Sonic Jet Performance, Inc. Names Michael Watts Chief... -
[Cached Version]
Published on: 6/6/2003
Last Visited: 6/6/2003
Sonic Jet Performance, Inc. Names Michael Watts Chief Executive OfficerSonic Jet Performance, Inc.
...
Names Michael Watts Chief Executive OfficerFriday June 6, 8:30 am ET
STANTON, Calif., June 6 /PRNewswire-FirstCall/ -- Sonic Jet Performance, Inc. (OTC Bulletin Board: SJET - News) announced today the appointment of Michael Watts as CEO at the meeting of the Board of Directors on May 29, 2003.
...
Mr. Watts, 56, has more than 30 years of experience as an executive and investor.He has served as CEO of four companies in the computer hardware, computer software, consumer electronics, and semiconductor fields -- two of which were founded by him.In addition, he has served as a management consultant to numerous companies, including BNP Paribas and Wells Fargo Bank, in a variety of industries.Mr. Watts received a Bachelor of Science degree in Electrical Engineering with high honors from Colorado State University in 1969 and majored in Finance in the MBA program at the University of Colorado in 1973.He holds five patents, including one for the laser bar code scanner and four related to software.
In July of 2002, the Company appointed Mr. Watts to the position of General Manager of its subsidiary, Technical Solutions Group (TSG).Since that time, TSG has received orders totaling approximately $8 million, delivered on other orders, and continued development of important product lines.
"The decision of the board was based on our confidence that Michael will continue to develop shareholder value through the effective operations of the company," remarked Rao Mankal, Sonic Jet's President and a member of the Board.