724 Solutions Appoints Wireless Executive Michael E. Luna as Chief Technology Officer.SANTA BARBARA, Calif. -- 724 Solutions (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SVNX) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SVN SVN Subversion (version control system) SVN Slovenia (international traffic code) SVN Social Venture Network SVN South Vietnam SVN Secure Virtual Network SVN Supervised Visitation Network ), a leading provider of next-generation IP-based network and data services, today announced that Michael E. Luna has joined 724's executive team as the Chief Technology Officer. In this role, Mr. Luna will lead all engineering, architecture and product development initiatives for 724 Solutions. "Michael's early and continued involvement in the wireless data industry coupled with his demonstrated technology expertise will add an important leadership dimension to the 724 Solutions executive team," said John Sims, Chief Executive Officer. Michael is a pioneer in the wireless data industry, with over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of management and design experience in data engineering and networking spanning data transmission from the first generation cellular networks to third generation networks. He has demonstrated his wireless data technology leadership both in the standards community and within the industry particularly with his early contribution to the creation and formation of the WAP Forum and Open Mobile Alliance (OMA (1) See Object Management Architecture. (2) (Open Mobile Alliance Ltd., La Jolla, CA, www.openmobilealliance.org) An organization formed in June of 2002 by the consolidation of the WAP Forum group and the Open Mobile Architecture Initiative. ). Michael served as Chairman of the WAP Forum Interoperability Executive Committee, member of the WAP Forum Specification Committee and Chairman of the OMA Mobile Web Services Group. Throughout his distinguished career, he formulated next generation data strategies and assisted progressive mobile operators with the architectures of their data and service delivery networks. Most recently, Michael served as Vice President Consulting Engineering and Distinguished Engineer in the Market Development Group and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. office at Openwave. He has held a variety of senior wireless data technology leadership positions while at Openwave, and previously at Phone.com (Unwired Planet), AT&T Wireless Services, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Technology Resources and Physio-Control Corporation. "This is an exciting time in the mobile data industry and I am pleased to be joining the 724 team," said Luna. "I am looking forward to the opportunity to provide leadership to our technology initiatives in support of the tremendous growth expected in our industry." About 724 Solutions 724 Solutions (NASDAQ:SVNX) (TSX:SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based network and data services. Additionally, in conjunction with mobile operator partners, the company provides a series of actionable alerting solutions to enterprises to assist them in lowering operating costs and improving customer relationship management. 724 Solutions is a global company with development operations in Canada and Switzerland with its corporate office in Santa Barbara, California Santa Barbara is a city in California, United States. It is the county seat of Santa Barbara County, California. As of the 2000 census, the city had a total population of 92,325. . For more information, visit www.724.com. |
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