Coining Appoints Two New Vice Presidents

March 20, 2009

Coining is exceptionally pleased to announce the appointment of company veterans Peter Pachella and Julie Scelzo to Vice President positions. Effective immediately, Mr. Pachella assumes the title of Vice President – Manufacturing. Similarly, Ms. Scelzo becomes Vice President – Inside Sales, Customer Service & Marketing.

"Coining is truly fortunate to have Pete and Julie as leaders in our organization," remarks CEO Gary Holcomb. "Both have spent all, or nearly all, of their careers at Coining and contributed in countless ways over the years." Coining's President Ken Whited adds "I have worked with Pete and Julie for more than twenty years and enjoyed every minute. They help make Coining a great supplier and terrific place to work."

Peter Pachella directs Coining's tool and die making activities. He personally designs most of the company's stamping tools and oversees what Coining believes to be the largest library of preform stamping dies in the industry. Pete also is involved with many facets of day-to-day operations and is the company's go-to person for its most difficult manufacturing problems and challenges. He joined the company in 1979.

Julie Scelzo manages Coining's marketing and inside sales activities including quotations, trade shows, marketing literature, advertising and oversight of the company's customer service organization. She personally developed and maintains many of the close relationships Coining has with numerous customers. Julie is ultimately responsible for delivering the company's high level of timely customer service. She joined Coining in 1988.

Coining, Inc. is the largest manufacturer of solder and brazing preforms worldwide and a leading producer of bonding wire and ribbon, jumper chips, bonding pads, tabs, heat sinks, lead frames, solder spheres and cover assemblies for microelectronics packaging and assembly. The company manufactures products at its facilities in Saddle Brook, NJ; Armonk, NY; Penang, Malaysia; and Casablanca, Morocco, supplying over 750 customers in more than twenty-five countries.

For more information about Coining, please visit www.coininginc.com or email sales@coininginc.com.