Blonder Tongue Laboratories, Inc. Announces Furloughing Ronald V. Alterio, the Senior Vice President-Engineering and Chief Technology Officer
June 06, 2022 at 04:26 pm
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In an effort to reduce its cash use, Blonder Tongue Laboratories, Inc. is furloughing Ronald V. Alterio, the Company's Senior Vice President-Engineering and Chief Technology Officer, effective June 6, 2022, for approximately 60 days. In his absence, the Company believes that it has sufficient engineering staff to ensure that there will be no disruption in policies, procedures or practices relating to the Company's engineering and research and development activities or in connection with the manufacture and shipping of its products.
Blonder Tongue Laboratories, Inc., along with its subsidiary R. L. Drake Holdings, LLC (Drake), is a technology research and development company. The Company delivers a range of products and services to telecommunications, cable and fiber optic service delivery operators, as well as broadcasters and media production companies. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals, fitness centers, government facilities/offices, prisons, airports, sports stadiums/arenas, entertainment venues/casinos, retail stores, and small-medium businesses. The Companyâs products are divided into five categories: Encoders and Transcoders, NeXgen Gateway (NXG), Coax Distribution, consumer premise equipment (CPE) and Digital Modulation. Its Encoder/Transcoder Products are used by a system operator for encoding and transcoding of digital video.
BLONDER TONGUE LABORATORIES, INC. 
