Breece Hill Technologies Appoints New Chief Executive Officer; James G. Watson Promoted to CEO, After Management Restructuring by Breece Hill's Board of Directors.BOULDER, Colo.--(BUSINESS WIRE)--Sept. 17, 1998--Breece Hill Technologies today announced the promotion of James G. Watson to 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. from vice president of Strategic Programs and Business Development. In addition Watson was appointed to the board of directors at last week's special board meeting. Watson replaces Robert E. Martell, who was appointed as special advisor to the board of directors, and assumes Martell's board seat. Vernon Taylor III, Breece Hill's Chairman of the Board stated, "Jim joined Breece Hill in 1996 when we were a one product company with the Q7 and has been a key participant in the expansion of our product offerings to over eight separate models with over $35 million in annual revenues." "In addition he was instrumental negotiating Breece Hill's strategic distribution agreements that were established earlier this year with Wyle and Tech Data," added Taylor. Watson brings over twenty-five years of management experience with high technology companies to Breece Hill. He has held various management positions with the following industry leaders: - Control Data 1966 to 1971 -- Various operations positions - Storage Technology 1972 to 1979 -- Management positions in operations, sales and marketing - Quantum Corporation 1982 to 1987 -- VP of sales and marketing. During his tenure he was instrumental in growing revenue from $13 million to $121 million in four years. - Seagate Technology (company) Seagate Technology - A major manufacturer of hard disk drives, founded in 1979 as "Shugart Technology" by Alan F. Shugart and Finis Conner. That name is on the original patents for the 5.25" hard disk drive. 1987 to 1989 -- VP OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and sales Bob Martell joined Breece Hill in an advisory position in March of 1997, and was appointed President and CEO in August 1997 with the departure of co-founder and CEO Gary Allison. Taylor stated, "Bob significantly contributed to the expansion of Breece Hill's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and International Sales offices and diversifying our customer base, as well as the successful launch of our highly acclaimed ac·claim v. ac·claimed, ac·claim·ing, ac·claims v.tr. 1. To praise enthusiastically and often publicly; applaud. See Synonyms at praise. 2. Saguaro saguaro: see cactus. saguaro Large, candelabra-shaped, branched cactus (Cereus giganteus, or Carnegiea gigantea) native to Mexico, Arizona, and California. Slow-growing at first, mature saguaros may eventually reach 50 ft (15 m) in height. family." "This latest restructuring was done to bring expenses in line with our current revenue base from our distributors, resellers and OEMs," stated Watson. The company still anticipates for fiscal year 1998 over 40% growth in revenue from 1997's revenue of $28 million. "I appreciate the Board's full support as well as that of our employees, customers and vendors," added Watson. Breece Hill Technologies is a leading supplier of automated tape libraries used to backup, restore and archive information stored in networks, on servers, PCs and workstations, and on-line data storage subsystems The part of a computer system that provides the storage. It includes the controller and disk drives. See storage system. . The Company designs and markets a comprehensive range of products in the automated tape library industry, offering capacities from 300GBs to 15TBs, with 15 cartridges
Additional information can be found on the Internet at http://www.breecehill.com |
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