DAYTON, Ohio, April 25 /PRNewswire-FirstCall/ -- MTC Technologies, Inc. (Nasdaq Global Select Market: MTCT), an industry-recognized provider of aircraft modernization and sustainment, professional services, C4ISR, and logistics solutions to the Department of Defense and national security agencies, announced today that MTC Vice President and Treasurer, Therese McNea, was honored last evening during an awards banquet and ceremony at the Dayton (Ohio) Convention Center. Ms. McNea was selected as one of the young professionals in the Dayton Business Journal's "40 Under 40" program. Over the past 11 years, a variety of those selected as "super-achievers" at this event have become the top leaders in their respective industries.
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Ms. McNea proved herself as a strong business leader for MTC by exhibiting her organizational and project management skills in several of the Company's most critical projects. Such activities included: establishing Securities and Exchange reporting processes; establishing an Internal Audit Department; raising capital from a secondary stock offering; and negotiating new credit facilities. During 2007, she was an integral member of a project to issue tax exempt industrial bonds in Alabama for a new aircraft completion center and more recently played a key role in the proposed merger with a multi-billion dollar global defense and aerospace company.
During her tenure at MTC, Ms. McNea moved rapidly through the ranks. Starting as Manager of Reporting and Internal Audit in 2002, she was promoted to Treasurer in 2005, and to Vice President/Treasurer in 2006. She won a Company Visionary award in 2004 and the MTC Chairman's Award in 2005.
Active in community charity projects, Ms. McNea serves as president of the MTC Foundation, a 501 (c) (3) organization dedicated to helping the needy and homeless of Dayton. During her tenure, the Foundation has raised funds and supported the St. Vincent Hotel; Habitat for Humanity; Fisher Nightingale Houses Foundation; Junior Achievement; Salvation Army; and one half dozen more benevolent organizations.
Ms. McNea holds a Bachelor of Arts degree (Accounting) from Alaska Pacific University and a Masters in Business Administration from the University of Dayton. She is also a Certified Public Accountant.
MTC delivers Warfighter solutions involving systems engineering, information technology, intelligence, and program management services primarily to the Department of Defense. Cited by Forbes as 16th among the "25 Fastest Growing Technology Companies -- 2006;" by Washington Technology as 55th in revenue growth among the "Top 100" IT Federal Prime Contractors; and ranked 14th by Aviation Week & Space Technology among the "Top Performing Companies -- 2007," MTC employs approximately 2,900 people in more than 40 locations. The company was founded in 1984 and is headquartered in Dayton, Ohio.
For further information on MTC, visit the website at http://www.mtctechnologies.com/.
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