CyberOpticLabs Names New Director.Business Editors and High Tech Writers RENO, Nev.--(BUSINESS WIRE)--May 16, 2000 CyberOpticLabs, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CYOL), today announced the appointment of Gerald DeCiccio to its Board of Directors. "The appointment of Gerald DeCiccio reinforces the increasing level of strength and industry expertise of our Board of Directors," said Ivan Wong, director of CyberOpticLabs. "In being appointed an outside director, his 18 years experience with multi-million dollar high-tech companies and also with telecom start-ups will be a great asset to CyberOpticLabs." Mr. Wong further commented, "We welcome Mr. DeCiccio and are very confident with his accounting and financial expertise in optics, telecom, and datacom." As a director, Mr. DeCiccio will continue to assist the Company in maintaining an aggressive growth plan with emphasis on increasing brand awareness of CyberOpticLabs' growing family of investments, products and services. Mr. DeCiccio joins the Company's Audit and Compensation Committees. About Gerald DeCiccio, 42, Mr. DeCiccio is currently Chief Financial Officer of GTC GTC See: Good 'til cancelled order GTC See good-till-canceled order (GTC). Telecom Corp. ("GTC") and President of US Main Corporation. Mr. DeCiccio has over eighteen years experience in the financial and accounting field. Prior to joining GTC, Mr. DeCiccio was the Vice President of Finance and Administration for National Telephone & Communications, Inc., ("NTC NTC Notice NTC National Training Center NTC National Telecommunications Commission NTC National Transport Commission (Australia) NTC Negative Temperature Coefficient NTC Naval Training Center ") a $150 million inter-exchange carrier (communications) inter-exchange carrier - (IXC) A company allowed to handle long-distance calls following the break-up of the Bell system in the US by anti-trust regulators. and provider of communications products and services. While at NTC, Mr. DeCiccio managed NTC's finance, accounting, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and legal departments. Between 1995 and 1997, Mr. DeCiccio was the Corporate Controller for Newport Corporation, a $140 million multi-national manufacturer / distributor of laser and optics products. Prior to that, Mr. DeCiccio was the Director of Audit and Quality Systems for Sunrise Medical, Inc., a $750 million multi-national manufacturer / distributor of health care products. From 1980 to 1984, Mr. DeCiccio was a Supervising Senior Accountant for Ernst and Young. Mr. DeCiccio received his Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Accounting from Loma Linda University Founded in 1905, Loma Linda University (LLU) is a private, Christian, coeducational, health sciences university located in Southern California 60 miles east of Los Angeles close to San Bernardino and near beaches, mountains, and the desert. , and his Masters of Science in Finance and Systems Technology from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission . Mr. DeCiccio is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. in the State of California Said Mr. DeCiccio, "I am extremely excited being given this new opportunity with CyberOpticLabs, and very optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op with the long term plans of the Company." About CyberOpticLabs Inc., An Internet incubator that identifies, evaluates and acquires equity positions in post start up companies in telecom, datacom, optics, pharmaceuticals, and Internet sectors. For more information about the Company and its services, visit www.CyberOpticLabs.com. This news release contains forward-looking statements within the meaning of Section 37A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including the Company's ability to continue to successfully market and provide services, general economic conditions and other risks that are discussed in the Company's filings with the Securities and Exchange Commission (including the Company's Annual Report on Form 10-KSB). The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise. |
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