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Schmitt Industries appoints Charlie Davidson to its board

Schmitt IndustriesSchmitt Industries, Inc., a manufacturer of test and measurement products, announced the appointment of Charles Davidson as the fifth member of the company's board of directors, effective May 31, 2016.
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Mr. Davidson is an "independent director" according to the rules of the Securities and Exchange Commission and The NASDAQ Stock Market, and he will serve on the Board's Audit, Compensation and Nominating Committees.

Since August 2014, Mr. Davidson has been the CEO of Attensa Corporation, an enterprise software provider. He was the CEO of Attensa's predecessor company Leeward, Inc. from 2009 until 2014, when it was merged into Attensa Corporation, and Attensa, Inc. from 2007 until 2009.

From 2000 until 2003, Mr. Davidson was CEO and President of StatiaFX, a developer of software solutions for financial advisory services.

When StatiaFX was acquired in 2003 by Financial Profiles, a business unit of Hanover Insurance Group, Mr. Davidson became Vice President, Strategy and Business Development of Financial Profiles and served in that function until 2006 when the business was sold.

From 1994 to 1999, Mr. Davidson was Chief Operating Officer and a member of the Board of Directors of the Crabbe Huson Group, an investment management firm. In 1993, he co-founded Co-Operations, Inc., an innovative outsource logistics company and served as its chairman until 2000.

Mr. Davidson holds a B.S. from the University of Oregon and a J.D. from Northwestern School of Law, Portland. He is a member (inactive) of the bar associations of Oregon and Washington.

Mr. Davidson will serve as a director until the Company's next annual meeting of shareholders, at which time it is expected he will be a director nominee.



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