Boca Research Adds Philips Executive VP to its Board of Directors.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--May 3, 2000 Boca BOCA Building Officials and Code Administrators International, Inc. BOCA Bird Observers Club of Australia BOCA Business Object Component Architecture BOCA Borland Object Component Architecture (Borland) Research, Inc.(R)(Nasdaq:BOCI BOCI Bank of China International BOCI Buckner Orphan Care International ) today announced the appointment of Rob van Oostenbrugge to its board of directors. Mr. van Oostenbrugge is an executive vice president of Philips Consumer Electronics Philips Consumer Electronics is a part of Koninklijke Philips Electronics N.V. (usually known as Philips); and is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38. 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 Philips Digital Networks, a division of Philips. Robert W. Ferguson, chairman of the board and CEO of Boca Research, commented, "We are delighted that Rob is joining our board. He brings with him an impressive knowledge of the consumer electronics industry. This will be an invaluable source of information for our Company as we continue to transition into this new arena." This release contains forward-looking statements that reflect management's best judgement, based on factors currently known. However, these statements involve risks and uncertainties, including the ability of the Company to transition to a software and systems solutions-based enterprise, the rate of development of the information appliance See Internet appliance. (hardware) Information Appliance - (IA) A consumer device that performs only a few targeted tasks and is controlled by a simple touch-screen interface or push buttons on the device's enclosure. market generally, the successful development and market acceptance of new products and services, the degree of competition in the market for such products and services, competitive pricing practices, low barriers of entry into the software development and services markets into which the Company currently intends to transition, the product and channel mix, component costs, and manufacturing efficiencies of the sole manufacturer of the Company's products. Further, a significant portion of the Company's sales is derived from a limited number of customers, the loss of one or more of which could adversely impact operating results. These and other risks are detailed in Boca Research's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999, as well as in the Company's other periodic filings with the Securities and Exchange Commission (SEC). Such risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements included in this release. Boca Research Corporate Information Founded in 1985, Boca Research is transitioning to become a software and systems solutions-based enterprise enabling communications, as well as access to applications and information via the Internet or client server networking. Boca Research is a U.S. corporation headquartered in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and ventures worldwide. The Inprimis Technologies, Inc. subsidiary focuses on worldwide technology design services for Internet-based infotainment and entertainment appliances. The Boca Global, Inc. subsidiary is a supplier of computing enhancement products, including modems, I/O cards, and graphics. Boca Global's brands -- Boca Research and Global Village(R)-- address the demand for software, peripherals, and accessories for PCs and Mac(R) computers, as well as Internet appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. devices, for both home and business use. Boca Global's products are sold worldwide through original equipment manufacturers (OEMs), distributors, value-added resellers (VARs), and retailers. The AppsCom, Inc. subsidiary has been formed to consider the development of the applications rental market via a client/server-based network. Philips Corporate Information Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 31.5 billion in 1999. It is a global leader in color television sets, lighting, electric shavers, color picture tubes for televisions and monitors, and one-chip TV products. Its 226,900 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, medical systems, and IT services (Origin). Philips is quoted on the NYSE NYSE See: New York Stock Exchange (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.news.philips.com. ATTN Broadcasters: B-Roll on Philips is available from Bulletin International at 212/899-5450 or 415/252-7106. Notes to Editors: For copies of recent press releases from Boca Research via fax, call 800-331-1323. For product or company information via the Internet, visit our Web sites at http://www.bocaresearch.com, http://www.inprimis.com, and http://www.globalvillage.com. Boca Research Inc., Boca, and Global Village are registered trademarks, and Inprimis and AppsCom are trademarks of Boca Research, Inc. All other products and brand names are trademarks of their respective owners. |
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