ART Appoints Mr. Eran Aharonson as the New CEO.Business Editors ATLANTA--(BUSINESS WIRE)--May 14, 2003 ART Advanced Recognition Technologies, Inc., a global leader in natural User interface technologies for the mobile world, announced that as of May 5, 2003 Mr. Eran Aharonson was appointed as the new company 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. . Mr. Aharonson has held various positions at ART over the last eleven years. Aharonson served as the company VP R&D, VP Business Development, COO and for the last few years as the company President. He will be replacing Dr. Meir Burstin, a founder of ART who served as its CEO and Chairman until now. "Through Eran's leadership over the last three years, ART has grown to dominate the nascent embedded recognition market," said Dr. Burstin. "I believe that he will continue to do a tremendous job along with the ART management team. The Company has shown outstanding performance and is poised to lead a huge market." Dr. Meir Burstin is retiring from ART after founding the Company in 1990 and leading it as CEO and Chairman since. He will stay as director of ART. More About ART Advanced Recognition Technologies, Inc. Established in 1990, ART is the acknowledged market leader in embedded speech and handwriting recognition software for mass-market mobile devices. With a decade of award-winning innovation behind it, ART develops and markets technologically superior solutions for the control and command of mobile devices through the human voice and natural handwriting. The Company's proprietary technologies provide next-generation user interface solutions for cellular handsets, smartphones, mobile communicators, PDAs and handhelds, and automotive systems. Today, embedded software-only solutions from ART are deployed in dozens of product lines from industry leaders such as Panasonic, Xelibri by Siemens, LGE LGE LG Electronics LGE Local Government Employers (UK) LGE Laser Guided Energy LGE Louisville Gas & Electric LGE Loop or Ground-start, Exchange (Newbridge) , Mitsubishi, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Logitech, GVC GVC Grand View College (Des Moines, IA) GVC Gruppo Volontariato Civile GVC Global Value Chain GVC Gastrovascular Cavity GVC Global Visibility Capability GVC Goddard Voice Control , AlphaCell, RAKS, Quanta, Compal, Inventec, Acer, Casio, Maxon, Siemens Automotive, Franklin, and PaceBlade. ART has strategic and technological partnerships with numerous industry leaders, including Texas Instruments, Motorola Semiconductors, Intel, Qualcomm CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. Technologies, Agere Systems, Analog Devices, DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive Group, ParthusCeva, Microsoft, UIQ UIQ User Interface IQ (smartphones) , Symbian, TTPCom, SVOX, Phone-Or, Persay, e-SIM, OTM OTM See: Out of the money. Technologies, Pegasus, and others. Based in the United States with sales offices on the East and West Coasts, ART maintains a wholly owned Israeli subsidiary that conducts research and development. Additional information about ART is available at: http://www.artcomp.com. |
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