Amplidyne Inc. Appoints President and Chief Operating Officer.Business Editors RARITAN, N.J.--(BUSINESS WIRE)--Sept. 19, 2001 Amplidyne am·pli·dyne n. A rotating magnetic amplifier with specialized windings that allow small changes in power input to produce large changes in power output. [Originally a trademark.] , Inc. (Nasdaq: AMPD AMPD Alisveris Merkezleri ve Perakendeciler Dernegi (Turkish Council of Shopping Centers and Retailers) AMPD Adenosine Monophosphate Deaminase AMPD Average Miles Driven Per Day AMPD Atomic and Molecular Physics Division ) a manufacturer of ultra-linear amplifiers and fixed wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 products announced today that it has named Michael Lawrence, a 30-year veteran in the international telecommunications industry, as its 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. . Mr. Lawrence has held executive leadership positions with Intercontinental Telecom Corp., Alcatel, Lucent Technologies and AT&T. He will be responsible for Amplidyne's domestic and global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . "Mike is the executive we've been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. to lead Amplidyne's expansion into global markets. His recent experience in Brazil where he built a nation-wide wireless networking See wireless network. business and his international business development experience in fourteen countries will add depth to our leadership and international focus. Adding Mike to our team marks the successful completion of our search for the executive that will take Amplidyne to the next level," said Devendar Bains, Chairman and 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. of Amplidyne. "I am very pleased to be joining Amplidyne and its team of energetic and talented people. Amplidyne has excellent products for the high speed wireless internet access and the amplifier marketplace and is especially well positioned for success in the international markets where poor infrastructure is common," said Lawrence. "The Board has done an exceptional job over the last year recruiting top professionals in sales, marketing and development solidifying the base for the next exciting growth stage." More information on Amplidyne, Inc. can be found at: Website: http://www.amplidyneinc.com http://www.ampwave.com Certain information contained in the press release is forward-looking. Actual results might differ materially from the forward-looking statements contained in the press release. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks involved in the successful expansion by the Company into the wireless industry including the international markets, the success of the strategic relationship and agreement with ISP's, the expansion of business with sales made by ISP's, starting new product lines, the ability to enter into strategic relationships and joint-venture partnerships, competition, managing expansion, modifications to specifications requested by customers, fluctuations in purchase orders, or customers' failure to meet their forecasted usage, requirements for new product developments and product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , risks involved in sales outside of the United States(such as recessionary environments, longer collection periods, trade barriers, regulatory requirements, currency fluctuations), and other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with Securities and Exchange Commission. |
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