business units -- Boatracs, Enerdyne Technologies Inc.
It is our collective challenge to execute upon a plan that will stimulate the company and enhance value to all ARCOMS shareholders.
Housatonic Partners provides an excellent partner for ARCOMS at this stage in its growth cycle.
Headquartered in San Diego, ARCOMS
has offices in El Cajon, Calif.
As CEO at ARCOMS
, a company targeting marine, transportation and satellite communications, Gilbert led the company's growth in excess of 250 percent from $5 million in 1997 to nearly $18 million when he left his position in November of 1999.
Michael Silverman, chairman of ARCOMS
, added the following: "We believe that the opportunities available through this relationship for Xantic, ICTI, their customers and ARCOMS
shareholders are significant.
David brings to bear a wide range of civilian and military expertise, as well as business contacts that will help us to expand our reach into the government market," stated Michael Silverman, chairman and CEO of ARCOMS