Wynnefield supports appointment of Kahn Capital's representative to board of White Electronic

By Lisa Kerner

Charlotte, N.C., Sept. 3 - White Electronic Designs Corp. shareholder Wynnefield Capital, Inc. said it supports the appointment of Brian Kahn of Kahn Capital Management LLC to the company's board of directors to replace Hamid R. Shokrgozar, who resigned.

In addition, Wynnefield, with a 5.7% stake in White Electronic, also recommended that Kahn be appointed to the company's special committee that will review strategic alternatives.

Wynnefield's letter to White Electronic's board was included in a schedule 13D filed with the Securities and Exchange Commission.

White Electronic is a Phoenix-based manufacturer of microelectronic and display components and systems.

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