Del Favero Named to Cala Corporation's Undersea Resort Project Advisory Board.Business Editors OKLAHOMA CITY--(BUSINESS WIRE)--Sept. 19, 2000 Joseph Cala, 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 Cala Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CCAA CCAA Comunidades Autónomas CCAA China Center of Adoption Affairs CCAA Companies' Creditors Arrangement Act (Canada) CCAA California Collegiate Athletic Association CCAA Commercial Collection Agency Association ), today announced that John P. Del Favero will serve as the President of the Advisory Board for Cala Corporation's Undersea Resort Project. In this capacity, Mr. Del Favero will take the lead role in recruiting and convening world-class experts from various disciplines for service on the Advisory Board. Mr. Del Favero is currently the Vice President of Marketing for ProfessorQ, Inc., the technology leader in providing natural language search engine solutions for Web enterprises. Previously, Mr. Del Favero was the Executive Director of the Scottish Technology and Research Center, and Internet business incubator he developed and launched in Silicon Valley on behalf of the Government of Scotland Between 1707 and 1998, Scotland had neither a sovereign nor devolved government, despite the existence of distinct Scottish institutions such as its legal system. Her Majesty's Government of the United Kingdom was the sole government with authority over Scotland; however, there . Mr. Del Favero has more than 10 years of software industry marketing, sales and product management experience in the areas of multimedia, networking, and natural language processing Natural language processing Computer analysis and generation of natural language text. The goal is to enable natural languages, such as English, French, or Japanese, to serve either as the medium through which users interact with computer systems such as . He launched the digital multimedia library line of business for Picture Network International (PNI), which led to Eastman Kodak's acquisition of PNI in 1997. He also served as Worldwide Product Marketing Manager for IBM Corporation's COMDEX The former, premier computer trade show in the U.S. Although it grew into an end user event, it was originally created for dealers and distributors (it was the COMputer Dealers EXposition). award-winning RISC RISC in full Reduced Instruction Set Computing Computer architecture that uses a limited number of instructions. RISC became popular in microprocessors in the 1980s. System/6000 Video Server software and led IBM's business planning efforts in the area of interactive television set top box operating systems. Prior to his software career, Mr. Del Favero served as Vice President of Hartkemeier and Associates, a boutique venture capital firm in Malibu, where he led an international effort to raise venture capital during the Space Shuttle Challenger crisis for private space transportation systems that were the prelude to NASA's current $1 billion Reusable Launch Vehicle (RLV) program. About Cala Corporation Cala Corporation is a developing international hospitality company with a corporate emphasis on the ownership, operation and management of hotels, hotel-based restaurants, and real estate development. Cala Corporation is currently developing the Undersea Resort and Hotel project with proposed locations throughout the world. The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For further information on Cala Corporation, please contact 405/235-4960 or e-mail info@calacorporation.com. |
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