CaminoSoft Appoints Chief Executive Officer.Business Editors WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--May 6, 2004 CaminoSoft Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMSF CMSF Canadian Merit Scholarship Foundation CMSF Canada Millennium Scholarship Fund CMSF Chief of Mission Systems Flight CMSF Congregation of the Missionaries of St Francis ), a leading provider of Information Lifecycle Management Information Lifecycle Management refers to a wide-ranging set of strategies for administering storage systems on computing devices. Specifically, four categories of storage strategies may be considered under the auspices of ILM. (ILM) solutions, announced today that it has appointed Michael Skelton as the Company's Chief Executive Officer. Prior to joining CaminoSoft, Mr. Skelton spent the past two-and-a-half years as an executive management consultant working with public and private high technology companies. He has been in the high technology industry for over 25 years, including 20 years of executive level experience in general management, sales, and marketing roles. Before embarking on his consulting business, Mr. Skelton was 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. of Menta Software, which was sold to GraphOn, Inc. and CEO of TracePoint Technologies, a spin-off of Digital Equipment Corporation. His career also includes executive level positions with NetManage, SCO (The SCO Group, Lindon, UT, www.sco.com) A leading vendor of Unix operating systems for the x86 platform. SCO had also offered Linux, but abandoned the line in the spring of 2003. The SCO Group is the combination of two companies: Utah-based Caldera, Inc. , Entre Computer Centers, and TAB Products Company. Steven Spector, Chairman of the Board of Directors for CaminoSoft, stated, "CaminoSoft has established itself as an innovative R&D organization, and industry-leading IT vendors have selected our software technology as an integral building block for their ILM solutions. Leveraging its technology and channel relationships, the company is now well positioned for business growth. Mike Skelton brings CaminoSoft additional executive management experience in the high technology industry, which is essential in transitioning the organization to a sales and marketing focused company. We are pleased that Mike has accepted this important position and look forward to working with him." Mr. Skelton commented, "CaminoSoft is at the forefront of the ILM movement and the company's products and services are being widely acknowledged as a best of breed data movement software solution. I am excited to join CaminoSoft at this important stage of its development as a leading ILM software provider." On a related organizational matter, Mr. Spector indicated that Steve Crosson, who has been with CaminoSoft since its founding and instrumental in positioning the Company's ILM solutions with technology vendors and channel partners, will assume the combined responsibilities of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Chief Financial Officer. About CaminoSoft Corporation CaminoSoft is a developer and manufacturer of software solutions that store, manage, and safeguard vast quantities of data created in a wide range of business and application settings. The Company's Information Lifecycle Management solutions for Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. 2000 and Novell NetWare (operating system, networking) Novell NetWare - Novell, Inc.'s proprietary networking operating system for the IBM PC. NetWare uses the IPX/SPX, NetBEUI or TCP/IP network protocols. It supports MS-DOS, Microsoft Windows, OS/2, Macintosh and Unix clients. include comprehensive administrative policies that allow organizations to reclaim storage resources, dramatically improve system availability, and control file retention. CaminoSoft's Storage Management and High Availability solutions are available worldwide through commercial distributors, value-added resellers, and systems integrators. This release may contain forward-looking statements that reflect the management's current views of future events and operations. These forward-looking statements are based on assumptions and external factors, including assumptions relating to regulatory action, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and competing products. Any changes in such assumptions or external factors could produce significantly different results. |
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