Dynasil Appoints Gary J. Bishop EVP - Photonics

Dec 01, 2015, 10:00 ET from Dynasil Corporation of America

NEWTON, Mass., Dec. 1, 2015 /PRNewswire/ -- Dynasil Corporation of America ("Dynasil" or the "Company") (NASDAQ: DYSL), a developer and manufacturer of optics and photonics products, optical detection and analysis technology and components for the homeland security, medical and industrial markets, today announced the appointment of Gary J. Bishop, Ph.D., to the newly created position of EVP – Photonics.

"We are very excited to have Gary join the Dynasil team," said Peter Sulick, President and CEO.  "We expect his leadership in this new position will be transformational for our Optics group. With more than twenty-five years of experience in operations excellence, sales and marketing, Gary will bring growth and new efficiencies to the high quality optics and photonics products for which Dynasil is known."

Most recently, Dr. Bishop served as COO and Senior Vice President at Qioptiq, Inc., the North American division of a $350M global optics and optical systems company.  Dr. Bishop was serving as President and CEO of LINOS Photonics, Inc. at the time of that company's acquisition by Qioptiq. Dr. Bishop has extensive additional experience in the laser industry, as well as information technology and software development. Dr. Bishop has a Ph.D. in Applied Physics from the University of Hull, in the U.K.

About Dynasil Dynasil Corporation of America (NASDAQ: DYSL) develops and manufactures optical detection and analysis technology and components for the homeland security, medical and industrial markets. Combining world-class expertise in research and materials science with extensive experience in manufacturing and product development, Dynasil is commercializing products including dual-mode radiation detection solutions for Homeland Security and commercial applications and sensors for non-destructive testing.  Dynasil has an impressive and growing portfolio of issued and pending U.S. patents.  The Company is based in Newton, Massachusetts, with additional operations in Mass., Minn., NY, NJ and the United Kingdom. More information about the Company is available at www.dynasil.com.

Forward-Looking Statements

This press release contains statements which are not historical facts and which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by the use of words such as "may," "could," "expect," "estimate," "anticipate," "continue" or similar terms, though not all forward-looking statements contain such words.  These forward-looking statements are based on current expectations, estimates, forecasts, and projections and the beliefs and assumptions of our management.  Examples of forward-looking statements include, but are not limited to those related to Robert Bowdring's appointment as CFO. The actual results of the future events described in such forward looking statements could differ materially from those stated in such forward looking statements due to a number of important factors. These factors that could cause actual results to differ from those anticipated or predicted include, but are not limited to, continuation of existing market conditions, the demand for our products, the borrowing availability under our line of credit or the absence thereof, our ability to obtain and maintain intellectual property protection for our products, competition, the loss of key management and technical personnel, and the uncertainties set forth in the Company's 2014 Annual Report on Form 10 K, filed December 16, 2014, including the risk factors contained in Item 1a, the Company's Quarterly Reports on Form 10-Q filed on February 17, 2015, May 13, 2015 and August 12, 2015 and from time to time in the Company's other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts: Patty Kehe Dynasil Corporation of America Phone: 617.668.6855 Email: pkehe@dynasil.com

SOURCE Dynasil Corporation of America