Hurco Appoints New President

Hurco Companies, Inc. based in Indianapolis, IN, announced the promotion of Gregory S. Volovic to President.

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Hurco Companies, Inc. (Nasdaq:HURC), based in Indianapolis, Indiana, announced the promotion of Gregory S. Volovic to President. This decision was approved by Hurco's Board of Directors on March 14, 2013. Most recently Mr. Volovic served as Executive Vice President of Technology, Operations, and North American Sales/Service.

Mr. Volovic has been with Hurco Companies, Inc. since March 2005. His vision and entrepreneurial mind are a driving force in strategic innovation and developing new products and technologies. Mr. Volovic has also played a vital role in our global growth. With 27 years of experience, Mr. Volovic's professional background is very broad and includes managing multiple disciplines including machine design, operations, and sales.

"Greg's appointment is an important step forward for the future of Hurco," said Michael Doar, Chairman and Chief Executive Officer. "He has played a vital role in the company's recent growth and global expansion; he has proven himself to be a visionary leader with the ability to navigate Hurco towards the exciting goals we look to achieve in the coming years."

Prior to joining Hurco Companies Inc., Mr. Volovic worked at Thomson, Inc. in Indianapolis. He holds a Bachelor of Science Degree in Electrical Engineering, a Master of Science Degree in Computer Science, and an MBA.