Datatext and Satellite Superhighways Inc. names Governor Bruce Sundlun to board of directors.LOS ANGELES--(BUSINESS WIRE)--June 12, 1996--Datatext and Satellite Superhighways Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DTXT) has named former Rhode Island Governor Bruce Sundlun to its board of directors, it was announced Wednesday by Sir Benjamin Slade, Bt, chairman of the board. Sundlun joins the DTXT board of directors as director and vice chairman. A proven corporate leader, he was previously chairman and 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. of Outlet Communications (NYSE NYSE See: New York Stock Exchange ) and served on the board of directors of COMSAT Comsat: see Communications Satellite Corporation; communications satellite. (COMSAT General Corporation, Bethesda, MD) Formerly Communications Satellite Corporation, COMSAT was a private company that was created by the U.S. (Communications Satellite Corp.) for more than 30 years. He is past president and CEO of Executive Jet Aviation, the largest U.S. business jet operator, and has served on the board of directors of many public companies. Sundlun has long been active in civic, political and business affairs. He was elected governor of the state of Rhode Island in 1990 and reelected in 1992. In 1994, he was named to chair the New England Governors' Conference having previously held the post of vice chair. He was a delegate to the Democratic National Convention in 1964, 1968, 1980, 1988 and 1992, and served as RI finance chairman for the Carter-Mondale Re-election Campaign in 1980. A graduate of Williams College in 1946, he attended the U.S. Air Force Command and Staff School in 1948 and received his L.L.B. from Harvard Law school Harvard Law School (colloquially, Harvard Law or HLS) is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, Harvard Law is considered one of the most prestigious law schools in the United States. in 1949. Sundlun holds four honorary degrees. He served with the U.S. Army Air Corps in the Second World War, retiring as a colonel in the U.S. Air Force Reserve in 1980. He has been awarded with the Distinguished Flying Cross, Air Medal with cluster, Purple Heart, Legion d'Honneur (France) and the Prime Minister's Medal (Israel). "We are very pleased that Governor Sundlun has joined the board of directors as vice chair," stated Slade. "We believe that his extensive experience in business, civic affairs and shareholder activities will be of considerable benefit to our company in the coming years. We look forward to his advice and counsel as we move toward our goal of becoming a world leader in data transmission and broadcasting," he continued. Datatext and Satellite Superhighways Inc., with headquarters in Los Angeles, provides and manages a variety of data transmission services and teletext to and for the broadcasting and information supply industries. DTXT is the exclusive provider of the "Reuters 1000" Financial Data Service, which delivers encrypted data to PCs via satellite. DTXT transmits data and teletext over the vertical blanking interval The part of a TV signal that is sent between each video frame. In North American TV (NTSC), the vertical blanking interval (VBI) takes up the last 45 lines of each 525-line frame. (VBI See vertical blanking interval. ) of commercial television signals enabling satellite and cable broadcasters to enhance revenues by furnishing clients with news reports and related data as well as encrypted intracompany in·tra·com·pa·ny adj. Occurring within or between the branches of a company: an intracompany network. communications and other information. At present, the company broadcasts on the CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. satellite footprints to cover all of Europe, the Middle East and most of Africa and Asia. DTXT plans to introduce its services in North America later this year. CONTACT: Self & Associates Trudy M. Self, 818/880-5437 or Barons Financial Services (UK) Ltd. Eric F. Kohn, 011-44-171-823-2662 011-41-22-798-4660 |
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