Independent Technologies, Inc. Mourns Death of President and CEO Daryl E. Ingalsbe

Blair, Neb. (January 3, 2017) — Independent Technologies, Inc. suffered a tragic loss on Tuesday, December 27, 2016 when its President, Daryl Ingalsbe, died in a plane crash near his home in Spruce Creek, Florida. Our sincerest condolences and prayers go out to Daryl’s family, friends, and his family of employees. We also offer our sincerest condolences and prayers to the family and friends of his very good friend, Deb Solsrud of New London, Minnesota, who also was killed in the crash.

The Independent Technologies, Inc. Board of Directors has appointed Vice President Hank L. Smith as the President and CEO. A statement released by the Board declared, “All of us at Independent Technologies have lost not only a great innovative leader in the voice and data communications research and development field, but we have also lost a close friend. We will carry on his vision and continue to make Independent Technologies the market leader in all of our industrial disciplines.”

Prior to joining Independent Technologies in 1992, Smith worked for US West in various technical and management positions for more than 20 years. Ingalsbe has a BA and MBA in finance from the University of Nebraska, and an Electrical Technology degree from North Dakota State School of Science.

For more information, please contact:

Tom Dudycha, Marketing Manager

Independent Technologies, Inc.

1960 Ridgeview Road

Blair, Nebraska 68008

402.866.492.7762

Email: