Raj K. Nooyi Elected Innovex DirectorFebruary 13, 2002 - Maple Plain, MN - Innovex, Inc. (NASDAQ: INVX) today announced Raj K. Nooyi has been elected a Director by its shareholders.Mr. Nooyi
recently accepted the position of President, AmSoft Systems
(AmSoft).AmSoft designs and implements focused Information Technology solutions utilizing state-of-the-art wireless and Internet technologies to deliver tangible breakthrough results for its customers.Prior to AmSoft, Mr. Nooyi was a Director of Pittiglio Rabin Todd & McGrath (PRTM), an internationally recognized management consultancy to technology-driven businesses."Raj brings more than two decades of technology management experience to our Board of Directors," stated William P. Murnane, Innovex's President and CEO.
"I was attracted by the opportunity to help a young company with an excellent technology position to become the industry leader," stated Nooyi
."Innovex's markets offer very attractive growth opportunities.I look forward to working with Innovex's Directors and its management team to help achieve our goal of becoming the leading global manufacturer of high density flexible circuits," said Nooyi. Mr. Nooyi joined PRTM in 1991 and was elected Director in 1994.Prior to joining PRTM, he held various consulting, marketing/sales and manufacturing management positions in KPMG Peat Marwick (1991), Hewlett-Packard Company (1983-1990) and Eaton Corporation (1978-1982).Mr. Nooyi holds a BE in Electrical Engineering from the University of Mysore, an MS in Industrial Engineering from the University of Texas and an MBA from the University of Chicago.Innovex, Inc.
is a leading manufacturer of high-density flexible circuit-based electronic interconnect solutions.Innovex's
products enable the miniaturization and increasing functionality of high technology electronic devices.Applications for Innovex's
products include data storage devices, networking equipment, computer printers, home consumer products, computers, personal communications systems and mobile telecommunication devices.Innovex
is known worldwide for its advanced technology and world class manufacturing.
Except for historical information contained herein, the matters discussed in this release are forward looking statements that involve risks and uncertainties.