First Virtual Communications Strengthens Senior Management Team.Business Editors/High-Tech Writers REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--May 6, 2004 Seasoned executives bring expertise in sales, marketing and corporate finance to rich media communications leader First Virtual Communications, Inc. (Nasdaq: FVCX), a premier provider of infrastructure and solutions for real-time, rich media communications, today announced the appointments of three new executives to its senior management team, adding expertise in the areas of sales, marketing and corporate finance. Mr. Keith A. Zaky, an industry veteran with 20 years of global sales and executive management experience, has been appointed to the position of vice president of worldwide sales. Mr. Duncan H. Campbell, a 20-year marketing veteran of Hewlett-Packard, has joined the organization as vice president of marketing, and Mr. Andrew P. Morrison, previously vice president of finance and corporate controller for Critical Path, Inc., has been appointed to the position of corporate controller. Jonathan Morgan, 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. of First Virtual Communications, commented, "These three individuals represent excellent performance in their areas of expertise. We believe Keith's proven track record in sales and operations will provide the leadership we need to deliver increased revenue and strategic partnerships, and will help us reach our objectives and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. emerging opportunities. Further, I am certain that Duncan has the ability to strengthen our market position and global reach for growth over the long term, and Andrew's sound financial operations background makes him an ideal choice for corporate controller." Mr. Zaky was previously executive vice president of worldwide field operations at Persistence Software, an 11-year-old, publicly traded infrastructure software company. Prior to Persistence, Mr. Zaky served with Octel Communications Corporation, a world leader in voice processing The computerized handling of voice, which includes voice store and forward, voice response, voice recognition and text to speech technologies. from 1985 to 1997, in a number of sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a and executive-level capacities, including western region general manager for the service provider market. In July 1997, Octel was acquired by Lucent Technologies, at which point Mr. Zaky served as vice president, general manager, Asia Pacific region for Lucent, Octel Messaging Division, establishing a regional headquarters in Singapore and helping to grow Octel's presence throughout Asia until 2000. He served on both Lucent, Asia Pacific and Lucent, China executive boards from 1997-2000. Mr. Campbell joined Hewlett-Packard in 1980 as a product line manager, then held several worldwide director positions for the networking, software and systems divisions within HP over two decades. He also served as worldwide director of marketing for Silicon Graphics from 1994 to 1995. Most recently, he served as worldwide marketing manager for channels, alliances and partners for HP. Mr. Campbell holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. , Wharton Graduate School and a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in chemistry from the University of California, San Diego UCSD is consistently ranked among the top ten public universities for undergraduate education in the United States by U.S. News & World Report.[3] It is a Public Ivy. [1] For graduate studies, most of UCSD's Ph.D. . The newly appointed corporate controller, Mr. Morrison, joins First Virtual from Critical Path, Inc., where he held various financial positions since May 2000, most recently vice president, finance, and corporate controller. Previously, Mr. Morrison worked for PricewaterhouseCoopers, LLP LLP - Lower Layer Protocol . Mr. Morrison is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and holds a Bachelor of Science degree in finance and accounting from Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing . Mr. Zaky, Mr. Campbell and Mr. Morrison can be contacted at First Virtual headquarters, 3200 Bridge Parkway, Suite 202, Redwood City, CA 94065-1169, phone: 650-801-6500 or 800-728-6337. About First Virtual Communications First Virtual Communications is a premier provider of infrastructure and solutions for real-time, rich media communications. The Company's award-winning Click to Meet(TM) product line is enterprise-class software that enables corporate, education, healthcare and government customers worldwide to present, share, sell, train and collaborate. Click to Meet integrates the user's choice of data, audio and multipoint interactive video into existing work environments and into everyday communication tools, such as instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or , web browsing and e-mail. Click to Meet software solutions are widely deployed in over 1,500 customer locations and excel in challenging environments, such as military intelligence, emergency response, disaster recovery, corporate training and geographically dispersed tele-working locations, among others. Headquartered in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. , First Virtual Communications has operations in France, United Kingdom, Japan and China. More information about First Virtual Communications can be found at www.fvc.com or by calling 1-800-728-6337 or +1-650-801-6500 outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Cautionary Statement Except for the historical information contained herein, this news release contains forward-looking statements, including, without limitation, statements containing the words "believes,'' "anticipates,'' "expects'' and words of similar import. Such forward-looking statements have known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of First Virtual Communications, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: the aggregate value of and impact on the Company of the previously announced investigation by the Company's Audit Committee, including any possible expansion of the investigation and any possible restatement of previously announced financial results; any adverse impact arising from the delay in filing required periodic reports; any delisting from the Nasdaq SmallCap Market; the risk that sales of the Company's Click to Meet(TM) and Conference Server products will not increase or that new versions will not be released on a timely basis; the Company's variability of operating results; market acceptance of web conferencing technology; potential inability to maintaining business relationships with integrators, distributors and suppliers; rapid technological changes; competition and consolidation in the web conferencing industry; the importance of attracting and retaining personnel; and other risk factors referenced in First Virtual Communications' public filings with the Securities and Exchange Commission, including the Company's report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2003. All trademarks are recognized. |
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