Burke leads management buyout of CMS Enhancements; Leading computer storage provider reclaims independence.COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.--(BUSINESS WIRE)--June 11, 1997--CMS Enhancements Inc., a leading supplier of mass storage solutions, has been purchased from AmeriQuest Technologies. In a separate announcement made yesterday, AmeriQuest stated it will sell the assets of its CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. subsidiary to CMS General Manager Kenneth Burke Kenneth Duva Burke (May 5 1897 – November 19 1993) was a major American literary theorist and philosopher. Burke's primary interests were in rhetoric and aesthetics. Early life . Burke will assume control of the company and will serve as president. CMS was originally founded in 1983 as a provider of computer system hard drives and peripherals. In 1993, the company changed its name to AmeriQuest Technologies and concentrated its business on computer product distribution. The company retained the CMS product line and CMS Enhancements functioned as a subsidiary. Burke was named general manager in 1995. While operating as a subsidiary, CMS retained its identity as a leader in the mass storage industry. Under Burke's direction, CMS has emerged as the industry's leading provider of notebook storage products including notebook hard drive upgrades, as well as network CD-ROM tower See CD-ROM server. servers. Over three million CMS storage solutions are installed in 61 countries around the globe at government organizations, universities and companies such as American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Coca Cola Noun 1. Coca Cola - Coca Cola is a trademarked cola Coke cola, dope - carbonated drink flavored with extract from kola nuts (`dope' is a southernism in the United States) , Clorox, Ford Motors, Johnson & Johnson, Marriott, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of General Hospital, Shell Oil and Texaco. "CMS has come so far and I'm fortunate to be in a position to take it to the next level," said Burke. "Over the past three years, we've operated with complete autonomy and control over our market and product direction. The buyout will allow us to fully develop and expand our resources, poising the company for even greater success." He added, "CMS will continue to be run with a clear and distinct market vision, concentrating in our two main product areas: notebook storage and network storage. "We're committed to delivering innovative and comprehensive mobile computing and network mass storage solutions to our customers." A veteran of over 25 years in the storage peripheral industry, Burke previously served 14 years with Mountain Computer Inc. in various senior executive positions. Prior to Mountain, Burke managed the development of the 5.25-inch floppy disk for Verbatim Inc. and was instrumental in implementing Verbatim's production facility in Ireland. He has also served as engineering manager for Illumination Industries. CONTACT: Lages & Associates Paula Bordigon, 714/453-8080 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion