COMTEX Welcomes Internet Expert as CTO; New Chief Technology Officer to Add Dot Com Technology to COMTEX' Proprietary News Delivery System.Business Editors/Hi-Tech Writers ALEXANDRIA, Va.--(BUSINESS WIRE)--Feb. 10, 2000 COMTEX News Network, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CMTX CMTX Charcot-Marie-Tooth Disease, X-Linked ) today announced the appointment of Don Hutcheson as Chief Technology Officer (CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. ). Formerly Chief Architect at SAIC SAIC - http://saic.com. , Mr. Hutcheson is an expert on complex web sites, advanced scaleable architectures and best practices in electronic commerce. Mr. Hutcheson's client list included NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). , the US Mint, First Data and Johnson &Johnson. He was part of the NetDynamics' Application Server technical team prior to its purchase by Sun Microsystems (Nasdaq: SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ). Mr. Hutcheson held many key positions with database management company XDB XDB Lille, France (Airport Code) XDB Extended Database XDB Extended Debugger XDB Xml Data Base XDB Extended Data Base XDB External Data Base XDB Execute Disable Bit XDB Extra Dynamic Bass Systems, now part of Merant (Nasdaq: MRNT), helping XDB grow sales to $20 million in five years. Mr. Hutcheson is widely regarded as an information industry pioneer. In 1982, well ahead of the Internet, Mr. Hutcheson pioneered one of the first electronic commerce portals: &uot;The Electronic Registrar&uot; aggregating and selling courses, videotapes and audiotapes from Universities, Associations and training companies across the US. Mr. Hutcheson is a patent holder, a frequent speaker at ecommerce trade and industry groups and a contributing editor with Enterprise Development Magazine (http://www.enterprisedev.com, a Fawcette Publication). He is a member of the Association of Internet Professionals (AIP AIP acute intermittent porphyria. AIP Acute intermittent porphyria ) and the Association for Financial Professionals (AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. ). &uot;I am here to keep COMTEX' content aggregation engines running smoothly and add at a minimum a few twists to keep the competitors running,&uot; said Don Hutcheson. &uot;I look forward to it!&uot; &uot;Adding Don to COMTEX' executive team at this critical stage of our growth is an essential ingredient of our business plan to deliver technology leadership and an unstoppable competitive advantage,&uot; said Charles Terry, COMTEX' 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. . &uot;Don will play a very important role in COMTEX' plans to continue developing superior products and services for our partners.&uot; About COMTEX News Network COMTEX News Network, Inc. (OTC BB: CMTX) is a dynamic business-to-business infomediary (INFOrmation interMEDIARY) An information provider that gathers content from several sources and functions as a data aggregator for a target audience. that aggregates and redistributes diverse real-time global news and information for the Internet, Wall Street and corporate markets. Each day, COMTEX sorts thousands of stories from over 500 global sources, selected from services such as The Associated Press, Business Wire, Phillips, The Sports Network and South American Business Information, to create its subject-specific CustomWires(R), headline and vertical-market news products for distribution to over 400 companies throughout the world. Located in Alexandria, VA, COMTEX can be found on the World Wide Web at http://www.comtexnews.net. Note: All product and company names may be trademarks or registered trademarks of their respective holders. Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that COMTEX is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological and other risks, costs and delays associated with the start-up and operation of major capital projects, changing governmental regulations and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission. COMTEX undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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