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Applied Signal Technology, Inc. Announces Appointment of President and CEO
Wednesday, August 20, 2008 7:50 PM
Symbols: APSG
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Applied Signal Technology, Inc. (NASDAQ:APSG) today announces the appointment of William Van Vleet III as President and Chief Executive Officer effective immediately. Mr. Van Vleet had been appointed as Acting Chief Executive Officer upon the resignation of Mr. Gary Yancey on May 1, 2008.

Mr. Van Vleet joined the Company in connection with its acquisition of Dynamics Technology Inc. on July 1, 2005, where he had been Chief Executive Officer. He was appointed as our Chief Operating Officer on November 15, 2007.

Mr. Van Vleet has also been appointed as a Class I member of the Board of Directors, effective immediately, to fill the vacancy previously created after the resignation of Mr. Yancey. Mr. John P. Devine is continuing as non-executive Chairman of the Board of Directors.

“We are very pleased to announce the appointment of Bill as Chief Executive Officer,” said Mr. Devine. “We evaluated a number of candidates during the search conducted with the assistance of a search firm and we believe that Bill is the right person for the job. Bill has been running the Company for the past three and a half months and we have great confidence in his leadership and in the direction he is taking the Company.”

Applied Signal Technology, Inc. provides advanced digital signal processing products, systems and services in support of intelligence, surveillance, and reconnaissance for global security. For further information about Applied Signal Technology’s products and services visit our website at www.appsig.com.

Applied Signal Technology, Inc.
James Doyle, 408-749-1888
Chief Financial Officer
Alice Delgado, 408-749-1888 (Investor Relations)

(Source: Business Wire )



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