GTCO CalComp Expands Executive Team; Steve Kaye Joins as Co-President and Chief Operating Officer

Veteran GTCO CalComp employee returns, adding greater strategic management experience during rapid growth period

Columbia, MD – August 23, 2006 - GTCO CalComp announces that Mr. Steve Kaye has rejoined the company as co-president and chief operating officer. Mr. Kaye, a long time member of the company’s Board of Directors, originally joined GTCO CalComp in 1985 and served as president and COO from 1991 to 2001. During his ten-year tenure as president, he led GTCO CalComp to become the world's leading provider of large format position-sensing systems, including high performance digitizers and interactive whiteboards. Mr. Eric Timmons will continue in the co-president role with Mr. Kaye and assume new responsibilities as the company’s chief technology officer.

“We are excited to welcome Steve back to GTCO CalComp and know that his strategic perspective, leadership qualities, and passion for the company will be especially valuable during this time of rapid growth,” said Co-President and Chief Technology Officer Eric Timmons. “The company’s InterWrite and PRS products are creating a paradigm shift in classrooms around the world by creating a highly interactive and engaging teaching environment. Steve’s many years of global business experience in the markets we serve will enable us to accelerate the adoption of our interactive teaching platform and build on our leadership position.”

Most recently, Mr. Kaye served as president and CEO of Centice Corporation, which designs and manufactures high sensitivity optical sensing modules for the analytical, life sciences, medical and pharmaceutical industries. Previous to Centice, Mr. Kaye held positions with CIENA, Hewlett Packard and Westinghouse. Steve has a B.S. in electrical engineering from The University of Tennessee and an MBA from The Wharton School. Mr. Kaye also serves on the board of EOD Technology, Inc.


About GTCO CalComp
With over 30 years experience, GTCO CalComp is a leader in computer input peripherals, with over one million systems installed worldwide. Founded in 1975, GTCO CalComp pioneered the use of pen-based electromagnetic sensing technology currently utilized in the Company's InterWrite™ Interactive Whiteboard and GTCO CalComp Digitizer product lines. In 2004, GTCO CalComp expanded its line of interactive products with introduction of InterWrite PRS, a classroom response system. GTCO CalComp Inc, a global company, is headquartered in Columbia, Maryland, with offices in Scottsdale, Arizona; and Munich, Germany. GTCO CalComp maintains distribution partners in over 90 countries, providing solutions to professionals in Education, Training, Presentation, GIS, Computer Aided Design, Construction Estimating and Graphic Arts. For more information on the brands and products offered, visit the GTCO CalComp website at www.gtcocalcomp.com.