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Cornice Promotes Michael Wingert to CEO, Kevin Magenis to Chairman.


LONGMONT Longmont, city (1990 pop. 51,555), Boulder co., N Colo.; inc. 1885. It is a trade and processing center for a rich farm area irrigated by the Colorado–Big Thompson project. Vitamins, primary metal products, and manufacturing equipment are produced. , Colo. -- Cornice cornice (kôr`nĭs), molded or decorated projection that forms the crowning feature at the top of a building wall or other architectural element; specifically, the uppermost of the three principal members of the classic entablature, hence by  Inc. -- an innovator in compact, high-capacity storage -- today announced the appointment of Michael Wingert as Chief Executive Officer. Wingert recently joined Cornice as President and Chief Operations Officer. In addition to his current responsibilities, Wingert will oversee all aspects of the company and its day-to-day operations including sales and marketing, product development, materials procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , quality assurance, and factory functions, which he has been overseeing to date.

Kevin Magenis, Cornice's co-founder and Chief Executive Officer has been elevated to Chairman of the Board. Magenis will focus on corporate strategy as well as the development of key relationships in support of the Company's ongoing expansion into more diverse and global markets.

"I have been incredibly proud of the progress that Cornice has made since its 2000 founding and 2003 launch," said Magenis. "Wingert adds direct leadership strength to the company as we continue our rapid growth in a very competitive and dynamic marketplace."

"Magenis' role as the Chairman of the Board is critical as the company continues to explore new markets and execute our corporate strategy for the future," said Wingert.

About Cornice

Cornice Inc. is an innovator in small, compact, low-cost, high-capacity storage that enables a new generation of pocket-able consumer electronic devices for the world's leading brand-name manufacturers. The Cornice Storage Element (SE) is durable, integrated, personal storage that brings new levels of affordability and content capacity to these devices.

Early investors in Cornice include the Company's founders, management team, and Texas Instruments See TI.

(company) Texas Instruments - (TI) A US electronics company.

A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq.
. The Company has received venture investments from BA Venture Partners, CIBC CIBC Canadian Imperial Bank of Commerce
CIBC Centres Interinstitutionnels de Bilan de Compétences
CIBC Commonwealth Institute of Biological Control (Trinidad)
CIBC Commercial International Brokerage Company
 Capital Partners, GIC GIC

See: Guaranteed Investment Contract


GIC

See guaranteed investment contract (GIC).
 Special Investments, Nokia Venture Partners, and VantagePoint Venture Partners. Privately held, Cornice maintains its headquarters in Longmont, Colorado The City of Longmont is a home rule municipality located in Boulder County and Weld County, Colorado, United States. Longmont is the 13th most populous city in the State of Colorado. The word "Longmont" comes from Longs Peak, a prominent mountain named for explorer Stephen H. . Visit Cornice at http://www.corniceco.com/
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 14, 2004
Words:285
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