Boca Research Announces Resignation of Chief Operating Officer.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)--Jan. 13, 1997--Boca Research, Inc. (Nasdaq:BOCI BOCI Bank of China International BOCI Buckner Orphan Care International ) today announced the resignation of its 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. , Lawrence F. Steffann. Mr. Steffann, 44, has resigned from the Company to pursue an entrepreneurial interest, the founding of a new venture fund. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mr. Steffann, the project will be an incubator for new technologies. The impulse to do this was precipitated by a business trip to Israel. He said, "I've always wanted to explore my true entrepreneurial spirit as well as help other entrepreneurs. This opportunity will allow me to do just that, and my extensive experience in all aspects of the technology industry will aid me in the success of this new endeavor." Commenting on the resignation, Tony Zalenski, President 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 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, said, "We wish Larry every success. During his seven years of tenure at Boca, Larry has made substantial contributions to the Company. Boca and Larry hope to have a continuing business relationship with access to new technologies as Larry pursues his new venture." The Company further announced that Mr. Steffann's responsibilities will be split between the other senior members of the Boca Research executive management team. CORPORATE INFORMATION Founded in 1985, Boca Research designs, manufactures, markets and supports quality, cost-effective data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , videoconferencing, multimedia and networking products to facilitate the transmission of information on personal computers and computer networks. The Company sells its products worldwide through distributors, original equipment manufacturers (OEMs), and retailers. 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 and ventures worldwide. -0- Note to Editors: For copies of recent press releases from Boca Research via fax, call 800/331-1323; for company information via the Internet, visit http://www.bocaresearch.com CONTACT: Boca Research, Inc. Gale Blackburn, Director of Corporate Communications 561/997-6227, ext. 305 http://www.bocaresearch.com galeb@bocaresearch.com -- AND -- Morgen-Walke Associates Inc. Michele Katz, Jessica Davis Press: Lee Foley 212/850-5600 |
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