NEWPORT BEACH, Calif., May 12 /PRNewswire/ -- SM&A Corporation
(Nasdaq: WINS), the nation's premier provider of integrated proposal
management, systems engineering and information technology solutions, today
announced the appointment of Edward A. Beeman as its new Chief Financial
Officer, replacing Steven R. Mast who has resigned to pursue other career
opportunities.
Mr. Beeman is a CPA with over 25 years of business experience serving in
various senior management capacities with a number of publicly traded
companies. Most recently, Mr. Beeman was the Executive Vice President and
Chief Financial Officer for Coyote Network Systems, a Nasdaq listed company
with a market capitalization in excess of $75 million. Prior to that, he was
the Chief Financial Officer of Western Water Company and, from 1994 to 1996,
held a similar position with Bird Medical Technologies. Mr. Beeman also
operated his own management consulting firm, E.A. Beeman & Associates, where
he provided high level strategic counsel to companies, including Athens
Corporation, Caliber Medical, Coverall North America and Health Education
International. Mr. Beeman holds a Bachelor of Science degree from Indiana
University and a CPA from the State of Indiana. He is also affiliated with
the Financial Executives Institute, AISCP, the Indiana CPA Society and the
NAA.
Commenting on the new appointment, SM&A's President and COO Michael A.
Piraino stated, "Edward Beeman's strong track record with a range of growth
companies makes him ideally suited to be SM&A's Chief Financial Officer as we
continue enhancing our corporate infrastructure to support our future growth.
We are very pleased to welcome Edward to our senior management team and are
quite confident that his wealth of experience and expertise in finance,
accounting, mergers and acquisitions and in other strategically related areas
will be of significant value in helping us build our company."
Piraino also acknowledged the contribution from departing executive Steven
R. Mast during his more than four years of dedicated service. "I am thankful
to Steven for his contributions to the SM&A Corporation and we wish him the
very best," said Piraino.
About SM&A
With over 685 highly talented employees, SM&A provides integrated proposal
management, high-end systems engineering, program integration and information
technology products and services to aerospace, defense, communications, and
engineering companies. Statements herein concerning the company's growth and
strategies may include forward-looking statements. The company's actual
results may differ materially from those suggested as a result of various
factors, including, without limitation, the company's ability to recruit and
retain qualified technical personnel; identify, acquire, and integrate
suitable acquisition candidates; obtain sufficient working capital to support
such growth; and compete successfully with existing and future competitors.
Interested parties should refer to the disclosure set forth under the caption
"Risk Factors" and elsewhere in the company's Form 10-K for the year ended
December 31, 1998, for additional information regarding risks affecting the
company's financial condition and results of operations. Additional
information on SM&A is now available via the Internet's World Wide Web at
http://www.smawins.com. For more investor information via facsimile, please
call 1-800-PRO-INFO and enter client code SM&A.
SOURCE SM&A Corporation
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Related links:
http://www.smawins.com
CONTACT:
Michael A. Piraino, President and COO of
SM&A, 949-975-1550
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