Boundless Corporation Adds Outside Directors to Board.Business Editors HAUPPAUGE, NY--(BUSINESS WIRE)--July 16, 2001 Boundless Corporation (AMEX AMEX See: American Stock Exchange :BND BND In currencies, this is the abbreviation for the Brunei Dollar. 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. ) announced the expansion of its Board of Directors to six with the addition of two new outside directors. Mr. Jack Mr. Jack was a funny animals comic strip by Jimmy Swinnerton which ran from about 1903 until 1935. History When Jimmy Swinnerton moved from the San Francisco Examiner to the New York Journal in 1896, he changed his The Little Bears to Murphy and Mr. J. Frank Stephens have been elected to the Board, effective immediately. Mr. Murphy currently serves on the Board of APS Group, Inc. and was on the Board of American Physicians Service Group (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 :AMPH AMPH Amphiphysin AMPH Amphibious ), until October 1999, which specializes in management of physician groups, rehabilitation clinics and medical schools. Founding the Company in 1974, he served as Chairman 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. until 1993. In 1972, he was hired as Executive Vice President and COO of Scottish Inns of America, a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Under his leadership, the Company was restructured and reorganized and was subsequently merged in 1974. In 1954, he founded and was President of Affiliated Companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. of America, a specialty insurance and financial institution, and was named Insurance Executive of the Year in 1965. Since 1997, Mr. Stephens has been President of Sigma Capital Investments, a venture capital firm specializing in roll-ups and acquisition financing, and Chief Executive Officer of Quang Hop Soy Products. Prior to that, he was employed by Burns, Philip, an international flavors and spices concern as Director of Global Strategic Planning, and General Manager of North America. During his tenure, he was responsible for financing, reorganizing and consolidating a number of independent entities, which became the world's second largest spice company with sales of $600 Million. He was previously employed by Nabisco Brands as a Senior Marketing Manager. "We view the addition of these directors as an important milestone For Boundless Corporation, stated Gerald Combs, Chairman and Chief Executive Officer. " Their years of successful business experience and acumen, particularly in the areas of finance, acquisitions and consolidations, will play a major role in guiding Boundless Corporation through our transition period and beyond. The management and current Board members of Boundless share my enthusiasm and pride in welcoming Mr. Murphy and Mr. Stephens to their new position". About Boundless Corporation Boundless Corporation is a global technology company composed of two subsidiaries: the Boundless Technologies, Inc., a desk top display products company, and Boundless Manufacturing Services, Inc. Boundless Manufacturing Services (www.boundless.com/manufacturing) is an emerging EMS company providing build-to-order (BTO BTO British Trust for Ornithology BTO Business Technology Optimization BTO Bachman Turner Overdrive (band) BTO Business Transformation Outsourcing BTO Build-Transfer-Operate BTO Brutto (German: Gross [quantity]) ) manufacturing as well as complete end-to-end solutions from design through product end-of-life to its customers. For further information, contact: Tony Giovaniello @ 530-226-8390 Except for the historical statements contained herein, all statements made in this release are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and are subject to risks, uncertainties, and other factors that could cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among others, the impact of competition and changes to the competitive environment for the Company's products and services, changes in technology, reliance on strategic partners, uncertainty of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , changes in government regulation and other factors detailed, from time to time, in the Company's filings with the Securities and Exchange Commission. |
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