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Tii Network Tech (TIII) Dismisses CEO Paladino; Non-Exec Chair Kelley to Serve as Interim CEO

October 24, 2011 3:51 PM EDT
Tii Network Technologies, Inc. (Nasdaq: TIII), has determined to replace Kenneth A. Paladino as the Company's President and Chief Executive Officer, and the Board will commence a search for a new President and Chief Executive Officer. In the meantime, Brian J. Kelley, non-executive Chairman of the Board, will serve as President and Chief Executive Officer.


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