.
For investor relations information, contact Qorvis Communications:
Karen Vahouny (703) 744-7809 or kvahouny@qorvis.com
Certain statements made by the Company which are not historical
facts may be considered forward-looking statements, including, without limitation,
statements as to trends, management's beliefs, expectations and opinions, which
are based upon a number of assumptions concerning future conditions that ultimately
may prove to be inaccurate. Such forward-looking statements are subject to risks
and uncertainties and may be affected by various factors that may cause actual
results to differ materially from those in the forward-looking statements. For
further information that could affect the Company's financial statements, please
refer to the Company's reports filed with the Securities and Exchange Commission.
|
