Clariti Telecommunications International Appoints Ronald R. Grawert to the Company's Board of Directors.PHILADELPHIA--(BUSINESS WIRE)--October 11, 1999-- Increases Board of Directors to Nine Members Clariti Telecommunications International, Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CLRI CLRI Central Leather Research Institute (India) ) ("Clariti") today announced it has appointed Mr. Ronald R. Grawert, age 50, to the Company's Board of Directors. This appointment increases the Board of Directors to nine members. Mr. Grawert currently serves as Clariti's Chief Executive Officer, a position that he has held since his appointment in June of this year. Mr. Grawert brings to the Board of Directors over 25 years of telephony industry experience. He has worked with a wide array of telecommunications companies throughout his career. Before joining Clariti, Mr. Grawert served as President and Chief Executive Officer of Mobilemedia Communications, Inc., one of the largest-paging companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Mr. Grawert was responsible for Mobilemedia's rapid improvement in operating performance which resulted in the substantial improvement in its financial results and led to the Company's merger with Arch Communications, Inc. (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 : ARCH). Prior to Mobilemedia, Mr. Grawert held the position of Executive Vice President of GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Mobilnet, which was the surviving company surviving company The company that emerges in control following a business combination. The surviving company is generally one of the firms entering the combination but may be a new company formed by the combination. from the GTE Mobilnet merger with Contel Cellular, Inc. At the time, Mobilnet, currently known as GTE Wireless, was the fourth largest cellular carrier in the United States, with revenues exceeding $2.5 billion. Mr. Grawert stated, "Clariti is an exciting opportunity to build a new-model telecommunications company for the next millenium. Global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , IP technology and wireless capabilities that form the foundation for Clariti are all key pieces necessary to develop a telecommunications powerhouse. I am looking forward to helping guide the Company not only as its Chief Executive Officer, but in the additional capacity as a member of its Board of Directors." Peter S. Pelullo, Chairman of Clariti commented, "Ron's appointment to Clariti's Board of Directors further emphasizes his talent and experience in the telecommunications industry. Ron has quickly and smoothly transitioned into Clariti's daily operations and has demonstrated his significant leadership qualities in directing the Company's growth in the global telecommunications industry. This appointment will allow Ron to exact greater influence over the direction of Clariti's overall growth. His addition to the Board will strengthen our ability to achieve our goal of becoming one of the world's preeminent international telecom and IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. companies." Clariti Telecommunications International, Ltd., is a diversified international telecommunications company headquartered in Philadelphia. In addition to its IP Telephony and ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. business Clariti has one other division Clariti Wireless Messaging. Clariti is currently developing the ClariCAST(TM) Digital Voice Messaging Using voice mail as an alternative to electronic mail, in which voice messages are intentionally recorded, not because the recipient was not available. System, the world's first low-cost high-speed digital voice Messaging system. The ClariCAST(TM) system combines a full-featured voice mail system with wireless voice pagers. This patented communications technology uses FM subcarrier A secondary telecommunications channel that resides within the main channel (a carrier within a carrier). A type of multiplexing, the subcarrier is a modulated carrier signal at a lower frequency that is combined with the main carrier signal running at a higher frequency. frequencies, so it can be quickly and inexpensively installed in any city where FM radio towers exist. Clariti plans to market its voice messaging service worldwide, including rapidly growing wireless telecom markets such as Europe, Latin America and the U.S. More information on Clariti and the ClariCAST(TM) Digital Voice Messaging System can be found on the World Wide Web at http://www.clariti.com. Special Note Regarding Forward-Looking Statements: This press release contains certain forward-looking statements that involve risks and uncertainties, including statements about Clariti's growth prospects, the development and sales of new products and services and Mr. Grawert's effect on Clariti and its Board. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, changes in telecommunications regulations, changes in consumer demand and acceptance of certain telecommunications products and services, and various other factors beyond the control of the Company. This includes such factors as described from time to time in the SEC reports filed by Clariti Telecommunications International, Ltd., including the most recently filed Form 10-KSB. |
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