AccessKey IP, Inc. Appoints Rich Lauer as President.ALBUQUERQUE, N.M. -- AccessKey IP, Inc., (Pink Sheets:AKYI) the developer, designer and producer of advanced entertainment and communication devices, announced today that Rich Lauer has been appointed to the position of President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. George Stevens Noun 1. George Stevens - United States filmmaker (1905-1975) Stevens , 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. and Chairman of AccessKey IP, "Rich brings tremendous depth and background to this position. His previous senior executive experience in public and private technology firms has already benefited AccessKey IP. In the few months since joining our firm, he has been responsible for reshaping our strategic direction, from both a corporate and technology standpoint. He has also established a number of major customer and partner relationships which we believe will begin producing significant revenue later this year. I am very pleased to announce this expansion of Rich's duties with our firm." "I'm very excited about the future of AccessKey IP," stated Lauer. He continued, "The IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. field is massive and rapidly expanding on a worldwide basis. We are increasingly well-positioned to emerge as a significant IPTV player in the U.S. and internationally. I'm gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. by the confidence George Stevens and the AccessKey IP Board have placed in me, and look forward to substantial success in the months to come." About AccessKey IP, Inc. AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications Transmitting text, voice and video in binary form. See communications. , entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD See video-on-demand. VoD - video on demand ) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKeyIP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. FOR INVESTOR INQUIRIES: Please visit the Company's website www.accesskeyip.com, or contact: Bruce Palmer, 310-734-4254, ext. 105. |
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