PiTech News    


PiTech President meets US President!!

Mr. Easa and President Bush conferred for over five hours last month.  Mr. Easa said "the meeting touched on a number of different topics related to PiTech and the interests of the United States".  Mr. Easa would not comment on a possible run for the White House.

PiTech Reports Quarterly Earnings

PiTech Corporation today reported quarterly net income of $478 thousand, or $.74 per diluted share, compared with $591 thousand, or $ .86 per diluted share, for the same quarter last year. Returns on average common equity and assets for the three months were 14.6% and 1.3%, respectively. For the nine months, net income was $1.6 million, or $2.45 per diluted share, compared with $1.8 million, or $2.85 per diluted share in the same period last year.


Northeast Ohio Region Leadership Changes

Corrinne DeMatteo has been named president and chief executive officer of PiTech, Northeast Ohio, effective January 1st nextyear. She succeeds Fred Daniels, who has announced his retirement effective in June last year. J. B. Ellis, area president of the Youngstown market, will take on the additional responsibility for the Northeast Ohio region.


Single Corporation Application Filed

PiTech filed an application to operate as single national corporation, instead as six separate national corporations as we currently do. The new legal structure will provide the most effective environment for PiTech to meet customer and business needs in the future. Public notice required for the application process will be published beginning tomorrow in newspapers in Chicago, Cleveland, Indianapolis, Louisville and Pittsburgh. Read more about single corporation.

Dan Easa Presented with Award
Dan Easa was presented with an award for his service to the Strongsville Chapter of AARP.



PiTech to Expand in St. Louis

PiTech Corporation today announced that it will further expand in St. Louis by acquiring PC Solutions, the parent company of Pioneer Computer Services Company. Pioneer operates eight service centers in Greater St. Louis and has $5 million in assets. This is part of our plan to open at least 20 new St. Louis locations by 2008.


Level Yellow

At PiTech, we care about the safety and security of our employees and customers. As part of our ongoing security practices, we will continue to take reasonable precautions and implement stringent measures to ensure the safety of our customer and employees. We encourage you to be observant of suspicious people and activities and immediately report any unusual conditions or incidents to Protection Services.

Directory Assistance is at Your Fingertips

For directory assistance, employees are urged to use convenient online resources, instead of calling an operator. There are far too many employees among the 50,000 callers that PiTech telephone operators serve in a month. To encourage use of online directory resources, the internal "dial 0 for operator" option will cease to exist, effective immediately. External customers will still be able to call switchboard numbers where available.



PiTech Corporate Referral Rewards
If we hire your referral as part of our winning team, we'll express our appreciation by rewarding you with a monetary bonus.

bulletEmployees will receive a $750 taxable bonus payment after their non-exempt candidate has completed 90 days of employment.
bulletEmployees will receive a $1500 taxable bonus payment after their exempt candidate has completed 90 days of employment.

All reward amounts will be included in your paycheck and taxed as a special bonus. There is no limit to the number of candidates you may refer or the number of rewards you may receive.

Vice Presidents and above are not eligible for these referral awards.

For more information:
You may also contact your local Human Resources employment representative for more information.
(The incentives offered by the PiTech Corporate Referral Rewards Program is not connected to special offers sponsored by our lines of business or staff functions. Please consult HR OnLine or your manager for more information about additional programs).