Frontier Restructures Management.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 20, 2000 Frontier Pacific Mining Corp (CDNX CDNX See Canadian Venture Exchange (CDNX). :FRP FRP Fremskrittspartiet (Norwegian: Progress Party; political party) FRP Fiberglass-Reinforced Plastic FRP Fiber Reinforced Polymer FRP Fibre Reinforced Polymer FRP Fleet Response Plan (US Navy) .) ("Company" or "Frontier") announces the appointment of the following management positions to reflect the Company's new direction in the Information Technology sector: Gaurav Sri Krishna as the President and Director of the Company effective October 1, 2000. Krishna was previously Manager - Business Channels at Satyam Infoway Limited, Chennai, India (www.satyam.net.in), (www.sify.com), one of the largest and fastest growing Internet companies in India. He was also Business Manager for www.walletwatch.com, a personal financial channel of Satyam Infoway. Satyam Infoway is listed on the Nasdaq: Symbol SIFY, has a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of over one billion US dollars and trades in the range of US $15.00. Krishna also worked as Manager - Marketing, ICICI Bank, one of India's largest financial institutions trading on New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Krishna has a Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). (Honours) degree from Osmania University and a Master's degree in Management Studies from University of Bombay. The Board of Directors of Frontier believes that Krishna brings strong financial and management skills to the company at this transition stage of Frontier. Tom Schulz as the Chief Technical Officer of the Company. Mr. Schulz has been a Director of Frontier since June 1, 2000 and has been in-charge of Production and Development Department of Otherways Media Inc. ("Otherways") since August 1999. Tom holds 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 Computer Science from the University of Calgary. Tom specializes in software engineering and programming the Internet. Tom has worked the net as programmer, administrator and designer for firms such as Starnet Communications Inc., Realcase Software research and Canada Connect Corporation. Recently Tom investigated opportunities in India for software development on behalf of Frontier. A total of 275,000 stock options with an exercise price of $0.75 have been granted to directors and employees of the Company. Mohan R. Vulimiri has resigned his position as President and Director of Frontier in order to facilitate the appointment of Mr. Gaurav Sri Krishna. On Behalf of the Board of Directors David Smail, Director The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein |
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