ECHO Announces a New President and Chief Operating Officer.AGOURA HILLS, Calif.--(BUSINESS WIRE)--Nov. 6, 1997--Electronic Clearing House Inc. (Nasdaq:ECHO) Thursday announced that Larry Thomas
Larry Thomas, best known for his role as the Soup Nazi on Seinfeld, has appeared in a number of films, TV shows, and commercials, and appears at autograph-signing shows across the country. has been appointed president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the corporation. Thomas joined ECHO in January of 1996 as a vice president after ECHO purchased an Internet specialty company that he had founded, and had served as president. In June 1996, Thomas was promoted to senior vice president of information systems and chief technology officer of ECHO. "Mr. Thomas' technical knowledge, business experience and personal integrity make him the best choice to lead ECHO into the next century," said Joel M. Barry, chairman and chief executive officer of ECHO. Thomas' appointment follows the announcement of the semi-retirement and resignation of Donald R. Anderson as president and chief operating officer. Anderson joined ECHO in 1986 and has served as president since that time. Anderson will continue to serve ECHO as a consultant, assisting in special projects. Thomas has led the development of numerous Internet products that assist merchants who desire to advertise and sell their products and services using the World Wide Web, and that assist acquiring banks This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. in the risk management of these merchant transactions. Prior to joining ECHO, Thomas was a charter member of the Cellular Digital Packet Data (communications, protocol) Cellular Digital Packet Data - (CDPD) A wireless standard providing two-way, 19.2 kbps packet data transmission over exisiting cellular telephone channels. (CDPD (Cellular Digital Packet Data) A low-speed, digital, wireless data network that is an enhancement to an existing analog cellular network. Based on IBM's CelluPlan II, CDPD provides a packet overlay onto the AMPS network and moves data at 19. ) specification team for the CDPD Consortium, and through his own company, provided CDPD infrastructure products to McCaw Cellular (now AT&T Wireless) and other CDPD providers. Thomas is a recognized speaker and author on networking and network management technology, and has held vice president management positions with Unisys and Burroughs, managing more than 600 employees, focused on the development of network management and client/server distributed system See distributed computing. distributed system - A collection of (probably heterogeneous) automata whose distribution is transparent to the user so that the system appears as one local machine. products. Thomas holds a bachelor's degree in economics and a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. , both from Rice University in Houston. Electronic Clearing House provides credit card processing, check guarantee and various Internet services to more than 8,000 retail merchants, as well as providing inventory tracking services to thousands of U-Haul dealers across the nation. Through a subsidiary, Computer Based Controls, ECHO designs, develops and manufactures software and point-of-sale hardware that is utilized as credit card processing terminals, automated money order dispensers, utility bill payment systems and inventory tracking devices. CONTACT: Electronic Clearing House Inc., Agoura Hills Donna Camras, 818/706-8999 ext. 3033 dcamras@echo-inc.com http://www.echo-inc.com |
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