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Electro Rent Promotes Industry Veteran Eric Williams to Role of Vice President, Sales

Companies mentioned in this article: Electro Rent Corporation

VAN NUYS, Calif. -- (BUSINESS WIRE) -- Electro Rent Corporation (Nasdaq: ELRC) today announced that Eric Williams has been promoted to the newly created position of Vice President, Sales in recognition of his contribution to Electro Rent since joining the company from Agilent in 2009.

“Eric has been a great asset to Electro Rent since joining us five years ago, helping build the Agilent sales team at Electro Rent into a highly professional and effective organization,” said Dan Greenberg, CEO of Electro Rent. “I am confident that Eric’s extensive sales and sales management skills will continue to be put to good use to grow our business in North America, providing customers with smart and flexible solutions and new ideas.”

Prior to his promotion, Williams was Electro Rent’s National Sales Director for the company’s Agilent sales channel. Before joining Electro Rent, Williams held a number of sales and sales management positions with increasing responsibility for Agilent from 1999 to 2009. He previously spent 16 years with Hewlett-Packard Company, holding a number of sales and sales management positions. Williams earned his MBA in Finance and International Business from George Washington University and his B.S. in Electrical Engineering from Clarkson University.

Williams will report to Senior Vice President, North American Sales, Herb Ostenberg.

“I have worked alongside Eric for most of his career at Agilent and Hewlett-Packard,” said Ostenberg. “It has been a pleasure to continue our working relationship here at Electro Rent. Together, we are motivating the entire sales organization to build deeper and more meaningful relationships with our customers.”

About Electro Rent

Electro Rent Corporation (www.ElectroRent.com) is one of the largest global organizations devoted to the rental, leasing and sales of general purpose electronic test equipment, personal computers and servers.

"Safe Harbor" Statement:

Except for the historical statements and discussions in this press release, the company’s statements above constitute forward-looking statements within the meaning of section 21E of the Securities Exchange Act of 1934. These forward-looking statements reflect Electro Rent’s management's current views with respect to future events and financial performance; however, you should not put undue reliance on these statements. When used, the words "expect" and "will" and other similar expressions identify forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties. The company believes its assumptions are reasonable; nonetheless, it is likely that at least some of these assumptions will not come true. Accordingly, Electro Rent’s actual results will probably differ from the outcomes contained in any forward-looking statement, and those differences could be material. Factors that could cause or contribute to these differences include, among others, those risks and uncertainties discussed in the company’s periodic reports on Form 10-K and 10-Q and in its other filings with the Securities and Exchange Commission. Should one or more of the risks discussed, or any other risks, materialize, or should one or more of our underlying assumptions prove incorrect, the company’s actual results may vary materially from those anticipated, estimated, expected or projected. In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct. Electro Rent undertakes no obligation to update or revise any forward-looking statements.


Copyright © Business Wire 2014
Contact:

Electro Rent Corporation
Daniel Greenberg, 818-786-2525
Chairman and CEO
or
PondelWilkinson Inc.
Roger Pondel or Laurie Berman, 310-279-5980
pwinvestor@pondel.com