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DecisionLink Announces the Appointment of New President and CEO.


Business Editors

LAS VEGAS--(BUSINESS WIRE)--Oct. 23, 2001

DecisionLink, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DLNK DLNK Digital Link
DLNK Destination Link
) announced that following a Board of Directors meeting held on October 17, 2001, it had appointed Peter A. Gerard 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. , effective October 19, 2001, as part of a plan to restructure and reposition the Company to take best advantage of its proprietary sensor and communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems
engineering, technology - the practical application of science to commerce or industry
.

The Company also announced the resignation of Geoffrey Hewitt, David Peachey David "The Peach" Peachey (born January 21 1974 in Dubbo, New South Wales) was an Australian rugby league fullback. In his career he played for the Cronulla Sharks and the South Sydney Rabbitohs in the National Rugby League (NRL) and the Widnes Vikings in the English League One.  and Peter Lagergren as officers of the Company. All three will continue to work with the Company as consultants.

In addition, Geoffrey Hewitt, Brian O'Neil Brian O'Neil (born 6 September 1972 in Paisley) is a former Scottish professional football defence midfielder. O'Neil was forced to retire from the playing staff of Preston North End in October 2006, due to long standing injury problems. , Trevor Nelson and Walter Haemmerli have resigned as Directors. Mr. Peachey and Mr. Lagergren will remain on the Board along with Irv Gruverman and Byron Denenberg. The Board plans to add a fifth independent director in the immediate future with none of the Board members serving as officers.

David Peachey, who was elected Chairman of the Board at the same meeting, said, "We are very pleased that a CEO of Peter Gerard's caliber will be leading our company. We are at a critical stage in our development. It is important we focus our resources on our most promising core products. Accordingly, the Board has directed management to undertake a complete review of the Company's strategic alternatives and day-to-day operations with the objective being to reduce current operating costs and overhead and to accelerate the product commercialization process."

Mr. Gerard has been working with the Company for several months as a financial advisor. However, Mr. Gerard's relationship with the Company goes back almost five years, when, as managing director of RP&C International, a London-based investment banking boutique, he served as an advisor and investment banker Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
 to the Company.

Mr. Gerard, 55, is a graduate of Yale University and Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . He has spent the better part of the last 30 years working with small to medium sized companies, both as an advisor and manager.

"I was selected by the Board in order to refocus the Company's energies to exploit its proprietary technologies. Initially, we will concentrate on four technologies: chemical-based sensors; non-invasive oxygen sensors; liquid level sensors; and remote monitoring systems. We have a proprietary position in each of these technologies and we intend to capitalize on them. We have a number of challenges facing us, but we also have a good team and excellent technologies," said Mr. Gerard.

DecisionLink has introduced sensor and communication products that use satellite communications and the Internet as the backbone for data transfer and control in the pipeline leak detection, aboveground storage tank monitoring, oil production, water quality monitoring and industrial wastewater compliance monitoring and control markets. DecisionLink has also introduced the OxySense(TM) 101. Developed in collaboration with the TNO TNO Tamarindo, Costa Rica (Airport code)
TNO Nederlandse Organisatie voor Toegepast Natuurwetenschappelijk Onderzoek
TNO Trans-Neptunian Object
TNO The New Order (paramilitary street gang)
TNO Trust No One
 Food and Nutrition Food and Nutrition
See also cheese; dining; milk.

accubation

Rare. the act or habit of reclining at meals.

alimentology

Medicine. thescience of nutrition.

allotriophagy

Pathology.
 Research Institute in the Netherlands, it is the first commercial product to enable the non-invasive detection of oxygen concentrations inside food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  packages.

DecisionLink has also developed a wide range of products for monitoring of propane and fuel oil tank levels, pipeline compressors, and many other multi-user remote asset monitoring applications for low-cost volume use of satellite communication pathways and the Internet. For more on DecisionLink, visit www.decisionlinkinc.com

This release includes forward-looking statements relating to DecisionLink's operations that are based on Management's and third parties' current expectations, estimates and projections. These statements are not guarantees of future performance and actual results could differ materially. These statements involve risks and uncertainties including, but not limited to, DecisionLink's ability to market its services using the Company's technologies throughout the world, the timely development and acceptance of new products, the ability to manufacture new products in commercial quantities at reasonable cost, the impact of competitive products and pricing, final promulgation PROMULGATION. The order given to cause a law to be executed, and to make it public it differs from publication. (q.v.) 1 Bl. Com. 45; Stat. 6 H. VI., c. 4.
     2.
 and enforcement of regulations, the timely funding of customer's projects, the ability to generate sufficient working capital from operations and/or attract investment or place debt in sufficient amounts to fund the financial obligations of the Company's business model and other risks detailed from time to time in the Company's SEC reports. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 23, 2001
Words:698
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