Citadel and Inlighten.com Announce Lawrence Lacerte Appointed as Vice Chairman of the Board of Citadel's Internet Subsidiary, Inlighten.com.DALLAS--(BUSINESS WIRE)--March 18, 1999-- Leading Software Developer and Founder of Lacerte Software, an Industry Pioneer, Joins Inlighten.com Citadel Technology, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CITN), a provider of network and desktop security software products and the parent of Inlighten.com, an Internet e-commerce portal, announced today the appointment of Lawrence Lacerte to Vice Chairman of Inlighten.com to lead the Board of Directors with Steve Solomon as Chairman 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. . Mr. Lacerte founded Lacerte Software Corporation in 1978. By 1998, Lacerte Software had grown to one of the largest software companies offering a complete library of in-house tax preparation software and supporting computer equipment. Lacerte Software is considered the leader in the tax software industry, commanding the highest percentage of market share. In June 1998, Lacerte Software was acquired by Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. Corporation (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 : INTU INTU Intuit, Inc. (stock abbreviation, AMEX) ). Mr. Lacerte said, "With all of the recent developments at Citadel and Inlighten.com, I am delighted to be serving as Vice Chairman of Inlighten.com at its inception which is an exciting time in a company's growth. I look forward to working with Steve Solomon and the Inlighten.com management team to help achieve the vision of positioning Inlighten.com as a leading Internet e-commerce portal of the future." Steve Solomon, Inlighten Chairman and CEO, said, "Larry brings a wealth of business experience and extensive software and e-commerce industry contacts to Inlighten.com with his twenty plus year history. His decision to further his personal involvement with both Citadel and Inlighten is an invaluable asset to our future progress." Solomon continued, "Citadel has entered an exciting time for shareholders with the Internet spin-off company, Inlighten.com. and Inlighten.com's recently announced acquisitions of The Forward Companies, a leading product rebate and promotional fulfillment operation, and 2-Lane Media, an e-commerce and e-business Interactive award winning communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. ." Citadel Technology Inc. is a developer and marketer of computer software products including security and management utilities for networks and personal computers. The Company's products are designed to secure and manage personal computers (PCs) and local area networks (LANs) and enable network administrators to more efficiently manage the networks. Company products are designed to reduce client costs, improve accuracy of clients' information, maintain the operation of the network, secure the network from fraud or unauthorized use, and generally enable the administrator to devote more time to improving service to the network rather than focusing on operational details. Recently Citadel announced plans for an Internet spin-off company, Inlighten.com, which will seek to become the leading site for on-line software training, "How To" information, as well as an e-commerce outlet mall An outlet mall (or outlet centre) is a type of shopping mall, in which manufacturers sell their products directly to the public through their own branded stores. Clothing, sporting goods, electrical products, cosmetics, and toys are among the types of items sold at outlet . For further information on Inlighten.com or Citadel Technology, visit our homepages at http://www.inlighten.com or http://www.citadel.com. Contact us directly by writing or calling: 3811 Turtle Creek Turtle Creek may refer to: Streams
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. 75219; phone: 214.520.9292; fax: 214.520.9293. For media or investorrelations contact: The Investor Relations Investor relations The process by which the corporation communicates with its investors. Group at 212.664.8489. The above statements are not strictly historical facts and include forward-looking statements that involve a number of risks and uncertainties. The actual results of the future events described in such forward-looking statements could differ materially as a result of, among other things, the following: timing and delays related to distribution of an information statement based on the SEC review process, completion of the proposed acquisitions, implementation of Internet strategies, the availability of capital on acceptable terms, general economic conditions, competition, the market for the network software products, software development costs and possible future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , as well as the risks and uncertainties discussed in the Company's public reports and filings and public statements. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion