Bulova Technologies Group, Inc Announces John M. Devlin, Jr. to Join Board of Directors Mr. Devlin to Take Active Role in Both Business Development and Corporate Finance
November 5, 2009 - Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--Bulova Technologies Group, Inc. (Pink Sheets: BLVT - News) (�BulovaTech� or �the Company�) announces the appointment of John M. Devlin, Jr. to the Company�s Board of Directors. Mr. Devlin joins the board with significant executive level experience and is anticipated to take an active role in Business development for the Company. Further, Mr. Devlin will work closely with the Company�s management team on issues with regards to corporate finance as well as expanding the Company�s footprint with regards to relationships with leading financial institutions.
�We are extremely pleased that Mr. Devlin has agreed to join our Board of Directors and intends to take an active role with the Company,� commented John Stanton Chairman Bulova Technologies Group. �His experience in corporate finance as well as his relationships on Wall Street make him perfect for the role he is going to take with the Company.�
John Devlin�s Abbreviated Bio.
John M. Devlin, Jr. spent the major part of his career with JPMorgan Investment Management as Senior Portfolio Manager responsible for over $4 Billion in institutional client assets. Retiring from Morgan in 2003, he became Vice Chairman of McKim & Co., a boutique investment banking firm where he was involved in raising venture capital and conducting due diligence for emerging growth companies. Last year, Devlin joined the American Irish Historical Society as its Managing Director. Devlin began his career at E.F Hutton & Co. as a stock trader before moving to US Steel as an asset manager in their Treasury Department.
Mr. Devlin serves on the board of Modavox-(OTCBB-MDVX), chairing both the Audit and Compensation committees. He also serves on several non-profit and private company boards. A 1967 graduate of Georgetown University, he also earned an MBA from Pace University. Devlin resides in Washington Crossing, Pa. with his wife of 42 years. They have two grown children and 4 grandchildren.
Please visit our website at www.BulovaTechGroup.com for a complete Biography on Mr. Devlin and more information about the Company.
About Bulova Technologies Group, Inc.
Headquartered in Clearwater Florida, Bulova Technologies Group, Inc. operates two facilities, Bulova Technologies Ordnance Systems in Mayo, FL and BT Manufacturing Company in Melbourne, FL. The headquarters also houses BulovaTech Labs, Inc and Bulova Technologies Combat Systems Company which is a world leader in the international sale of military vehicles, weapons and munitions in support of the U.S. Department of Defense.
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.
Contact:
Bulova Technologies Group, Inc.
Beverly Mercer, 727-451-6560