AcuPrint Announces Company Name Change and Executive Team.Business Editors CARLSBAD, Calif.--(BUSINESS WIRE)--March 5, 2002 AcuPrint Inc., a leading provider of secure solutions for cash management transactions, announced a company name change to AcuPrint Technology Inc. and the appointment of the executive team. "In evaluating our future opportunities, it quickly became apparent that the company name needed to reflect our complete suite of products and accommodate future product engineering. The decision to change the name to AcuPrint Technology preserves the 12 year established reputation of AcuPrint and provides a greater umbrella for future expansion," said Wally wally Noun pl -lies Brit slang a stupid or foolish person [from the name Walter] Noun 1. Papciak, president. "With the recent additions to our product suite of solutions for positive pay (SecurePay) and check signing (ezSigner), as well as custom applications and forthcoming releases, our offerings have developed well beyond the original check and form printing product (SecureCheck). The name needed to reflect this growth and future strategy." To further leverage the momentum and adoption of AcuPrint Technology's electronic cash management applications and continue building its alliances with the nation's leading banks, Papciak announced his executive team: "Anita Hill For other persons with this name, see . Anita Faye Hill (born July 30 1956) is a professor of social policy, law, and women's studies at Brandeis University at the Heller School for Social Policy and Management joins as chief financial officer. Her experience includes positions as vice president of finance for ZD Market Intelligence and vice president controller of COMPS Comps Another term for "same store sales," which helps investors determine how well a company's brand is doing and how the stores are increasing revenue. Notes: For example, you might hear that Wal-Mart's comps increased 9% last quarter. .COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. . Anita's expertise includes all aspects of financial reporting and management, including IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. related investor relations Investor relations The process by which the corporation communicates with its investors. , fund raising, M&A activity and human resource functions, making her a real asset. "Donovan Perkins is appointed senior vice president of business development. Donovan's responsibilities will include furthering the successful alliance agreements he has championed with the nation's principal banks and expands to include all of AcuPrint Technology's partners, consisting of the major software companies and leading VAR's and distributors. Donovan served as founder and president of United Systems Company, a successful data storage integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. . "Joe Briski becomes vice president of marketing and product development. Joe's outstanding career as an Olympic athlete and coach, film producer and entrepreneur, are reflective Refers to light hitting an opaque surface such as a printed page or mirror and bouncing back. See reflective media and reflective LCD. of his creativity and drive, which are key to our development of new product and branding initiatives. "Richard Love, our chief executive officer and chief technology officer, joins me in welcoming this outstanding executive team and operating under the AcuPrint Technology name, both essential components to our future growth strategy," commented Papciak. "With decades of combined experience in financial applications, software and technology, this team's experience and knowledge is exceptional. Our growth strategy is aggressive and I'm confident we have the people in place to accomplish the goals we've set forth," stated Richard Love. About AcuPrint Technology Headquartered in Carlsbad, Calif., AcuPrint Technology Inc., is a pioneer in MICR (Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data. laser check writing solutions holding several technology patents and is the leading provider of positive pay file creation and transmission software. Established in 1989, AcuPrint is a founding member of the elite Hewlett Packard ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. (Extended Solution Provider) group. For more information on the AcuPrint Technology solution suite, visit the company on the Web at www.acuprint.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion