CyberCash Names Dennis N. Cavender Chief Financial Officer.RESTON, Va.--(BUSINESS WIRE)--June 23, 1999-- Wireless Data Communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. Executive to Join E-Commerce Company in July CyberCash, Inc., (Nasdaq: CYCH), a world leader in e-commerce technologies and services for merchants, today announced the appointment of Dennis N. Cavender to the position of chief financial officer, effective July 6. Cavender joins CyberCash from Gooitech, Inc., a wireless data communications start-up in Schaumburg, IL where he served as president, 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. and chief financial officer. "CyberCash is most fortunate to have attracted a CFO See Chief Financial Officer. with Dennis Cavender's broad experience and financial expertise," said Jim Condon, president and COO, CyberCash. Condon served as CyberCash CFO before being named president and COO in January. He also has continued to perform the day-to-day duties of CFO during this period. "Besides providing strong financial leadership for the company, Dennis will actively communicate with the financial community to make sure that analysts and investors understand the goals and objectives of CyberCash as the company continues to manage its growth," Condon said. In addition to positions at Gooitech, Cavender has more than 25 years of experience in senior financial management at companies, including Aksys, Ltd., a publicly traded development-stage medical device company in Lincolnshire, Illinois Lincolnshire is an affluent village in Lake County, Illinois, United States. The population was 6,108 at the 2000 census. It is the headquarters of Hewitt Associates, Quill Corporation, and Takeda Pharmaceuticals North America, as well as Newman/Haas Racing, an auto racing team in , and Promega Corp., a biotechnology firm in Madison, Wisconsin Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison. The 2006 population estimate of Madison was 223,389, making it the second largest city in Wisconsin, after Milwaukee, and . He also served in management positions at Amdahl Corp., a computer company, and Syntex Corp., a pharmaceutical company, both located in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay . Cavender is a graduate of the University of Northern Colorado  It has been suggested that this article or section be merged with and ()University of Northern Colorado (Northern Colorado) , where he received a B.S. in Accounting. He earned a M.B.A. at the University of Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. . About CyberCash, Inc. CyberCash is a world leader in e-commerce technologies and services, enabling commerce across the entire market spectrum from electronic retailing environments to the Internet. CyberCash provides a complete line of software products and services allowing merchants, billers, financial institutions and consumers to conduct secure transactions and other e-commerce functions using the broadest array of popular payment forms. Credit, debit, purchase cards, cash, checks, smart cards and alternative payment types (e.g., "frequent buyer" or loyalty programs) are all supported by CyberCash payment solutions. Leading brands of CyberCash include InstaBuy(TM), AgileWallet(TM), ICVERIFY(R), PCVERIFY(TM), CashRegister, NetVERIFY(TM), CyberCoin(R) and PayNow(TM). CyberCash and the CyberCash logo are trademarks, service marks, registered trademarks or registered service marks of CyberCash, Inc. For more information about CyberCash, please contact our web site at www.cybercash.com |
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