Craig McCallum appointed senior vice president of EnCompass Ventures.KIRKLAND, Wash.--(BUSINESS EDITORS)--May 20, 1997-- CompuServe veteran appointed senior vice president of high-tech venture capital company EnCompass Ventures, a Kirkland based venture capital firm dedicated to assisting emerging computer software and information technology companies in the Pacific Northwest, recently appointed Craig McCallum as its senior vice president and managing director. McCallum will lead all aspects of EnCompass Ventures' operational and investment activities. McCallum has over fifteen years of experience in senior management with high technology companies including CompuServe, Starwave and Traveling Software Inc. Most recently, McCallum was vice president and general manager of CompuServe's Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Division. Prior to joining CompuServe, McCallum served as vice president of finance, operations and business development for SPRY Inc. where he spearheaded negotiations to sell the company to CompuServe for over $100 million, the largest Internet related transaction at the time. McCallum also brings strong international, operational and financial management skills to EnCompass. "Craig McCallum's appointment is a pivotal event for EnCompass," states Yasuki Matsumoto, founder and president of EnCompass Group Inc. "Craig's extensive skills, knowledge and experience, as well as his reputation in the industry, will significantly enhance our company and our ability to assist the many organizations we work with. Craig is the cornerstone cornerstone Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to to what we believe will be the premier venture capital and globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation services firm in the Northwest. We are fortunate to have him and look forward to his help in continuing to grow and strengthen our team." EnCompass Ventures, 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 Encompass Group Inc., represents a new breed in strategic venture capital investing. In addition to providing venture funding, EnCompass Group is committed to helping emerging hardware, software and information technology companies successfully enter Asian markets. With a network of international affiliates EnCompass Group Inc., provides complete business solutions involving sales, marketing, engineering, and software localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. services. Encompass assists early, developing and later stage companies effectively market and distribute their products in burgeoning Asian markets. EnCompass Ventures and EnCompass Group Inc. are based in Kirkland with branch offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Washington, D.C. as well as Tokyo. Internet: www.encompassventures.com . E-mail: info@encomp.com . CONTACT: Imagio Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Howard Barokas, 206/625-0252 howard@imagio.com |
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