Mastech Holdings, Inc. Announces CEO Resignation
(Logo: http://www.newscom.com/cgi-bin/prnh/20080508/NETH059LOGO-b )
"On behalf of the Board of Directors, we want to thank Steve for his hard
work and dedication to
Mr. Shangold commented, "I have been privileged to work with the dedicated
and skilled professionals of
The Board of Directors has begun a search for a permanent replacement, and expects to complete the search within 90-days.
About
Forward-Looking Statements:
Certain statements contained in this release are forward-looking statements based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of revenues, earnings, segment performance, and cash flow. These statements are based on information currently available to the Company and it assumes no obligation to update the forward-looking statements as circumstances change. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors, including, without limitation, the level of market demand for its services, the highly competitive market for the types of services offered by the company, the impact of competitive factors on profit margins, market conditions that could cause the company's customers to reduce their spending for its services, and the company's ability to create, acquire and build new lines of business, to attract and retain qualified personnel, reduce costs and conserve cash.
SOURCEMastech Holdings, Inc. -0-04/28/2009 /CONTACT:Donna Mascia , Manager, Investor Relations ofMastech , +1-888-330-5497/ /Photo: http://www.newscom.com/cgi-bin/prnh/20080508/NETH059LOGO-b http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com/ /Web Site: http://www.mastech.com / (MHH) CO:Mastech Holdings, Inc. ST:Pennsylvania IN: CPR ITE SU: PER PR -- NE07073 -- 217304/28/2009 16:30 EDT http://www.prnewswire.com