Avatech Solutions Appoints Lawrence Rychlak as New President

BALTIMORE - Avatech Solutions, Inc today announced that Lawrence Rychlak has been promoted to President of Avatech Solutions effective immediately. Mr. Rychlak will retain the position of Chief Financial Officer and George Davis will remain as Chief Executive Officer of the Company.

Mr. Rychlak, 53, has been with Avatech Solutions since May 2005, and most recently held the titles Executive Vice President and Chief Financial Officer. Prior to joining Avatech Solutions, Mr. Rychlak was with Environmental Elements Corp., where he held the positions of interim President and Senior Vice President, as well as Chief Financial Officer. He is a certified public accountant and holds a B.A. and an M.B.A. from Loyola University in Baltimore.

“Since I became President and CEO almost two and a half years ago, Larry has been instrumental in streamlining the Company’s operations, improving its financial performance and solidifying the balance sheet,” stated Mr. Davis. “The stability that now pervades Avatech’s operations has given us the opportunity to have Larry take on the additional responsibility of leading the day-to-day operations as I concentrate more on new and existing strategic initiatives, which are targeted towards driving future growth and diversification.”

Mr. Rychlak stated, “I am excited about the opportunities ahead of Avatech Solutions, and will embrace the added responsibilities associated with leading the Company towards meeting its operating and financial objectives. It has been a great experience working with George and I am very thankful for his past support and the opportunity that he and the Board of Directors have afforded me. I look forward to continuing to work with George and the rest of the Avatech team while we work to take advantage of the improving market conditions as the economy begins its recovery.”