Board of Directors
ANDOVER, Mass., May 5 /PRNewswire-FirstCall/ -- Dynamics Research
Corporation (Nasdaq: DRCO) today announced that Nickolas Stavropoulos,
Executive Vice President, KeySpan Corp. (NYSE: KSE) has been named to the
Dynamics Research Corporation Board of Directors. He was elected to serve as
a Class II Director, with a term expiring in 2007. Mr. Stavropoulos was also
appointed to the Audit Committee of the Board of Directors.
"DRC is very fortunate to have Nick Stavropoulos as a member of its Board
of Directors," said James P. Regan, DRC chairman and CEO. "With more than 25
years of senior level operating and financial management experience Nick will
be an extremely valuable asset for DRC as we continue to aggressively pursue
our solutions based growth strategy in an increasingly complex regulatory and
Since July of 2004, Mr. Stavropoulos has served as President, KeySpan
Energy Delivery where he has responsibility for the operation of a multi-state
natural gas utility with more than $4.4 billion in revenues serving nearly 2.6
million customers. Prior to joining KeySpan Mr. Stavropoulos served as
Executive Vice President of Finance, Marketing and Chief Financial Officer of
Colonial Gas Company from 1995 until 1999, when it was acquired by Eastern
Enterprises and he was appointed Senior Vice President of Marketing and Gas
Resources. The following year KeySpan acquired Eastern Enterprises and
appointed Mr. Stavropoulos Senior Vice President, Sales and Marketing of
KeySpan Energy Delivery, NE, and then President in 2002.
About Dynamics Research Corporation
Dynamics Research Corporation is an innovative solutions provider that
partners with its customers to apply proven processes and technologies. For
50 years, DRC has delivered technical and information technology services that
enhance the performance and cost effectiveness of its customers' mission
critical systems. For additional information about DRC please visit the
website at http://www.drc.com.
Safe harbor statements under the Private Securities Litigation Reform Act
of 1995: Some statements contained or implied in this news release, may be
considered forward-looking statements, which by their nature are uncertain.
Consequently, actual results could materially differ. For more detailed
information concerning how risks and uncertainties could affect the company's
financial results, please refer to DRC's most recent filings with the SEC.
The company assumes no obligation to update any forward-looking information.
Elise Caffrey, Vice President & Treasurer
(978) 475-9090, Ext. 1309 Ecaffrey@drc.com
SOURCE Dynamics Research Corporation
Elise Caffrey, Vice President & Treasurer of Dynamics Research Corporation, +1-978-475-9090 ext. 1309, Ecaffrey@drc.com
-0- May/05/2005 18:00 GMT
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