Castelle Appoints Laurie Gee Vice President of Finance and Administration.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif,--(BUSINESS WIRE)--April 19, 1999-- Castelle (Nasdaq:CSTLC), a leader in specialized network fax servers, announced today that it has appointed Laurie Gee as vice president of finance and administration. Gee brings more than 10 years of business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and financial management experience to Castelle. She replaces Randall Bambrough and will report directly to Donald L. Rich, president and chief executive officer, who joined Castelle in November 1998. "Ms. Gee joins our new management team at Castelle having leadership experience in a variety of challenging firms with a solid background in finance and administration, including being a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. ," said Rich. "She has been consulting to us for the last eight months and is up to speed on what Castelle needs to accomplish in the next several quarters." Gee added, "I look forward to working at Castelle as part of a new executive management team. I plan to focus on managing the company's cost structure including the operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. side and deploy our assets in the areas where it is more profitable to support the company's growth." Gee brings more than 10 years of financial experience from a successful career that was launched in the San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden office of Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing where she was a senior member of the enterprise audit and business advisory group. Her most recent role was chief financial officer at Kidsoft Inc. of Cupertino, Calif., an educational and family-oriented software manufacturer and distributor. In addition, she has held various executive positions including director of finance at Elonex Technologies Inc., a manufacturer and distributor of personal computers in the U.K., assistant controller at The North Face Inc., a retail and wholesale distributor of premium outdoor equipment, and an analyst at U.S. Leasing Inc. Gee holds a BS in accounting from San Francisco State University • • [ . About Castelle Founded in 1987, Castelle is an industry leader and pioneer of network fax and print servers that increase productivity in workgroups and the enterprise. Over the past two years the company has acquired Object-Fax, an NT-based enterprise fax server from Traffic Software and the InfoPress family of fax-on-demand and voice response solutions from Ibex Technologies. These acquisitions strategically complement Castelle's flagship fax server product, FaxPress, providing a fax product suite that supports centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. or distributed enterprises of all sizes. Castelle products are available through a worldwide network of distributors. Castelle is headquartered in Santa Clara, Calif. and can be reached at 800/289-7555, 408/496-0474 or http://www.castelle.com. FaxPress(TM) and Object-Fax are trademarks or registered trademarks of Castelle. All other products and trademarks are the property of their respective owners. Except for the historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties, including timely development, acceptance and pricing of new products and general economic conditions as they affect the company's customers, as well as the other risks detailed from time to time in the company's Securities Exchange Commission reports, including the report on form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 1998. |
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