Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Axesstel Announces New COO and Establishes Executive Management Team.


SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- Axesstel, Inc. (AMEX AMEX

See: American Stock Exchange
:AFT), a global leader in the design and development of fixed wireless voice and broadband data products, today announced the addition of Clark Hickock as 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.
 effective upon his full-time employment as of May 23, 2005. Mr. Hickock brings over 20 years of operations, supply chain management, telecommunications and defense industry experience to Axesstel. Additionally, Axesstel announced the establishment of an executive management team.

Prior to joining Axesstel, Mr. Hickock was executive vice president (EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
) of 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.  for Cherokee International Corporation, responsible for operations and supply chain management in the U.S., Mexico, China and Europe. Prior to that he served as EVP of global operations for REMEC, Inc., where he managed an international team of over 4,000 in the manufacturing services business unit, new product introduction and supply chain. While at REMEC he also led a major corporate restructuring by consolidating 22 manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations.  into a unified global supply chain of three low cost offshore manufacturing facilities. Prior to REMEC, Mr. Hickock was director of materials of E-systems Inc., an aerospace and defense division of Raytheon Company, where he managed the material and subcontract sub·con·tract  
n.
A contract that assigns some of the obligations of a prior contract to another party.

intr. & tr.v. sub·con·tract·ed, sub·con·tract·ing, sub·con·tracts
 department.

Mr. Hickock will primarily be responsible for all areas of operations, including the management of current and new global contract manufacturing, supply chain, procurement, quality control and product cost reduction. He will also provide direction on new product introductions and product transfer procedures Transfer Procedures

The procedure by which ownership of a stock moves from one party to another. The transfer agent follows a detailed, documented series of steps governed by the SEC to ensure that a transaction has been completed.
.

Axesstel also announced today the formation of a new executive management team that will include Mike H.P. Kwon as chairman and chief executive officer, David Morash as president and chief financial officer, Lixin Cheng as executive vice president and president of the fixed wireless group, and Clark Hickock as chief operating officer. The addition of Mr. Hickock paves the way for executive team members to focus each of their efforts on their respective areas of responsibility. Mr. Kwon will focus on the strategic direction of Axesstel. Mr. Morash, who previously managed operations, will now be able to dedicate his efforts to finance and duties as president. Mr. Cheng will concentrate on sales and marketing, expanding the addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be  market, and research and development.

"We are pleased to welcome Clark to Axesstel and look forward to the benefit of his strong expertise in global operations and supply chain management," said Mike H.P. Kwon, chairman and chief executive officer of Axesstel. "The addition of Clark and the formation of the executive management team enable us to focus on achieving profitability, sustaining growth and expanding our addressable market globally."

"I am delighted to join Axesstel and look forward to making an impact by developing and implementing strategies to streamline operations and diversify the supply chain to positively affect our production capability and bottom line profitability," said Mr. Hickock.

About Axesstel, Inc.

Axesstel is a global leader in the design and development of fixed wireless voice and broadband data products. Axesstel's product portfolio includes fixed wireless desktop phones, payphones, voice/data terminals and broadband modems for access to voice calling and high-speed data services. Axesstel delivers innovative fixed wireless solutions, currently based on 3G Code Division Multiple Access (CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. ) technology, to leading telecommunications operators and distributors worldwide. Headquartered in San Diego, Calif., with a research and development center in Seoul, South Korea, Axesstel is listed on AMEX:AFT. For more information on Axesstel, visit www.axesstel.com.

(C) 2005 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc.

"Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" Statement under 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: With the exception of historical information, the statements set forth above include forward-looking statements relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 production capability and profitability which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include, but are not limited to, the possibility of changes to the unforeseen manufacturing and supply chain difficulties, the risks of primary dependence on one large customer and the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as the rapidly changing nature of technology, evolving industry standards, and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; Axesstel's need to gain market acceptance for its products; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on its sole manufacturer.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:May 3, 2005
Words:749
Previous Article:PJM Environmental Information Services Selects APX Platform for Environmental Registry Services.
Next Article:United: Returns 100,000,000 Shares to Treasury.
Topics:



Related Articles
Axesstel COO David Morash Appointed President.
Axesstel Announces Executive Roster Changes.
Company Profile for Axesstel, Inc.
Axesstel Adds Senior Wireless Executive to Its Board of Directors.
Axesstel Opens China Representative Office; Axesstel Establishes a Base in the World's Largest Wireless Market.
Axesstel Announces Conference Call to Discuss First Quarter 2005 Results.
Axesstel Builds on Marketing.
Axesstel Congratulates Tata on ``Best Service in Emerging Markets'' Award.
Axesstel Appoints Murray Kawchuk as Senior Vice President of Sales and Corporate Marketing.
Axesstel Expands Reach in Eastern Europe with Purchase Order from Mobilkom in Czech Republic.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles