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Inrange CEO Exits: Page 2 of 2

Kling is president of communications and technology systems at SPX. His background in business and technology (he has an MBA as well as an engineering degree from Rensselaer Polytechnic Institute) are evidently seen as the ticket Inrange needs to get out of the doldrums.

There may be some evidence that parental guidance is working. Back in September, the company had issued guidance for the present fourth fiscal quarter 2001 of $50 million to $60 million, with earnings per share of $0.00 to -$0.02 per share (see Inrange Points Finger for Q3 Loss). Early in December, it revised its guidance upward, indicating it hoped for $60 million to $66 million in quarterly revenues, with earnings of +$0.02 to -$0.02 per share (see Inrange Ups Guidance