Contec Announces the Appointment of Mr. Naresh Nigam, Chief Technology Officer

  Contec Announces the Appointment of Mr. Naresh Nigam, Chief Technology
  Officer

Business Wire

SCHENECTADY, N.Y. -- October 24, 2013

Contec Holdings, LTD, (“Contec” or the Company”) the market leader in the
repair and refurbishment of Customer Premise Equipment (CPE) for the cable and
satellite industry, announces the appointment of Mr. Naresh Nigam to the
position of Chief Technology Officer, effective immediately.

“We are extremely pleased that Naresh has joined the Contec team,” said Hari
Pillai, President and Chief Executive Officer of Contec. “Mr. Nigam’s twenty
five years product development and engineering experience is very relevant to
Contec’s future needs as we accelerate growth in core CPE markets; expand
repair in non-CPE market as well as grow Contec’s Technical Services,
providing product design, testing & certification and technology consulting
services to our customers. “I’m very confident that Naresh will make a very
positive impact on Contec’s momentum.”

“I’m very pleased to part of the Contec team. Contec’s QuickTest® platform is
an excellent foundation from which to build a broad array of cutting edge test
solutions for the cable and satellite industries, and I’m energized to join
the team” commented Mr. Nigam. “I look forward to building on relationships
with Contec’s valued partners, as well as developing new opportunities in the
non-CPE market” added Mr. Nigam as he reflected on the opportunities that he
saw for Contec.

Naresh who brings over twenty five years of expertise to Contec, most recently
drove Sanmina’s (NASDAQ:SANM) corporate technology strategy, managed that
company’s worldwide design centers and successfully designed and drove
mass-production of products including set-top-boxes that were resounding
successes for major OEM/MSO’s. Over nine years at Sanmina, Naresh held various
senior management roles in Engineering, including his most recent four years
as Corporate Chief Technology Officer.

Prior to joining Sanmina, Mr. Nigam co-founded Force10 Networks, a 10Gigabit
Ethernet Switch/Router company that was subsequently acquired by Dell
(NASDAQ:DELL). Previous roles in Mr. Nigam’s accomplished track record include
Chief Executive Officer of Duet Technologies, a developer of Physical
Libraries and Memory Compilers; and Vice President of Client/Server
Engineering at Unisys. Mr. Nigam holds an undergraduate degree from Agra
University and M.S. from Pratt Institute, Brooklyn, New York.

About Contec

Leveraging 35 years of experience in the cable industry and its industry
leading test solutions such as QuickTest®, Contec is the market leader in the
test, repair and refurbishment of customer premise equipment for the world’s
leading cable and satellite Multiple-System Operators (MSO’s). More recently,
the company has expanded its services to include repair and refurbishment of a
wide array of electronics hardware products. Contec is headquartered in
Schenectady, New York. Learn more at www.gocontec.com.

Contact:

Contec Holdings, LTD
Anita Bienick, 518-382-8000 x 2307
abienick@gocontec.com
 
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