Applied Voice Technology announces organizational changes.KIRKLAND Kirkland, city (1990 pop. 40,052), King co., W Wash., a suburb of Seattle on Lake Washington; inc. 1905. The city produces semiconductors, transformers, prefabricated metal buildings, heating and navigation equipment, computer peripherals, motor vehicles, apparel, , Wash.--(BUSINESS WIRE)--Jan. 6, 1997-- Office of the president enhances company's ongoing growth strategy Applied Voice Technology Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AVTC AVTC Antivirus Test Center (informatics, University of Hamburg) AVTC Automatic Vehicular Traffic Control ), today announced several organizational changes. Included in the changes are the accounced retirement of AVT AVT avian arginine vasotocin. See vasotocin. co-founder Dennis King For the English actor and singer, see Dennis King (actor). William Dennis King (born 1941) is an American investigative journalist who currently focuses on web-based advocacy journalism. and the creation of a new "Office of the President." Dennis King, AVT co-founder and executive vice president of market development, will be retiring from Applied Voice Technology as a full time officer and director but will continue his involvement with the company as an industry consultant and advisor. King was one of the four original founders of Applied Voice Technology in 1982. Over the past six years, he has had primary responsibility for advising the AVT management team of industry trends and acting as a liaison to industry organizations. He will continue to advise the management and the Board of Directors as a consultant to the company. King's other responsibilities will be assumed by Joe Staples staples U-shaped stainless steel or vitallium units with sharp points used for surgical fixation. epiphyseal staples used to staple epiphysis to metaphysis; have metal bracing at the corners. , AVT's senior vice president of world wide marketing, and Greg GREG Great Egg Harbor National Scenic and Recreational River (US National Park Service) Blanpied, AVT's chief technology officer. King's position on the Board of Directors will be filled with a new outside director, yet to be named. Commenting on today's announcement, Richard J. LaPorte, AVT chairman and chief executive officer said: "Dennis King has devoted all of his attention to AVT since co-founding the company almost 15 years ago. His contribution to the success and strong growth of AVT has been tremendous. Dennis has wanted to spend more time with his family and pursue other outside activities. As a consultant to management, he will continue to inspire us with his vision and knowledge of our industry." The company also announced two promotions. Roger Fukai has been promoted to executive vice president and chief financial officer from senior vice president. Fukai has been with AVT since 1988 and has been CFO See Chief Financial Officer. since 1991. Blanpied has been promoted to executive vice president and chief technology officer from senior vice president of engineering and operations. Blanpied has been with AVT since 1991 and has had primary responsibility for all software and hardware engineering, operations and technical services functions in the company. Additionally, in a change designed to effectively deal with the company's ongoing strategy to grow through market-driven product development and acquisitions, Fukai, Blanpied and LaPorte, will make up a new "Office of the President" with oversight
Oversight may refer to:
In addition, the members of the Office of the President will be actively involved in evaluating new business opportunities, including outside acquisitions. Strategic acquisitions have helped AVT post revenue growth of 37 percent through the first nine months of 1996 and to increase the percentage of revenue contributed by high-margin, high-growth computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration applications, to a record 49 percent. Regarding the promotions, LaPorte added: "Both Roger Fukai and Greg Blanpied have been major contributors to our executive team for the past five years. As the two most senior of our executive staff in terms of tenure at AVT, they have had primary responsibility for many areas of the company's operation. "Both have been active over the past couple of years in helping to set overall company direction and in evaluating and consummating acquisitions such as RightFAX and Telecom Technologies. Their promotions, and the formation of the Office of the President, improve AVT's overall ability to effectively deal with the demands of a high-growth, dynamic business." Applied Voice Technology, headquartered in Kirkland, develops, markets and supports a broad line of computer telephony software and systems sold worldwide through affiliated dealers and distributors. AVT has offices in the United Kingdom, Germany, Canada, Dubai and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . In addition, AVT has a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , RightFAX Inc., based in Tucson, Ariz. Founded in 1982, AVT is publicly traded under the symbol "AVTC" on the NASDAQ National Market. AVT maintains a presence on the World Wide Web at: www.appliedvoice.com . -0- Note to Editors: News releases are available from AVT's Newsroom fax server. Call 206/820-4089 and follow the prompts. This is document number 77056. News releases can also be found on AVT's World Wide Web site at www.appliedvoice.com . CONTACT: Applied Voice Technology Michelle Taylor, 206/820-6000, ext. 3399 e-mail: mtaylor@apliedvoice.com |
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