Air Media Now! Announces New Management Team.Business Editors/Technology Writers ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 20, 2002 The Board of Directors appoints J. Keith Money as 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 President and Peter Friedman as Senior Vice-President of Technology and Operations Air Media Now! (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :AMNW), a leading integrator and distributor of wireless broadband Internet services and products, announced today the appointment of J. Keith Money as CEO and President and Peter Friedman as Senior Vice-President of Technology and Operations The selections form the basis of a new management team. Mr. Money replaces former CEO Sean M. O'Brien and former President Joseph Sineno Jr., both whom resigned their positions on August 29th. Prior to joining the Air Media Now! Team, Mr. Money was a Managing Partner in the MTM MTM Medication Therapy Management MTM Minutes to Midnight (Linkin Park album) MTM Mary Tyler Moore (actress) MTM Made to Measure MTM Motoren-Technik-Mayer MTM Methods Time Measurement Consulting Group. Mr. Money was also Co-Founder and Chief Marketing Officer of Syndeos Group. Mr. Money served as Chief Marketing Officer of World Commerce Online (WCO WCO World Customs Organization WCO World Customs Organisation (Brussels, Belgium) WCO West Coast Offense (football) WCO Wine Council of Ontario (St. ) from September 1998 until August 2001. Additionally, in July of 1999 he established WCO's Europe, Middle East and African operations (EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. ). Opening offices in The Netherlands, France, Israel and Kenya, he served the company as COO of EMEA until May 2001. Prior to joining WCO, Mr. Money was Vice President of Sales and Marketing 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. of Roundabout Logic, Inc. Mr. Money also has held positions of significance with Galacticomm, Inc., NEC/Packard-Bell, GeoWorks, MasterClip Graphics and Software Publishing Corporation (company) Software Publishing Corporation - (SPC) The company that produces Harvard Graphics. http://spco.com/. . Mr. Money received a bachelor's degree in Philosophy from Wingate University and received a scholarship for Masters Studies at the University of Chicago. Mr. Friedman was founder and Managing Principal of ITFreedom Group and MTM Consulting. Prior to joining the Group, Mr. Friedman was Vice-President of MIS for World Commerce Online's global operations. While at WCO, Mr. Friedman managed a network infrastructure that supported customers on four continents, with data centers in Florida, California, Pennsylvania, The Netherlands and Germany. Prior to that, he was President of United Network Consultants from 1990 to 1999, a full service infrastructure construction and consulting company with over 100 employees. Prior to founding and running United Network Consultants, Mr. Friedman has held executive managerial positions with Time Warner, Commonwealth, Cable and Telephone and ACC See adaptive cruise control. , which was part of a Joint Venture to construct one of the first private voice and data systems in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . He also designed and constructed one of Europe's first hybrid data and RF network around Stockholm, Sweden. Air Media Now! is the developer of Early Alert Safety Technology (EAST) Freedom Zones(TM); an EAST Freedom Zone is a network of intelligent displays connected to the Internet by a patented wireless network technology. Every display is capable of 2-way communication via the Internet and GSM/GPRS cellular technology. Any display on the Freedom Zone network will be able to broadcast Emergency Alert System (EAS (Electronic Article Surveillance) A security system for preventing theft in retail stores that uses disposable label tags or reusable hard tags attached to the merchandise. ) or AMBER Network information as well as additional detailed information that cannot easily be disseminated using existing EAS technology. The system will give local agencies the ability to broadcast not only information on missing children, but also breaking information concerning terrorist threats, weather warnings, disaster relief instructions or any other general public safety announcement. The messages can be in the form of typed text, animated computer generated graphics, streaming video or live broadcasts. Now! Zones(TM) are the commercial equivalent of the Freedom Zones. Unlike other 802.11 networks, Now! Zones will be accessible on the move, even from vehicles traveling at highway speeds. Thousands of subscribers will be able to access the Internet wirelessly, at speeds 5 times faster than from their office's T-1 or 10 times faster than their home's DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary or Cable modem. All Now! Zones will initially cover at least 2-5 square miles. Eventually, entire cities will be covered, as EAST Freedom Zones are rolled out. Subscribers to Now! Zones will also be able to purchase kits for wireless home networks to be seamlessly connected to EAST Freedom Zone information and Now! Zone content such as Voice over IP wireless telephone service, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. quality Video on Demand, Cable and Broadcast Television, and wireless broadband interactive gaming. Freedom Zones and Now! Zones are trademarks of Air Media Now!. Copyright 2002, all rights reserved. This release is intended as a forward-looking statement within the meaning of 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. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to provide technology in the future, (ii) Unexpected changes in the technology market, (iii) The success of the Company's expansion and sales and marketing strategies (iv) Competition within the Data Synchronization market (v) The ability of the Company to continue to finance its long-term strategy and expansion (vi) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs. |
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