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Global Village appoints John Peterson as chief financial officer.


SUNNYVALE, Calif.--(BUSINESS WIRE)--March 25, 1997--Global Village Communication Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:GVIL) has appointed John Peterson John Peterson is the name of:
  • John Peterson (author) (1924-2002), American author of children's books
  • John B. Peterson (1850-1944), American politician from Indiana
  • John E. Peterson (born 1938), American politician from Pennsylvania
  • John W.
 as chief financial officer and vice president of finance and administration.

In this position, Peterson is responsible for all financial aspects of the company, including the management of the Finance and IS organizations.

"John has great experience with a number of successful high-tech companies," said Neil Selvin, president and chief executive officer of Global Village Communication. "His insights into financial and business strategy will be a great asset to us."

Peterson was chief financial officer and vice president of finance and administration at Calera Recognition Systems, a $15 million optical character recognition optical character recognition (OCR), method for the machine-reading of typeset, typed, and, in some cases, hand-printed letters, numbers, and symbols using optical sensing and a computer.  company. At Calera, Peterson coordinated private financing of $8 million, and significantly reduced the company's operating costs operating costs nplgastos mpl operacionales . He held a key executive role in strategic planning and built solid relationships with investors.

Prior to Calera, Peterson was the senior vice president and chief financial officer at E-H International, an $80 million high tech holding company, where he completed initial and secondary public offerings, and played a key role in a corporate acquisition.

Previously, Peterson worked for Atari Inc., where he held several positions including, general manager, vice president, assistant treasurer, and financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 manager.

Peterson completed his 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 accounting at San Jose State University, and 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.
 in the state of California.

About Global Village Communication

With over 8 million customers, Global Village Communication Inc. (NASDAQ:GVIL) is a leading supplier of integrated communication solutions for personal computer users. Global Village sells its products directly and through leading VARs, retailers and distributors worldwide. For more information please visit the Global Village web site at http://www.globalvillage.com .

CONTACT: Global Village Communication Inc.

Heidi Palmer/Kevin Burr, 408/523-2204/2260

heidi_palmer@globalvillage.com

kevin_burr@globalvillage.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 25, 1997
Words:303
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