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FutureLogic Announces Changes to Senior Leadership Team

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SOURCE FutureLogic, Inc.

GLENDALE, Calif., Jan.16, 2014 /PRNewswire/ -- FutureLogic, Inc., the world's leading developer of innovative ticket printing and couponing solutions, announces changes to its senior leadership team.

(Logo: http://photos.prnewswire.com/prnh/20120515/MM08081LOGO)

Eric Meyerhofer has been elected FutureLogic Chairman replacing Miles Arnone who remains a member of the Board of Directors. "I am delighted to announce these changes to the FutureLogic executive team," said Eric Meyerhofer. "By accepting the role of Chairman of the Board at FutureLogic, I will be able to pursue my long term commitment to the strategic direction of the company while allowing me the time to pursue other opportunities outside the company." Meyerhofer will be moving on to become the CEO of Gamblit Gaming, a startup company focused on providing internet and land based products to operators and service providers in the gaming industry.

Peter Murphy, formerly the company's COO, has assumed the position of FutureLogic CEO. Peter joined FutureLogic in 2013 with over 24 years' experience in managing technology businesses. He was President and CEO of Astrodyne Corporation, a power solutions company, from 2005 to 2013, and was President and CEO of Parlex Corporation and Chairman of the IPC, the world's largest electronics standards organization, from 2002 to 2005.

FutureLogic is pleased to announce that Nick Ortyl has joined FutureLogic as Chief Operating Officer. With over 20 years of business operations experience and engineering leadership, Nick was Vice President and General Manager for L-3 Communications, a provider of electronic systems used on commercial and military platforms, from 2010 to 2013. Prior to that, Nick led the Global Engineering Division of John Deere and was General Manager for Dresser Industries Instrument Division.  Mr. Ortyl commented, "I am excited to join FutureLogic at this exciting stage in their growth strategy. The recent product launches of PromoNet®, TableXchange® and Ticket2Go™, provide FutureLogic with three outstanding new platforms to grow its global gaming business."

"I am thrilled with the new additions and look forward to working with the new leadership team," concluded CEO Peter Murphy. "Nick Ortyl as our new COO bolsters an already strong management team which includes Tony Shepherd (CFO), John Edmunds (CMO), and Mark Meyerhofer (CTO). I am pleased that the company is in capable hands as we continue to develop new markets and expand our portfolio of innovative ticketing and couponing solutions."

About FutureLogic, Inc.

Celebrating more than 30 years in business and 15 years in gaming, FutureLogic is the leading developer of innovative ticket printing and couponing solutions to gaming technology providers and operators around the world. As the premier supplier of super-robust thermal ticket printers to the global gaming industry, FutureLogic has shipped more than 1.5 million printers for casino gaming, video lottery, AWP, LPM, SWP and kiosk applications worldwide. Headquartered in Glendale, CA and with offices across North and South America, Europe, Asia and Australia, FutureLogic's sales and engineering teams are ready to provide direct support and local knowledge for manufacturers and operators around the world. For more information or to contact us, please visit futurelogic-inc.com.

FutureLogic Contact:
Matt Naraghi
Director of Marketing, North America
619.786.4995
matthew.naraghi@futurelogic-inc.com

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