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Teq Names New EVP of Sales and Marketing

FARMINGDALE, NY – August 24, 2010 – Tequipment, Inc. announced that Ian Minushkin will join Christine and Rob Sugarman on the Board of Directors and will formally resign from his position as Chief Sales Officer, effective August 27. Ian will no longer be involved in the daily operations of the organization, however, he will use his past 10 years of experience with the company to advise the Board on sales’ decisions and policies.

Teq also announced that Eli Stawicki has been named the new Executive Vice President of Sales and Marketing. Eli will be relocating to the Long Island region in early 2011 and will begin transitioning out of direct customer interactions and into his leadership role immediately. Eli has been with Teq for 12 years and will use his knowledge and history of the company to maintain its unique structure and culture, as well as manage the company’s sales and marketing initiatives. He wiIan Minushkinll also be tasked with driving the future direction of the company.

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