PHAZAR CORP Appoints Robert E. Fitzgerald as President, Chief Executive
Officer and Director
MINERAL WELLS, Texas -- October 03, 2012
PHAZAR CORP, (NASDAQ: ANTP) today announced that Robert E. Fitzgerald has been
appointed to serve as President, Chief Executive Officer and Director of the
Company effective October 1, 2012. Mr. Fitzgerald’s current term as a director
will expire at the Company's next annual meeting of shareholders. Mr.
Fitzgerald, of Fort Worth, Texas attended U.C.L.A and earned a degree in
economics. Mr. Fitzgerald also attended U.C.L.A and received his Juris
Mr. Fitzgerald served as Chief Executive Officer of Proxim Wireless (fka
YDI/Terabeam) from March, 1999 until February, 2008. Mr. Fitzgerald has also
served as Consultant of Ubiquiti Networks from April, 2009 until August, 2010,
including a portion as President. Mr. Fitzgerald is Chairman of the Board of
SeeView Security Inc., a Director of Steely Eye, Ltd. and an officer and
investor in a number of entities under the control or direction of QAR, LLC.
Mr. Fitzgerald currently serves as President of QAR, LLC since February, 2008.
QAR, LLC provides debt and equity capital to companies.
Mr. Fitzgerald replaces Mr. Garland P. Asher who resigned as President, Chief
Executive Officer and Chairman of the Board of PHAZAR CORP and all positions
of the subsidiaries of PHAZAR CORP on October 1, 2012. Mr. Asher served on the
Board of Directors since 2008.
The Board of Directors of PHAZAR CORP appointed Gary W. Havener to serve as
Chairman of the Board. Mr. Havener qualifies as an independent director as
defined by NASDAQ Marketplace Rule 5605(a)(2).
Product information is available at www.antennaproducts.com and
The common stock of PHAZAR CORP is listed on the NASDAQ Capital Market under
the trading symbol “ANTP”. This press release contains forward-looking
information within the meaning of Section 29A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. Forward-looking
statements include statements concerning plans, objectives, goals, strategies,
future events or performances and underlying assumption and other statements,
which are other than statements of historical facts. Certain statements
contained herein are forward-looking statements and, accordingly, involve
risks and uncertainties, which could cause actual results, or outcomes to
differ materially from those expressed in the forward-looking statements. The
Company’s expectations, beliefs and projections are expressed in good faith
and are believed by the Company to have a reasonable basis, including without
limitations, management’s examination of historical operating trends, data
contained in the Company’s records and other data available from third
parties, but there can be no assurance that management’s expectations, beliefs
or projections will result, or be achieved, or accomplished.
Antenna Products Corporation
Kathy Kindle, 940-325-3301
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