Posted in | Nanobusiness

Lake Shore Cryotronics CEO to Advise on US Export Administration Act

Published on March 3, 2011 at 7:13 PM

Lake Shore Cryotronics, Inc., today announced the appointment of Michael Swartz, CEO to the President's Export Council Subcommittee on Export Administration (PECSEA). Mr. Swartz was appointed by U.S. Commerce Secretary Gary Locke, along with 23 other executives from businesses representing a diverse group of industry segments.

The PECSEA advises the U.S. government concerning the Export Administration Act and Export Administration Regulations and matters related to security and global competitiveness. The PECSEA includes a diverse group of individuals from a broad range of industries that are directly affected by export controls which are in place to guard national security and foreign policy interests. Members from these industries were invited for their experiential expertise to inform the U.S. government of the ways export regulations can adversely impact U.S. industry.

"Michael's dedication to ethical and sustainable business practices will be an asset to the committee in helping to form solid export policy recommendations," Betsey Krause, Corporate Compliance Manager at Lake Shore commented. "He has always had a passion for small business; this is an opportunity for him to be a voice representing our interests in this important policy area."

The President's Export Council appoints members to the subcommittee who have senior export control expertise and direct experience in one of the industries affected by export laws. With over 60% of Lake Shore's business being international, Michael Swartz deals with export controls in day-to-day business interactions. "Export regulations affect small businesses uniquely in ways that larger businesses don't experience," Swartz noted. "My goal is to drive those issues in the direction that will benefit smaller businesses in a way that ensures National Security."

The PECSEA's first meeting will be held March 10, 2011, at the U.S. Department of Commerce in Washington, DC. The subcommittee will meet four to six times throughout the year.

Established in 1968, Lake Shore is an international leader in developing innovative measurement and control solutions. Products include cryogenic temperature sensors and instrumentation, and magnetic test equipment, as well as metrology system and probe stations used for characterizing the physical properties of materials. Lake Shore customers include leading university, government, aerospace and commercial research institutions and are supported by a global network of sales and service offices.

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