Cycomm International Inc. appoints chief financial officer.MCLEAN, Va.--(BUSINESS WIRE)--Feb. 14, 1997--Cycomm International Inc. (AMEX AMEX See: American Stock Exchange :CYI CYI Can You Imagine ) announced the appointment of Michael R. Skoff as chief financial officer. Skoff is a managing director of Corstone Corp., a private company specializing in the telecommunications and information technology industries. Skoff has been executive officer and director for several publicly and privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , both domestic and foreign and has been involved with Cycomm as an independent consultant and interim chief financial officer for the most recent 18 months. Cycomm also announced the appointment of Laurie B. Rice as director of Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. . Rice will be responsible for internal corporate communication as well as communication with Cycomm's investors and shareholders. Rice has many years of experience with public companies and has served as an assistant corporate secretary and an investor relations Investor relations The process by which the corporation communicates with its investors. contact for several publicly held companies. Rice has been involved with Cycomm since 1995. Cycomm further announced that it has made the determination to change its fiscal year from May 31 to Dec. 31. The change in fiscal year end will, among other things, bring Cycomm into conformity with the information technology industry, facilitate future analyst coverage and comparisons and correspond to the year end of Cycomm's largest subsidiary. The year end change was authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: by the stockholders at the prior annual meeting. The transition report for the seven month period ending Dec. 31, 1996 will be filed on Form 10-KSB within 90 days after the close of the transition period. Cycomm International Inc., headquartered in McLean, has subsidiaries in Sebastian, Fla., Portland, Ore., Montreal, Quebec and Albuquerque, N.M., which develop and manufacture a variety of information technology products, including computers and computing computing - computer systems, wireless and cellular devices, secure communications products and various other telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. . It also specializes in secure products and services for state, federal, and international governments. For further information, contact Laurie B. Rice, director of Corporate Communications of Cycomm International at 800/884-8544. For investor information, contact Doug Poretz at 703/506-1778. CONTACT: Cycomm International Inc., McLean Laurie B. Rice, 800/884-8544 or Doug Poretz, 703/506-1778 |
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