Cirilium Rounds Out Management Team With Proven Financial Veteran Brad Lines; IP Telephony Solutions Provider Adds CFO to Advance Rapid Growth Plan.Business Editors PHOENIX--(BUSINESS WIRE)--Feb. 28, 2000 Rounding out the senior management team at Cirilium Corp., the IP-telephony focused joint venture between Hypercom Corp. (NYSE NYSE See: New York Stock Exchange : HYC HYC Houston Yacht Club (Texas) ) and Inter-Tel Inc. (NADSAQ: INTL INTL International INTL Internal INTL Installer ), industry veteran Bradley Lines is assuming the dual role of chief financial officer and chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive . In joining the company March 1, Lines will bring to Cirilium a great deal of experience in the areas of accounting, SEC compliance and reporting, public finance, mergers and acquisitions, materials management, manufacturing, and sales and distribution. These successes will be vital to achieving Cirilium's goals of increasing stakeholder value as the company pursues rapid growth and business development. Lines' distinguished career spans nearly twenty years with long-term industry experience in finance, administration and operations, most recently holding the positions of CFO See Chief Financial Officer. , VP Finance and Administration, Secretary and Treasurer at Axxess Technologies Inc. during the past four years. His leadership helped Axxess achieve recognition as Arizona's fastest-growing high-tech companies in the Arizona Tech 50 ratings. Prior to this, Lines held key financial and operational management positions at Inertia Dynamics, now Ryobi Outdoor Products. A Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , he began his career with Coopers & Lybrand, now PricewaterhouseCoopers, where he worked through 1984. "Brad Lines brings the track record of success Cirilium needs to meet its aggressive growth and financial goals," said chief executive officer Tom Parise. "We are building tremendous momentum in the financial community as well as within the VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a industry, and Brad's leadership will be a major force as we drive toward an IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. later this year." Cirilium: End-to-end VoIP Solutions for Telephony Carriers Cirilium Corp. offers end-to-end infrastructure solutions to IP telephony providers, encompassing everything from carrier-class gateways and back-end gatekeeper solutions to clearinghouse services and business resources. Cirilium infrastructures maintain strong focus on enabling service and feature creation to better equip carriers to roll out competitive service portfolios and sustain differentiation. With this focus, Cirilium intends to raise the bar on "end-to-end" solutions for Voice-over-IP (VoIP) providers. About Cirilium Cirilium Corp. provides turnkey service creation solutions to service providers offering Internet Protocol-based telephony. Located in Tempe, Ariz. Cirilium is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. founded and owned by Hypercom Corp. (NYSE: HYC) and Inter-Tel Inc. (NADSAQ: INTL). Fusing the resources of its parents, Cirilium represents one of the largest focused IP Telephony infrastructure providers worldwide with presence in more than 80 countries. For more information, contact Cirilium at 877/939-VOIP or visit www.cirilium.com. |
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