Co-Founder Robert Mayer Returns to IMSI as Executive Vice President; IMSI Co-Founder Assumes Role of Executive Vice President Of Direct Sales and Marketing.Business Editors and High-Tech Writers NOVATO, Calif.--(BUSINESS WIRE)--Jan. 11, 2001 IMSI IMSI International Mobile Subscriber Identity IMSI International Microcomputer Software, Inc. IMSI International Mobile Station Identity (now International Mobile Subscriber Identity) IMSI Idaho Maximum Security Institution (R), (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: IMSI), developer of design software including TurboCAD(R) and FloorPlan3D(R), and owner of ArtToday.com and Design.NET, Thursday announced that IMSI co-founder Robert Mayer
Sir Robert Mayer KCVO (June 5, 1879 – January 9, 1985) was a philanthropist, businessman, and a major supporter of music and young musicians. has resumed full time employment at the company as the executive vice president of direct sales and marketing. Mayer, who has a master's in science from the University of Washington and a bachelor's degree from the University of California at Berkeley (body, education) University of California at Berkeley - (UCB) See also Berzerkley, BSD. http://berkeley.edu/. Note to British and Commonwealth readers: that's /berk'lee/, not /bark'lee/ as in British Received Pronunciation. , helped foun0 IMSI in 1983 and has been associated with the company in various capacities for the past 18 years. He currently sits on the board of directors and will continue as a board member. As a co-founder of IMSI, Mayer served in several capacities in his previous 18 years at IMSI including vice president of operations and executive vice president of worldwide sales and marketing. For the last year, Mayer was vice president of sales and marketing for an Internet direct Internet Direct, also known as "Indy", is a free software / open source socket library written in Object Pascal, an object-oriented version of Pascal. It includes clients, servers, TCP, UDP, and raw sockets, as well as over 100 higher level protocols implementations such as SMTP, marketing firm and worked part time for IMSI. "Robert's helped build IMSI into a $60 million per year company, with 28 quarters of consecutive operating profits Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. during the mid 1990's. His return to IMSI is a big boost to our turnaround plans," said Geoff Koblick, president of IMSI. "We have just released TurboCAD v7 and his global experience with the product will strengthen and enhance our sales channel. His direct marketing and international experience will also help us maximize our growth and profits in these areas in the year ahead." "I am excited to return to IMSI during this significant period of growth," said Mayer. "With ArtToday.com signing up its two millionth member, the launch of new TurboCAD v7 and pending launch of FloorPlan v6, the company has some excellent opportunities to capitalize upon. As a co-founder and shareholder of IMSI, I am dedicated to building on the success the company has achieved in its turnaround efforts this past year." "The opportunity with the new TurboCAD v7 alone is exciting to me. TurboCAD v7 has over 75 improvements and is nearly half the price of similar CAD packages. The response to TurboCAD v7 so far has been encouraging and I look forward to IMSI gaining significant market share in the $1 billion CAD software market." IMSI owns and operates three business divisions: Design Software, ArtToday.com and Design.NET. The company's Design software division is based on award-winning TurboCAD computer aided design (application) Computer Aided Design - (CAD) The part of CAE concerning the drawing or physical layout steps of engineering design. Often found in the phrase "CAD/CAM" for ".. manufacturing". software (winner of PC Direct Editor's Choice -- see TurboCAD.com) and FloorPlan3D home design software (winner of PC Magazine Editor's Choice -- see FloorPlan.com). The company has sold more than 2 million units of these software products to date and has invested 15 years in the development of this technology. ArtToday.com, is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of IMSI and offers one million images, photos, fonts and other digital content over the Internet. Design.NET's charter is to offer home design online with 3D viewing and editing. IMSI and ArtToday are registered trademarks of International Microcomputer Software Inc. and ArtToday Inc, respectively. All other products are the trademarks or registered trademarks of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This announcement contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors including the ability of the company to successfully commercialize its new technologies as well as risk factors set forth under "Factors Affecting Future Operating Results" in the company's annual 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. and such other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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