CoCo Communications Announces New Leadership and Funding.Seattle-Based Technology Innovator is Positioned for Growth to a Large-Scale Enterprise SEATTLE -- CoCo Communications has appointed a new 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. and CFO See Chief Financial Officer. , elected a new board of directors, and has taken a capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. from its existing investor base to better serve its current and future customers. These activities all will help CoCo transition from developing advanced communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry to providing its unique products and services to defense, homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , and other markets. John E. DeFeo has taken the helm as CoCo's new CEO and President. Mr. DeFeo was formerly CEO/President of U.S. West New Vector Group A Vector group is the International Electrotechnical Commission (IEC) method of categorizing the primary and secondary winding configurations of three-phase transformers. Within a polyphase system power transformer it indicates the windings configurations and the difference in (doing business as U.S. West Cellular), where he took the company public and eventually sold it to Airtouch Cellular for $9 billion. Mr. DeFeo has over 25 years of experience building wireless and telecommunication companies. Supporting Mr. DeFeo as CFO is John Stachowiak, a financial management veteran with over 20 years of experience in telecommunications and venture capital. Mr. Stachowiak also served as CFO of U.S. West New Vector Group. "CoCo's customers have convinced me that we have the right technology and the right people to continue to meet a wide variety of advanced communications needs for a long time to come," said Mr. DeFeo. "I am looking forward to growing CoCo into a name that is closely associated with innovative and scalable next-generation networks." CoCo's shareholders also have elected a new three-member board of directors that includes Scott Wilson Scott Wilson may refer to: A person's name:
Jeremy Bruestle, a co-founder of CoCo, will continue to lead technology innovation. Mark Tucker Mark Tucker may be:
CoCo was founded in 2002 in response to well-documented communication failures by emergency service agencies in situations such as those experienced during 9/11 and Hurricane Katrina. CoCo's unique technology facilitates completely distributed, secure, wired and wireless interoperable network communications. CoCo provides secure communication systems to public safety agencies, the U.S. Coast Guard, U.S. Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , major urban areas, hospitals, counties, and schools districts. The company has numerous patents pending on its technology platform and network protocol. For more information, please visit www.cococorp.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion