SunWorks Inc (SUNWQ)

[drugmanrx]

It is reprinted from

http://reedsinc.com/press-release/reeds-inc-announces-board-of-director-nominees/

LOS ANGELES, Oct. 31, 2016

Charles Cargile will be our financial expert. Mr. Cargile has a distinguished career as a financial and strategic management executive. Most recently, Mr. Cargile was Senior Vice President, Chief Financial Officer and Treasurer of NASDAQ listed Newport Corporation from 2000 to 2016. He successfully oversaw the acquisition of Newport by MKS Instruments in April, 2016 for $980 million; an acquisition price 11 times 2015 EBITDA and at a 53% premium to the share price. Prior to his time at Newport Corporation, from 1998 to 2000 Mr. Cargile was Vice President of Finance and Corporate Development at York International Corporation (now part of Johnson Controls). From 1992 to 1998 Mr. Cargile was Corporate Controller and Chief Accounting Officer at BW/IP, Inc. (now Flowserve Corporation). Currently, Mr. Cargile is a an independent financial and executive advisor based in Newport Coast, CA. He is the lead independent director at Netlist and serves as a director at Sunworks.