ELMIRA, N.Y., June 9 /PRNewswire-FirstCall/ -- Hardinge Inc. (NASDAQ:HDNG), a leading international provider of advanced material-cutting solutions, has announced the appointment of Michael J. Hillock as Vice President of Sales and Marketing. Mr. Hillock brings to the Company more than 30 years of global sales experience, and has held senior level positions in the Asia Pacific Region and Europe, as well as the Middle East and Africa. He will be focused on enhancing the performance of the Company's European and Asian sales operations.
"Mike's extensive experience at the executive level, especially in international markets, will help us as we continue to develop the global sales and marketing organization that best serves our customers' needs. We are pleased that he has joined our management team," said Richard L. Simons, President and Chief Executive Officer.
Prior to joining Hardinge, Mr. Hillock served as President of a $1.2 billion division of Diebold Incorporated. In addition, he held a variety of other senior level sales and marketing positions with Diebold in a career dating back to 1979.
Hardinge is a global designer, manufacturer and distributor of machine tools, specializing in high-precision, computer controlled, material-cutting machines. The Company's products are distributed to most of the industrialized markets around the world and in 2007 approximately 66% of sales were from outside of North America. Hardinge has a very diverse international customer base and serves a wide variety of end-user markets. Along with metalworking manufacturers, which make parts for a variety of industries, our customers include a wide range of end users in the aerospace, agricultural, transportation, basic consumer goods, communications and electronics, construction, defense, energy, pharmaceutical and medical equipment, and recreation industries, among others. The Company has manufacturing operations in the United States, Switzerland, Taiwan and China. Hardinge's common stock trades on NASDAQ Global Select Market under the symbol, "HDNG." For more information, please visit http://www.hardinge.com/.
This news release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended). Such statements are based on management's current expectations that involve risks and uncertainties. Any statements that are not statements of historical fact or that are about future events may be deemed to be forward-looking statements. For example, words such as "may," "will," "should," "estimates," "predicts," "potential," "continue," "strategy," "believes," "anticipates," "plans," "expects," "intends," and similar expressions are intended to identify forward-looking statements. The company's actual results or outcomes and the timing of certain events may differ significantly from those discussed in any forward-looking statements. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
Contact:
Edward J. Gaio
Vice President and CFO
(607) 378-4207
DATASOURCE: Hardinge Inc.
CONTACT: Edward J. Gaio, Vice President and CFO, +1-607-378-4207 Web site: http://www.hardinge.com/
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