Peter Posk Joins BCT International, Inc. as VicePresident of Sales and Marketing.
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 9, 1999--
BCT International, Inc. (Nasdaq: "BCTI"), which through its paper products division and franchises operates the world's largest wholesale printing chain, today announced that J. Peter Posk has joined the Company as Vice President of Sales and Marketing.
Mr. Posk was most recently a Vice President with Filterfresh, a company which through its franchises supplies coffee systems and related products to offices, hotels, auto dealerships, medical facilities and supermarkets. He joined Filterfresh, which is based in Westwood, MA, in May 1994, and at the time he left the company in July 1999 was responsible for marketing, sales, MIS, operations and training. During Mr. Posk's tenure with Filterfresh, the company's franchised system's annual sales rose from $26 million to over $70 million.
Prior to joining Filterfresh, Mr. Posk held a number of management positions with PIP Printing (headquartered in Agoura Hills, CA) from 1989 until May 1994. He joined PIP as a Senior Financial Analyst and was successively promoted to Manager of New Store Operations, Director of Purchasing, and Director of Operations.
"We are delighted to welcome Peter to our management team and are confident that his marketing and operations background, along with his experience in the printing industry, will allow him to effectively direct BCT's marketing initiatives as we approach and enter the 21st Century," stated Peter Gaughn, President and Chief Executive Officer of BCT International, Inc. "We are particularly focused upon optimizing the potential of our E-commerce capabilities, which we consider critical to future success in the wholesale printing industry. The number of customers and franchised printing plants using our Net-I.T. internet-based ordering system is expanding rapidly, and we expect Peter to develop strategies for accelerating this growth."
BCT International, Inc. is a holding company which, through its paper products division and its Business Cards Tomorrow franchises, operates the world's largest wholesale printing chain. The Company is headquartered in Ft. Lauderdale, Florida and its common stock trades on Nasdaq under the symbol "BCTI".
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
