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Datawave Appoints Chief Technology Officer.


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 11, 2000

DataWave Systems Inc. (CDNX CDNX

See Canadian Venture Exchange (CDNX).
:DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. ) (OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
:DWVSF) Josh Emanuel, President 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.  is pleased to announce the appointment of David Knox David Knox may refer to:
  • David Knox (UK politician) (born 1933), English Conservative Member of Parliament 1970–1997
  • David Knox (rugby), Australian rugby league player and coach for Leinster
 as Vice President, Chief Technology Officer for the Company. Mr. Knox will be based in the Company's New Jersey office. David brings to DataWave extensive knowledge and experience in the telecommunications and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry.

"David will be a major asset to the Company as we position ourselves to further develop our technology in order to enter new markets and to distribute new products," explained Mr. Emanuel. "David's impressive track record and the important relationships he has formed in the marketplace will enable the Company to consolidate its leadership position in point-of-sale activation. David's responsibilities will include identification of new products and new markets, setting the development path for DataWave's proprietary technology and in seeking out possible acquisitions for the Company."

David has over 18 years of experience developing and deploying voice, data, and EFT networks in the technology industry. Through his "hands on" leadership style as an executive in startup and Fortune 500 technology companies, David has developed the skills and vendor relationships which will prove key in quickly creating and penetrating the market with leading edge technology. David has structured and managed nationwide call centers, created leading edge proprietary communications applications, and directly controlled large scale, nationwide network and system conversions. David's development responsibilities in both the EFT and Telecommunications industry coupled with his depth of operations and logistical management give him a very broad knowledge base in multiple industries. This background will bring many new ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track.  and opportunities to DataWave today and in the future.

"I am delighted to get the opportunity to join DataWave. Having worked with the Company in the past, I have first hand experience with the DataWave System and the development group at the Company. From my experience, The DataWave System provides merchandisers and consumers with a user-friendly technology that has great potential. I look forward to helping the Company move to a new level of growth and development," commented Mr. Knox.

About DataWave

DataWave designs, develops, produces, owns and manages a proprietary, intelligent, automated direct-merchandising network known as the DataWave System. The Company uses the DataWave System to distribute prepaid calling cards. The DataWave System is comprised of DataWave Merchandisers (DTMs), which are free-standing intelligent machines capable of dispensing multiple prepaid products, and over-the-counter "swipe" units (OTCs) for point-of-sale prepaid retailing. Both of these are connected to the Company's proprietary communications gateway and database software through a wireless and/or land line wide area network. The first DTM DTM

dermatophyte test medium.
 was placed early in 1996 and the first OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 device later the same year. During this implementation and roll out, DataWave's intelligent DTM concept has proven to be successful in winning major accounts in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  prepaid calling card market.

DataWave Systems Inc. John Gunn, General Manager, CFO See Chief Financial Officer.  

This news release may include statements that constitute forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

"DataWave" together with design is a registered trademark of the Company. All other trademarks and trade names referred to are the property of their respective owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 11, 2000
Words:561
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