Technology >> CEO Interviews >> September 24, 2001

Stephen Fryer – Pen Interconnect Inc (penc)

STEPHEN J. FRYER is President and CEO of Pen Interconnect, Inc., an Irvine-based public company. The company specializes in power supply and battery charger design and electronic circuit board assembly (contract manufacturing). Mr. Fryer became President in August 1998 at the request of the shareholders and the Board of Directors. He became CEO in February 1999 and Chairman of the Board of Directors in November 1999. Previously, he was a principal in Ventana International, Ltd., an Irvine-based venture capital and private investment banking firm from 1989 through 1996. He is a graduate of the University of Southern California with a Bachelor's degree in Mechanical Engineering and a minor in Economics. He has spent over 28 years in the computer business in the US as well as Asia and Europe. He was the Founder and former Chairman and CEO of World Comnet, Inc., Founder and CEO of ACRO Corporation, Chairman of Tedco, Inc./Newport Power Group and a Director of Dimensional Circuits, Capital Technology Group and Pen Interconnect, Inc., a public company. Prior to 1980, Mr. Fryer held sales and management positions with several technology-related companies. These companies included General Electric Company, General Automation, Inc., Ormond, Inc., and Beehive International. In 1980 he founded and was CEO of ACRO Corporation, US, and ACRO S/A Europe, which designed, manufactured, and marketed throughout the world a DEC compatible video terminal. This was done in partnership with C. Itoh Electronics, a division of C. Itoh and Co., a major Japanese trading company. In 1983, after surpassing $23 million in sales, ACRO was acquired by C. Itoh and Mr. Fryer became Vice President of Marketing of that company. He held this position until 1984, when he became Vice President of C. Itoh's IBM compatible peripherals division, where he was General Manager for worldwide operations. Profile
TWST: Could you begin with a brief historical sketch and a quick

overview of Pen Interconnect?

Mr. Fryer: The company was started in 1983 and has been through its life

involved in contract