Bradley Rowe Reassumes Role of PUMATECH President.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--June 2, 2000 PUMATECH, 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 :PUMA), the leading provider of the essential software infrastructure for the ubiquitous mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. , today announced that 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. and co-founder Bradley A. Rowe has reassumed the role of Company president, effective immediately. Going forward, Rowe, 40, will serve as PUMATECH's president and CEO, while also remaining a member of the Company's Board of Directors. Rowe was PUMATECH's president and CEO for more than six years, from the Company's founding to February 2000. Former PUMATECH President and COO Stephen A. Meyer is leaving the Company to pursue other business opportunities. "PUMATECH is embarking on the most exciting phase in the Company's history," said Rowe. "I'm thrilled about playing an even larger operational role in making PUMATECH the leading provider of `anytime, anywhere' information to the mobile community. At the same time, I'd like to thank Stephen Meyer for his many contributions to helping PUMATECH reach its business goals over the past several months. I wish him the best of luck in his new endeavors." ABOUT PUMATECH - The Anywhere Internet(TM) PUMATECH is the leading provider of the essential software infrastructure for the ubiquitous mobile Internet. The Company owns market-leading technology in synchronization (1) See synchronous and synchronous transmission. (2) Ensuring that two sets of data are always the same. See data synchronization. (3) Keeping time-of-day clocks in two devices set to the same time. See NTP. , personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. , notification and Web-rendering services - all essential building blocks to making wireless devices useful tools in the world of e-business. PUMATECH's recently acquired NetMind(TM) technology delivers highly personalized, relevant Internet content to more than seven million active users. In addition, the Company's Intellisync(R) platform is the de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. global standard for synchronization and control of the critical connection between handheld devices and mobile phones and the vast stores of information found in corporate databases, the Internet and individual PCs. The Intellisync platform enables mobile access to accurate, "anytime, anywhere" information and has been adopted worldwide by individuals, corporations, mobile device manufacturers, telecommunication carriers, and on-line contact, calendar and event services. The Company, headquartered in San Jose, CA, maintains a Web site at www.pumatech.com. The statements contained in this press release regarding the Company's future performance contain projections or other forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . PUMATECH wishes to caution you that these statements are only predictions and that actual events or results may differ materially. We refer you to the documents PUMATECH files from time to time with the Securities and Exchange Commission, specifically its most recent 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. and Form 10-Q Form 10-Q See 10-Q. . These documents contain and identify important factors that could cause actual results to differ materially from those contained in projections or forward-looking statements found in this press release, including, among other things, potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, risks associated with the Internet, volatility of stock price, financial risk management, and future growth subject to risks. PUMATECH does not undertake any obligation to publicly release the result of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date such forward-looking statements were first placed in this press release or to reflect the occurrence of unanticipated events. Note to Editors: PUMATECH, the PUMATECH logo, Intellisync, and The Anywhere Internet are trademarks of Puma Technology, Inc., d/b/a PUMATECH, Inc., that may be registered in some jurisdictions. NetMind and Mind-it are trademarks of NetMind Technologies, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Puma Technology, Inc., d/b/a PUMATECH, Inc. All other product or company names are trademarks of their respective owners. |
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