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Digital Recorders, Inc. Announces Additional Profit Improvement Actions.

Publication: Business Wire
Publication Date: 05-DEC-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- Digital Recorders, Inc. (Nasdaq:TBUS):

--Strategic Changes in Key Personnel Announced

--U.S. Federal Funding Appropriations Increasing

Digital Recorders, Inc. (DRI) (Nasdaq:TBUS), a technology leader in transit, transportation, law enforcement, and security digital communications systems, announced today that specific additional actions have been taken to accelerate and strengthen its efforts to attain sustained profitability through strategic changes in key personnel and the establishment of a Special Committee of the DRI Board of Directors.

David N. Pilotte, the Company's Vice President and Chief Financial Officer (CFO) since October 2004, has been elected Executive Vice President and will assume the additional duties of Chief Operating Officer (COO) of North Carolina Operations. In his expanded role as COO, Mr. Pilotte will report directly to the Board of Directors through the Special Committee and, as...

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