Corsair Names Thomas C. Meyer Chairman of the Board.Business Editors PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--May 16, 2000 Corsair corsair: see Barbary States; piracy. Communications, Inc. (Nasdaq: CAIR CAIR Council on American-Islamic Relations CAIR Clean Air Interstate Rule (EPA) CAIR Center for AIDS Intervention Research CAIR Changing Attitudes in Recovery CAIR California Association for Institutional Research ) today announced that Thomas C. Meyer, Corsair's president and chief executive officer, has been named chairman of the company's board of directors. Mary Ann Byrnes, who was a founder of the company and has served as its chairman since June 1999, will remain a board member. Meyer joined Corsair in April 1996 as vice president of operations and was promoted to president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. in Feb. 1999. In June 1999, he became chief executive officer. Prior to joining Corsair, Meyer served as senior vice president of operations at Blyth Software, a company specializing in application development tools for the client/server market. Previously, he served as vice president and general manager for Pyramid Technology's customer services division and held various management and technical positions at Tandem Computers (company) Tandem Computers - A US computer manufacturer. Quarterly sales $544M, profits $49M (Aug 1994). , Tolerant Systems and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . "Tom's vision, leadership and organization skills have been key to Corsair's success in transitioning from our legacy product to the new PrePay platform and our first mobile commerce application," said Mary Ann Byrnes. "Having worked with Tom for more than four years, I have every confidence that in his new role as chairman, Tom will be able to foster and manage the many opportunities that lie ahead for Corsair." About Corsair Communications Corsair Communications, Inc. (http://www.corsair.com) headquartered in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. is a leading provider of real-time business solutions for the global wireless industry. The company's PrePay(tm) wireless billing system supports more than 9 million wireless subscribers, and is the leading prepaid billing system in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . Note: This press release contains forward-looking statements regarding the company's successful transition from PhonePrint to PrePay as the primary source of revenue, the future financial performance of the company and the company's ability leverage positive market conditions to its advantage that involve risks and uncertainties. Actual results may differ materially because of various risks, including risks associated with product sales and installation, the company's ability to bring new products to market, economic and political instability in international markets, demand for Corsair's products and services, continued growth of the wireless telecommunications industry, and other risks associated with Corsair's business. For an expanded discussion on such risks, please see the documents filed by Corsair Communications with the U.S. Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion