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Qualstar CEO Bill Gervais to Retire

On June 15, 2012

Qualstar Corporation reported that William J. Gervais, CEO, president and a member of the board of directors that he will retire from the company and tendered his resignation as a director and officer of the company, to be effective as of June 15, 2012.

He co-founded Qualstar in 1984 and has served as a director since its inception, as president since 1984, and as CEO and president since 2000. From 1984 until January 2000,Gervais also served as CFO. From 1981 until 1984, he was President of Northridge Design Associates, Inc., an engineering consulting firm. He was a co-founder, and served as engineering manager from 1976 until 1981, of Micropolis Corporation, a former manufacturer of hard disk drives.

Gervais earned a B.S. degree in Mechanical Engineering from California State Polytechnic University in 1967.

He will continue in his present positions until the effective date of his retirement and will assist in making a smooth transition to his successor. He will also be available in the future on a consulting basis as needed. The board has commenced a search for a new CEO to replace Gervais.

The board thanks Bill for his insightful knowledge and leadership since the company’s founding 28 years ago, and wishes him the best of luck in his retirement.

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