WEST WARWICK – Astro-Med Inc. Thursday said two corporate officers have eliminated their indebtedness to the company.
Chairman and CEO Albert W. Ondis had borrowed $321,640, and President and COO Everett V. Pizzuti had borrowed $131,624, in “unsecured, non-interest-bearing demand notes,” the company said. Both loans have repaid in full.
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Astro-Med Inc. (Nasdaq: ALOT) is a maker of high-tech specialty printing systems, medical instrumentation, and test and measurement instruments for diverse industrial, scientific and medical applications. Additional information is available at www.astro-medinc.com.
