CIDCO Inc. names Daniel Eilers president and chief executive officer; strengthening leadership for future growth.MORGAN HILL, Calif.--(BUSINESS WIRE)--March 19, 1997--CIDCO 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 :CDCO CDCO Curriculum Design, Content and Organization CDCO Classified Document Control Office ) has named Daniel L. Eilers, 41, as 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. . Eilers' strong background in high-tech strategic marketing and management will help CIDCO CIDCO City and Industrial Development Corporation (Mumbai, India) achieve a position of dominance in smart phone devices. "We are pleased to have attracted someone of Dan's talents and industry reputation and believe that this is a testament to the strong growth opportunity at CIDCO," commented Paul Locklin, CIDCO's former president who has been promoted to co-chairman of its board of directors. "We see this appointment as an opportunity to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the current strong demand for our telephony products. Dan has extensive experience in building innovative technology companies and has proven leadership expertise in forming strong strategic alliances and customer relationships." Robert L. Diamond, co-chairman of the board, added, "I am enthused that Dan will be leading the CIDCO team. Dan has the vision and industry track record to lead CIDCO toward the opportunities that are arising from the convergence of telecommunications and the Internet." Eilers brings more than 15 years of experience in the personal computer and software industries, including more than 10 years as one of the top executives at Apple Computer Inc. in the 1980s. At Apple, Eilers held such positions as senior vice president of Worldwide Marketing and Customer Solutions and vice president of Strategy & Corporate Development. He started and led Apple's strategic investment and venture capital activities, which resulted in the creation and building of more than 30 high technology ventures. As president and CEO of Claris Corp., Eilers led the company for four years as it grew from $85 million to $170 million in revenue, while greatly improving the subsidiary's profitability. Most recently, Eilers served as president and CEO of NAT (Network Address Translation) An IETF standard that allows an organization to present itself to the Internet with far fewer IP addresses than there are nodes on its internal network. Systems International Inc., a privately-held enterprise software company. This position was an outgrowth of his role as CEO in Residence at Kleiner, Perkins, Caufield and Byers, a leading venture capital firm. Eilers received a bachelor's degree in economics from the University of Washington and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . Eilers added, "I am excited about the opportunity of leading CIDCO as we continue to build on the strong relationships that the company has developed with its telephone companies and expand on CIDCO's dominant position in the Caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party. market. Going forward, we will also focus on the sizeable growth opportunities that are arising with the convergence of telecommunications products, the Internet and electronic commerce. I look forward to the challenges and opportunities of leading CIDCO into this new arena." CIDCO also announced today that Eilers has been appointed to the board of directors, increasing the number of board members to six. Additionally, Locklin and Diamond, co-founders of the company, will serve as co-chairman of the board of directors. CIDCO, with headquarters in Morgan Hill, is the world's leading producer of subscriber terminal equipment that supports intelligent network services being offered by telephone operating companies  This article has too many unnecessary external links.Please help Wikipedia by organising, removing or transferring them to other articles. Additionally, the company's iPhone, a smart-phone enabling Internet access, was introduced at the 1997 Consumer Electronics Show. These products are provided to telephone subscribers through a variety of channels which include distribution arrangements with more than 100 telephone companies worldwide and through retail sales at more than 20,000 store fronts located throughout North America. CONTACT: Peter Van Rossum 714/260-4765 pvanrossum.cdb@mcimail.com or Renee Aguilar 408/776-2122 renee.aguilar@cidco.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion