Veridiam Appoints Andrew Gale as Chief Executive Officer

In selecting Andrew Gale as their new CEO, Veridiam taps the financial experience and enterprise leadership of the former Chief Executive of North America’s largest manufacturer of pressure washing equipment and related wastewater treatment systems. Mr. Gale’s background and capabilities are perfectly suited to guide Veridiam in reaching its goals of accelerated development, the integration of operating units, and the implementation of its growth strategy.

San Diego, CA, March 12, 2009 --(PR.com)-- Veridiam, a major integrated contract manufacturer of build-to-print metal tubing, components, and assemblies, custom engineered to meet the needs of power generation, dental, medical, aerospace, industrial and other highly-critical applications, today announced the appointment of Andrew (Andy) Gale as Chief Executive Officer. Mr. Gale will head up operations of all Veridiam business units, including Veridiam Medical, Veridiam Advanced EDM, Veridiam Allied Swiss, and Point Technologies. His mission will be to accelerate overall development, to fully integrate the operations of all units, and to continue the implementation of Veridiam’s growth strategy. Mr. Gale will assume his duties immediately.

“I am pleased that Veridiam’s Board of Directors has asked me to lead the organization at this stage of its development,” said Andrew Gale. “The foundation created by Neal Nordstrom has uniquely positioned Veridiam as the premier contract manufacturer of precision metal components. In spite of a challenging economic climate, there are still abundant opportunities for sales and profit growth as we focus on operational excellence, exceeding customer expectations, and improving our efficiencies.”

Former C.E.O., Neal Nordstrom, will remain with the company and serve in an executive capacity.

“The Veridiam team is excited about Andy joining the organization at this juncture in our development,” said Neal Nordstrom. “His experience will be invaluable as we continue to grow our capabilities and expand into new markets while maintaining our commitments to operational excellence and quality.”

“The board and investors continue to support Veridiam’s current and new initiatives,” said Eric Cohen, WHI Capital Partners. “We are equally excited about the future.”

Mr. Gale has twenty-five years of experience in a variety of manufacturing companies. For the past ten years, Mr. Gale served as President & Chief Executive Officer of C-Tech Industries, North America’s largest manufacturer of pressure washing equipment and related wastewater treatment systems. During his tenure as CEO, sales grew from $35 M to $185 M through a combination of acquisitions and organic growth. Prior to his appointment as CEO, Mr. Gale served as Chief Operating Officer and Chief Financial Officer. Prior to that, Mr. Gale served in financial management roles with Triquest Precision Plastics, RCA/Sharp Microelectronics, and Tektronix, Inc.

Mr. Gale holds a Master of Business Administration degree from Washington State University, Bachelor of Science degrees in Accounting and Finance from Brigham Young University, and is a Certified Management Accountant.

About Veridiam
Veridiam is a fully integrated contract manufacturer with over 50 years of industry experience. Veridiam offers comprehensive materials and manufacturing solutions that help give its customers an edge in their market place. These solutions include proprietary alloys, unique manufacturing processes, design for manufacturability, material selection/ development, rapid prototyping, comprehensive component machining, tube drawing/ forming and assembly. Veridiam seamlessly delivers projects from the development phase through full-scale production. Veridiam will manage the complete supply chain, saving time and expense while delivering a finished device to specification on time. Operations include three facilities in San Diego County, CA and a facility in San Jose, Costa Rica. Veridiam offers a wide variety of fabrication options and custom engineered products to meet almost any design challenge. All products are produced under quality systems certified to ISO 13485, ISO 9001:2000, AS 9100, and NQA-1.

More information is available by contacting Rich Hockman at (619) 448-1000.

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Rich Hockman
(619) 448-1000
www.veridiam.com
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