OLDI Names Jeff Besola President, Focuses on New Markets and Growth

  OLDI Names Jeff Besola President, Focuses on New Markets and Growth

Business Wire

KNOXVILLE, Tenn. -- November 01, 2012

Online Development Inc. (OLDI) has named Jeff Besola President. Mr. Besola
will report to Ron Monday, OLDI’s Chief Executive Officer.

To address growth opportunities in new markets, Mark Knebusch is named VP of
Marketing, reporting to Mr. Besola. He was previously VP of Operations at
OLDI.

“Mark will lead a new effort to identify new private label and brand
opportunities for OLDI. We will leverage his background in industrial
marketing with ODMs (Original Design Manufacturers) and OEMs (Original
Equipment Manufacturers),” said Mr. Besola.

Todd Parker, CFO, now has responsibility for Operations and IT in addition to
Finance.

"These changes refocus our efforts and position OLDI for growth in our core
and new businesses,” said Mr. Monday.

Mr. Besola joined OLDI in early 2012 as Sr. VP of Sales and Marketing. His
background includes senior sales and marketing roles at Emerson Electric. Mr.
Knebusch joined OLDI in 2008 as VP of Business Development after leading
industrial segment marketing at Flextronics. Mr. Parker joined the management
team in June as CFO after key Finance and IT roles at Emerson Electric.

OLDI (www.oldi.com) is a leading ODM with a portfolio of hardware and software
products that spans three decades and covers many industrial market segments.
The company differentiates itself through in-depth knowledge of industrial
computing and communications technologies. Whether to get to market quickly
with new technologies, or to offload a company’s development team of legacy
development, OLDI can improve time-to-market while minimizing supply chain
risk with its global manufacturing base.

Contact:

Media II, Inc.
Roy Harry, 440-943-3600
roy@mediaii.com