LTX Corporation Appoints Patrick J. Spratt to Its Board of Directors

LTX Corporation, a leading provider of semiconductor test solutions, has announced the election of Patrick J. Spratt, chief financial officer of KVH Industries, Inc., to its Board of Directors. Spratt joins the board with a rich background in finance and technology, having served as CFO of KVH since 2002 and holding various management positions at BioReliance Corporation and Digital Equipment Corporation.

Key Takeaways:

• Patrick J. Spratt has been elected to the LTX Corporation Board of Directors, bringing his extensive financial expertise in technology to the role.
• Spratt has served as CFO of KVH Industries, Inc. since 2002, leading the company's financial strategy and development.
• Spratt has held various management positions, including CFO at FabCentric, Inc. and director/CFO at Negen Access Inc.
• He is expected to serve as chairman of the Audit Committee, in addition to other board responsibilities.
• Robert J. Boehlke leaves the LTX Board, and his position is filled by Spratt.
• Spratt's appointment is seen as a strategic move, leveraging his expertise in finance and technology to advance LTX's core strategies.

Statistics:

• 2002: The year Patrick J. Spratt joined KVH Industries, Inc. as CFO.
• 2000-2001: The period during which Spratt served as director/CFO at Negen Access Inc.
• 2002-present: The duration of Spratt's tenure as CFO at KVH Industries, Inc.

Sources:

• LTX Corporation (www.ltx.com)
• Nasdaq: LTXX
• KVH Industries, Inc. (no date provided)