Astrotech Names Eric Stober CFO

Astrotech Corporation

today announced that it has appointed Eric Stober as Chief Financial Officer ("CFO") of the Company. Mr. Stober's appointment is effective as of November 14, 2013. "The Board is delighted to promote Mr. Stober to Chief Financial Officer," stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. "I have worked with Mr. Stober since 2008 and have found him to be hard working, trustworthy, competent and knowledgeable. Management and the Board of Directors are excited to promote Eric to this position as he has excelled in every position held over the last five and a half years." Mr. Stober joined Astrotech Corporation in August of 2008 as a Senior Staff Financial Analyst. In the same year, he was promoted to Principal Financial Analyst and from 2012 to the present, Mr. Stober served as Vice President of Corporate Development. Mr. Stober brings 14 years of experience in private equity, finance and business start-ups. Prior to joining Astrotech Corporation, he worked at the private equity firm Virtus Financial Group, analyzing prospective middle market private equity investments. Additionally, Mr. Stober founded or co-founded several companies, including a web advertising company, a small business tax