Syntax-Brillian Appoints Greg Rayburn as Interim Chief Operating Officer
April 10 2008 - 4:00PM
Business Wire
Syntax-Brillian Corporation (Nasdaq:BRLC), a leading manufacturer
and marketer of LCD HDTVs, digital cameras and consumer electronics
products, today announced that Greg Rayburn has been appointed
Interim Chief Operating Officer as part of the company�s turnaround
plan. He will direct and oversee the worldwide operational
infrastructure of Syntax-Brillian reporting to James Li, President
and Chief Executive Officer. Mr. Rayburn, age 49, is a Senior
Managing Director and the Practice Leader of FTI Palladium
Partners, the interim management practice of FTI Consulting, Inc.
(NYSE:FCN). He brings more than 26 years of experience in providing
operational improvement leadership to companies in industries
including manufacturing, retail, consumer products, freight,
telecommunications, retail, hospitality, pharmaceutical, healthcare
and outsourced services. Mr. Rayburn has held the position of
Interim CEO and COO a number of times for companies such as
Sunterra Corporation, aaiPharma and Muzak Holdings LLC, where he
facilitated new strategic directions, streamlined operating
structures, and improved product line profitability. "Greg�s
extensive experience in enhancing value within companies and
improving operations to realize growth potential will greatly
benefit the company,� said James Li, President and Chief Executive
Officer, Syntax-Brillian Corporation. �I look forward to working
with him as we continue to focus on growing the business and
realizing shareholder value.� About Syntax-Brillian Syntax-Brillian
Corporation (www.syntaxbrillian.com) is one of the world's leading
manufacturers and marketers of LCD HDTVs, digital cameras, and
consumer electronics products. The Company's lead products include
its Olevia(TM) brand (www.Olevia.com) high-definition widescreen
LCD televisions -- one of the fastest growing global TV brands --
and Vivitar brand (www.vivitar.com) digital still and video
cameras. Syntax-Brillian has built an Asian supply chain coupled
with an international manufacturing and distribution network to
support worldwide retail sales channels and position the Company as
a market leader in consumer digital entertainment products.
Forward-looking Statements: Certain statements contained in this
press release may be deemed to be forward-looking statements under
federal securities laws, and Syntax-Brillian intends that such
forward-looking statements be subject to the safe harbor created
thereby. Syntax-Brillian cautions that these statements are
qualified by important factors that could cause actual results to
differ materially from those reflected by the forward-looking
statements contained herein. Such factors include changes in
markets for the Company's products; changes in the market for
customers' products; the failure of the Company's products to
deliver commercially acceptable performance; the ability of the
Company's management, individually or collectively, to guide the
Company in a successful manner; and other risks detailed in
Syntax-Brillian's Annual Report on Form 10-K for the fiscal year
ended June 30, 2007 and subsequent filings with the Securities and
Exchange Commission. Brillian and Vivitar are trademarks or
registered trademarks of Syntax-Brillian Corporation. All other
trademarks are the property of their respective owners.
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