NRK Names President and Reports Record 2010

WILLIAMSBURG, Va.--(BUSINESS WIRE)--New River Kinematics Inc., a leading supplier of software to the Aerospace, Shipbuilding and Satellite markets among others, has named Paul J. Collins Jr. President, effective February 1, 2011. Mr. Collins has held the position of Chief Operating Officer with NRK for over three years. Prior to working with NRK, Mr. Collins, a 1980 graduate of the Pamplin College of Business at Virginia Tech, has had executive management responsibilities with three other fast growing software companies, including the experience of serving as President.

“SpatialAnalyzer, our flagship software offering continues to grow in popularity around the world. We expect 2011 to be another year of strong growth for NRK as more companies in more industries recognize SA’s ability to help them increase measurement accuracy and speed up time to market for their products.”

NRK’s Co-Founders Joe Calkins and Bob Salerno will continue to focus their efforts on research and development. “Paul’s leadership on the business side these past several years has helped our growth tremendously. NRK customers will continue to benefit from the technical focus this success has enabled,” said Joe Calkins.

NRK also announces an 18% revenue growth in 2010 along with record profits. NRK has maintained a greater than 20% average year to year growth for the past four years. NRK’s newly appointed President Paul Collins says “SpatialAnalyzer, our flagship software offering continues to grow in popularity around the world. We expect 2011 to be another year of strong growth for NRK as more companies in more industries recognize SA’s ability to help them increase measurement accuracy and speed up time to market for their products.”

New River Kinematics, a Williamsburg, Virginia based company is a leading provider of Portable Metrology software in the U.S. and 30 countries around the world.

www.kinematics.com