AMNEX appoints additional board members.NEW YORK--(BUSINESS WIRE)--Oct. 25, 1995--AMNEX Inc. (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 SYMBOL: AMXI) today announced the appointment of Vincent Tese and Russell Burbank as directors, increasing the size of the company's board of directors to five. Tese, a lawyer, investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and and cable television executive, served New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State by appointment of Governor Mario M. Cuomo from the outset of the Cuomo Administration through December 1994. He served as State Superintendent of Banks, chairman and chief executive officer of the Urban Development Corp., Director of Economic Development for New York State, chairman of both the Science & Technology Foundation and the Job Development Authority and vice chairman of the Port Authority of New York and New Jersey Port Authority of New York and New Jersey, self-sustaining public corporation established in 1921 by the states of New York and New Jersey to administer the activities of the New York–New Jersey port area, which has a waterfront of c. . Additionally, Tese co-founded and was chairman of Cross Country Wireless TV, a wireless cable concern recently acquired by Pacific Telesis
Pacific Telesis Group was one of the seven Regional Bell Operating Companies created after the 1984 breakup of AT&T as a holding company for Pacific Bell and Nevada Bell. . Tese serves on the board of directors of the Bear Stearns Companies Inc., an investment bank and brokerage concern. Russell Burbank is currently chairman and chief executive officer of Purus Inc., a publicly traded pollution control company. Burbank joined Purus in November of 1994 as a turnaround specialist. Prior to joining Purus, Burbank was president of Siva International, a company involved in the production of hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. and recycling equipment. Burbank was also president of Applied Dielectrics, a manufacturer of high frequency circuits for the telecommunications industry. After Burbank's restructuring, both Siva and Applied were acquired in 1992 and 1994 respectively. Commenting on the appointments, AMNEX's chairman Kenneth G. Baritz stated, "Vincent Tese's wealth of experience working at the highest levels of State Government and his successful career leading a wireless cable concern combined with Russell Burbank's analytical and management abilities will add new depth to our board. I am delighted to welcome both Mr. Tese and Mr. Burbank to our board and I am excited about our future." AMNEX Inc. is a provider of enhanced telecommunications products and services including direct dial and operator assisted long distance calling, full service network management, value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. information services See Information Systems. and enhanced wireless information delivery. The AMNEX network provides an "open" architecture that is extremely flexible and robust allowing AMNEX to offer a total telecommunications solution to a growing number of sophisticated telecommunications consumers. CONTACT: AMNEX Inc. Kenneth G. Baritz, 212/867-0166 |
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