724 Solutions Names Walter Yan Vice President of Asia Pacific Region.Business Editors SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif.--(BUSINESS WIRE)--Oct. 20, 2003 Yan Brings Proven Track Record of Success in World's Fastest Growing Mobile Markets 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, applications and data services, today announced that it has named Walter Yan Vice President, Asia Pacific. Yan will be responsible for directing the company's sales strategy and overseeing day-to-day sales operations throughout the region. With more than 18 years of related experience and a proven track record for building teams that meet and exceed their objectives, Yan has developed an extensive contact network within and a unique understanding of the Asia Pacific wireless data market. Prior to joining 724 Solutions, Yan served as General Manager of the Greater China region at LogicaCMG mobile division where he built and grew the LogicaCMG sales departments while overseeing offices in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Taiwan and China. Before LogicaCMG, Yan held managerial positions at Inter-Voice Brite as the Director of strategic accounts (Asia Pacific) and at Teledata Hong Kong LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . He also has worked in new market development in Korea, Taiwan and the Philippines. "We are exceptionally pleased to have Walter join our team and confident that his experience and relationships will further our presence and business in the Asia Pacific region," said John Sims, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 724 Solutions. "Premium data services in the Asian markets account for one of the largest mobile data services opportunities in the world and Walter will be instrumental in achieving our goals within these markets." "With 724's established market position in the Asia region, the opportunity is tremendous for 724's entire X-treme Mobility Suite," says Walter Yan. "I am thrilled to be working with such an innovative and customer-focused company. Mobile operators in this region are seizing the opportunity to deploy innovative mobile data solutions that facilitate the delivery of premium content services to their subscribers. I look forward to working with 724's customers and partners in Asia and continuing 724's growth in that market." 724 Solutions has been rapidly building momentum in the Asian market. In March of 2003, 724 announced an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partnership with China's largest listed telecommunications equipment manufacturer, ZTE ZTE Zalaegerszegi Torna Egylet (Hungarian sports club) Corporation. In July 2003, 724 and ZTE launched a world-class customer support and training center in China, designed to educate and certify ZTE engineers on 724 Solutions' X-treme Mobility Suite. 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 North America, Switzerland and Germany with headquarters in Toronto, Canada. For more information, visit www.724.com. |
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