ANDOVER, MA--(Marketwire - April 21, 2008) - Vicor Corporation (
Prior to joining Vicor, Mr. Simms was a Managing Director of Needham &
Company, LLC, a privately held, full-service investment banking and asset
management firm. Mr. Simms held previous positions as a senior
professional with the investment banks Janney, Montgomery Scott LLC, a
wholly owned subsidiary of The Penn Mutual Life Insurance Company, and
Adams, Harkness & Hill, Inc. Mr. Simms is currently an independent
director of PAR Technology Corporation (
Commenting on the appointment of Mr. Simms, Vicor's CEO Patrizio Vinciarelli, noted: "I am confident that Jamie's intellect and broad experience will add useful bandwidth as we seek to exploit technological innovation to accelerate market penetration and financial returns to the shareholders. I am delighted to have Jamie on board and expect that he will add significant value."
Vicor Corporation designs, develops, manufactures and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products primarily to the communications, information technology, industrial control and military electronics markets.
Contact Information: For further information contact: Mark A. Glazer Investor Relations Vicor Corporation Tel: 978-470-2900 Fax: 978-749-3439