Liquid Audio Announces Resignation of CFO.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)--March 6, 2003 Liquid Audio, Inc. (Nasdaq:LQID) today announced the resignation of Michael Michael, archangel Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence. Bolcerek as senior vice president of finance and chief financial officer. Mr. Bolcerek had served the company in these positions since April 2001. Liquid Audio Chief Executive Officer Raymond Raymond, town, Canada Raymond, town (1991 pop. 3,130), S Alta., Canada, SE of Lethbridge, in a sugar beet area. Sugar is refined and honey is produced there. A provincial agricultural college is in the town. Doig stated, "Michael has been a valued employee during an extremely difficult period for the company, and we all wish him every success in his future endeavors." Mr. Bolcerek will not be replaced. His responsibilities will be assumed by Stephen Imbler, president of Liquid Audio. Liquid Audio, Inc. (Nasdaq: LQID) was formed in 1996 to provide record labels, artists and retail websites the software, infrastructure and services for the secure digital delivery of media over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . Today, the company is pursuing a dissolution Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership. The dissolution of a contract is its Rescission by the parties themselves or by a court that nullifies its binding force and reinstates each while exploring the disposition of its remaining assets. Note to Editors: Liquid, Liquid Audio, Liquid Player, Liquid Music Network and the Liquid Audio logo are trademarks of Liquid Audio, Inc. |
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