Onity Promotes Jay Weaver to Chief Financial Officer
ATLANTA, GA, December 8, 2006. Onity, a leading global provider of electronic control and security solutions for lodging applications, has announced the promotion of Jay Weaver to the position of Chief Financial Officer. Based at Onity's world headquarters in Norcross, Georgia, Jay will be responsible for the global finance reporting and leadership of the finance organization of the Onity businesses. Most recently, he held the position of Finance Director for Onity's North America division, where he played a critical role in driving that business unit to increased performance levels over the past two years.
Prior to joining Onity in September 2004, Jay served as a regional Finance Manager for Kraft Foods supporting manufacturing finance. During his successful 16-year career in corporate finance, he has also held prominent positions with Diversity Food Processing and Union Camp Corporation. He received his Bachelors degree in Accounting from James Madison University.
"We are pleased to welcome Jay as Onity's new CFO," said Bill Oliver, Onity's VP of Sales and Operations at the company's North America Division. "His hard work and dedication has played a large part in Onity's increased profitability and success over the past several years, and we look forward to continuing that trend as we begin a new year and a new era for the company."
For more information, please contact Terri Pearson at 1-866-86-ONITY (66489), or visit www.onity.com.
ABOUT ONITY
Onity (formerly TESA Entry Systems, Inc.), a leading global provider of electronic locking systems, offers innovative technological solutions and services for the Hospitality, Corporate, Education, Government and Marine markets. The company's ever-expanding family of facility management solutions includes electronic locks, in-room safes, and Senercomm(R) energy-management systems. Onity has R&D and manufacturing operations in Spain, Mexico and the U.S., as well as an extensive sales and service network that spans more than 115 countries around the globe. For information about Onity's electronic hospitality solutions please visit www.onity.com.
ABOUT UTC FIRE & SECURITY
Onity is part of UTC Fire & Security, which provides fire safety and security solutions to more than one million customers around the world. Headquartered in Connecticut, UTC Fire & Security is a business unit of United Technologies Corp. (NYSE:UTX), which provides high technology products and services to the building and aerospace industries worldwide. More information can be found at www.utcfireandsecurity.com.




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