Datameg Names James Murphy as CEO, President and Chairman of the Board.BOSTON -- Datameg Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DTMG) today announced that it has appointed James Murphy James Murphy may refer to:
He was born in Hartford, Connecticut, but grew up in California. as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President. Mr. McGrath will maintain his position on the Datameg Board of Directors. The Board has also accepted the resignation of Bill Mortimer as Director. Mr. Murphy, 53, has a wide range of business experience including a highly successful partnership in Building #19, and served as President of Sportbuild, Inc., a subsidiary of the Building #19 corporation. Mr. Murphy has also been a successful partner in several other companies. Datameg's new CEO and President commented: "I am delighted to join Datameg and help shape its plan to become a leading provider of quality control and testing technology for the voice, data and video communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. ." Mr. Murphy thanked both Mr. McGrath and Mr. Mortimer for their service to the Company, and emphasized that in his ongoing role as a member of the Board, Mr. McGrath continues as a key advisor to the Company. About Datameg Datameg Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:DTMG) is an emerging company focused on supplying products and related services that support critical network performance requirements in the rapidly converging voice, data and video communications industry. Specifically, through Datameg's 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. QoVox Corp., the company designs, develops and offers network-wide fault identification, fault isolation and voice quality assurance products and critical real-time network health and performance monitoring services for both providers and end-users of Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. , now commonly referred to as Voice over Internet Protocol (VoIP). The VoIP industry critically depends on the ability to deliver voice service over the Internet infrastructure with the high quality that end-users have grown to expect with traditional telephony services. The company believes network monitoring for voice quality is a vital function for the successful commercial future of IP telephony. Certain statements contained herein are forward looking. These forward looking statements are based on our current expectations and are subject to a number of risks, uncertainties and assumptions. Many factors could cause actual results to differ significantly from these statements, including our history of operating losses, our need for additional financing, a failure of our products to perform as expected, introduction of competing products by other companies, pressures on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of our products, and changes in the VoIP industry. These risks, uncertainties and assumptions are detailed in documents filed by us with the Securities and Exchange Commission. |
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