Boca Research expands its board and names two new directors.BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 9, 1996--Boca Research 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 :BOCI BOCI Bank of China International BOCI Buckner Orphan Care International ) Friday named George Gan and Patrick J. Keenan to its board of directors, and increased its board size to seven members. In making the announcement, Tony Zalenski, Boca's president and chief executive officer, commented: "We are pleased to welcome George and Patrick to our board. Their appointments demonstrate our increasing emphasis on international business. George, a prominent Malaysian businessman, has a background in accounting, sales and marketing, as well as entrepreneurial expertise and experience in the high-tech industry. Patrick is a Canadian, a chartered accountant and has extensive board experience. They will complement each other, broaden our board's composition, and give our business a first-hand international perspective," he noted. In 1987, Gan, who lives in Kuala Lumpur and is a graduate of City University of London For most practical purposes, ranging from admission of students to negotiating funding from the government, the 19 constituent colleges are treated as individual universities. Within the university federation they are known as Recognised Bodies , cofounded a high-technology company, Hitechniaga, a personal computer and peripheral packager. The company was acquired by MBf, a $5 billion asset-based Asian conglomerate, in 1991 and Gan was later named a corporate officer and president of MBf Technology Group. In 1995, he was also named Corporate Director of Business Development for the MBf group of companies. During the third quarter of 1995, 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) signed a joint venture agreement with MBf Group to form MBf/Boca Asia Pacific Sdn Bhd, thereby accelerating its global expansion efforts. Keenan, who hails from Toronto, is a graduate of McGill University. Currently, he is chairman and chief executive officer of Keewhit Investments Ltd., an international investment holding company. Previously, he was 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 Patino, N.V., an international mining and smelting corporation with worldwide interests in metals, ores and chemicals. Presently, his directorships include Brascan Limited, Westmin Resources Limited, London Life Insurance Company London Life Insurance Company is a Canadian life insurance company best known for its "Freedom 55" slogan, evocative of saving money to an extent that would allow one to retire at age 55. , London Insurance Group Inc., The Trust Company of London Life, Hume Publishing Company Limited, Fairwater fair·wa·ter n. Nautical 1. A device used to fair the lines of an underwater fitting. 2. The bridge and conning tower on a submarine. Capital Corporation, Keywhit Inc., Scott's Hospitality Inc., and The Ireland Fund of Canada. He is a Patron of Grenville Christian College Grenville Christian College is a former Canadian private school located in the rural community of Maitland, several kilometres east of Brockville, Ontario, on the bank of the St. Lawrence River. , past chairman of St. Michael's Hospital, Toronto St. Michael's Hospital is a teaching hospital in Downtown Toronto. It offers tertiary and quaternary care for patients throughout Ontario. It is unique in many areas and offers services in cardiovascular surgery, neurosurgery, inner city health and therapeutic endoscopy , and a director of its foundation. Zalenski further noted: "Many companies purport to have an international program. At Boca, we have implemented a worldwide strategy through concrete actions such as opening international offices and hiring local managers to direct operations, localizing product, and entering into two international joint ventures and a joint technology exchange agreement. While these accomplishments accentuate our international presence, our board appointments for George and Patrick underscore and solidify our commitment to our global business strategy," he concluded. CORPORATE INFORMATION Boca Research (NASDAQ:BOCI), founded in 1985, is headquartered in Boca Raton, with international operations and ventures worldwide. The company designs, manufactures, markets and supports quality, cost-effective data communications, multimedia and networking products to facilitate the transmission of information on personal computers and computer networks. The company provides hardware products augmented with software for use in the corporate, consumer and small office/home office See SOHO. marketplaces. Boca's current board-level enhancement and networking product categories include data communications (fax/data/voice modems); multimedia (video, telephony, sound, voice and data); networking; video graphics; and input/output (I/O (Input/Output) The transfer of data between the CPU and a peripheral device. Every transfer is an output from one device and an input to another. See PC input/output. I/O - Input/Output ), IDE and multiport products. The company sells its products worldwide through distributors, original equipment manufacturers (OEMs), and retailers. -0- NOTE TO EDITORS: In the World Wide Web address noted in this news release, there is a double slash between http: and www.boca.org and in the Internet/email address noted, there is an "at" symbol between galeb and boca.org. These symbols may not appear properly in some systems. CONTACT: Boca Research Inc., Boca Raton Gale Blackburn Investor Relations Manager 407/997-8621 ext. 305 voice http://www.boca.org galeb@boca.org |
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