Data Dimensions appoints Philip N. Newbold as chief operating officer.BELLEVUE, Wash.--(BUSINESS WIRE)--Oct. 29, 1996-- Technology industry veteran brings extensive background in information technology, business process reengineering See reengineering. and financial management to Data Dimensions, the leading Year 2000 provider Data Dimensions Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DDIM DDIM Dry Deposition Inferential Method DDIM Device Driver Initialization Model ), a leading information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. services company and the world's leading provider of Year 2000 (millennium) planning and update services, announced today the appointment of Philip N. Newbold to the position of executive vice 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 this role, Newbold will be responsible for all operations related to the company's consulting services, licensing programs and other businesses that provide solutions to the Year 2000 problem Year 2000 problem, Y2K problem, or millennium bug, in computer science, a design flaw in the hardware or software of a computer that caused erroneous results when working with dates beyond Dec. 31, 1999. . "Philip Newbold is an excellent addition to our management team and we are very fortunate to have his extensive background in both technology and business available to Data Dimensions," commented Larry Martin, chairman and chief executive officer. "He brings a perfect blend of systems development and financial management skills that will have immediate benefits for our company." Newbold was formerly vice president and director of information technology services for Kaiser Permanente, Northern California, where he oversaw all computer services, networking and systems development serving over 35,000 employees. Previously, Newbold held various executive level positions in the financial services industry with experience in corporate and financial systems, electronic banking, acquisitions and financial management with Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and Continental Illinois Bank and Trust. In connection with the appointment, Newbold will vacate To annul, set aside, or render void; to surrender possession or occupancy. The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents. his position as a member of the board of directors for Data Dimensions, a position he has held since June of 1996. A search is currently underway to fill the vacancy. Newbold has a B.S.C. in marketing and economics, as well as an M.B.A. in finance and systems management from De Paul University. Headquartered in Bellevue, Data Dimensions Inc. provides high-quality, knowledge-based and tools-assisted consulting and licensing services, including the most comprehensive service and product offering available for the Year 2000 update. The company began providing millennium consulting services in 1991 and has specialized exclusively in the area since 1993. The company's clients include multinational leaders in insurance, health care, telecommunications, manufacturing, financial services, public utilities and government, served domestically and through nine affiliate licensees in 23 foreign countries. -0- http://www.data-dimension.com CONTACT: Kaufer Miller Communications John Snyder, 206/450-9965 JohnS@kmcomm.com or Data Dimensions Villette Nolon, 206/688-1000 |
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