Astound Incorporated Names Howard Sutton to Board of Directors; High-Tech Veteran Brings Years of Investment Counseling, Engineering and Marketing Experience to the High-End Multimedia Company.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Oct. 28, 1996--Astound Incorporated, formerly a division of Gold Disk, today announced the appointment of Howard G. Sutton, 36, to its Board of Directors. This appointment is consistent with Astound's goal to diversify and strengthen its executive leadership and expertise in technology and business. Astound a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, is a developer of business multimedia and web application software. Flagship products include Astound 4.0 and WebMotion. "Howard Sutton is a well-respected leader in the technology and business arena throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . We look forward to his strategic thinking and financial expertise as Astound moves toward the 21st century," Kailash Ambwani, president and chief executive officer of Astound, said. Sutton currently is a partner at Tera Capital Corporation, a Toronto-based firm specializing in high technology and biotechnology investing. Before co-founding Tera Capital, Sutton was Vice President at Goodman & Company and has nearly 15 years experience in high-tech engineering, marketing and business management. Sutton received a master's of business administration from the University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, and a bachelor's in applied science from Queens University. Sutton also is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. . He sits on the boards of MPACT MPACT Mississippi Prepaid Affordable College Tuition Plan IMMEDIA, an electronic commerce company, and Provenance prov·e·nance n. 1. Place of origin; derivation. 2. Proof of authenticity or of past ownership. Used of art works and antiques. Systems, a company specializing in electronic records management. "I look forward to sharing my experience in the technology industry to help Astound leverage its well-known technology and product name," Sutton said. "Astound has definitely positioned itself to become the market leader in business multimedia software." Founded in 1996 and formerly a division of Gold Disk, Astound Incorporated is headquartered in Palo Alto, Calif. and maintains research and development operations in Toronto. Astound is a leading developer, publisher and distributor of easy-to-use software applications for creating multimedia-rich content for presentations, reports and Web content. For more information, contact Astound at 415/845-6200 or contact its website at http://www.astound.com. CONTACT: Astound Incorporated Laurie Borgen, 415/845-6200 ext. 108 laurieb@astound.com or Miller/Shandwick Technologies Stacy Libby, 415/962-9550 slibby@miller.shandwick.com |
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