CONCORD, Mass., Aug. 24 /PRNewswire/ -- Starmet Corporation (Nasdaq: STMT)
a Concord, Massachusetts based manufacturer of specialized metal products,
today announces the promotion of Gary Mattheson to Chief Financial Officer of
the Company. Mr. Mattheson received unanimous support from the Board of
Directors as a result of his qualifications, prior experience and most
importantly, his performance at Starmet over the past five months as
Controller. Over this period the Company has made significant progress
improving cash collections and disbursements, forecasting revenues and costs
and working effectively to provide timely and accurate financial information
to improve weekly, monthly and quarterly financial performance.
Prior to joining Starmet in March 1999, Mr. Mattheson was Vice President,
Finance and Administration at Ullo International, Inc. in Natick, MA; and Vice
President and Corporate Controller at Reed Publishing USA and Cahners
Publishing Company, a $800 million division of Reed Elsevier, a U.K./Dutch
media conglomerate. Early in his career, he was an audit supervisor for Ernst
& Ernst.
For further information, please contact:
Robert E. Quinn
President
(978) 369-5410
http://www.prnewswire.com or fax,
Related links:
http://www.starmet.com
SOURCE Starmet Corporation
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Related links:
http://www.starmet.com
Company News On-Call:
http://www.prnewswire.com/comp/632850.html or fax,
800-758-5804, ext. 632850
CONTACT:
Robert E. Quinn, President of Starmet
Corporation, 978-369-5410
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