PCS Wireless Inc. announces CFO appointment.VANCOUVER--(BUSINESS WIRE)--May 25, 1995--PCS Wireless Inc. announced Thursday that it has appointed David R. Murphy, to the position of vice president, Finance, and chief financial officer.
Murphy worked for Canadian Airlines Canadian Airlines International Ltd. was, from 1987 until 2001, Canada's second largest airline after Air Canada, carrying more than 11.9 million passengers to over 160 destinations in 17 countries on five continents at its height in 1996. International Ltd., a company with revenues of approximately $3 billion, and its predecessor companies, in various financial management roles for the last 20 years, most recently as senior vice president, Finance and senior restructuring officer.
Ralph Scobie, president & 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. stated, "David has extensive experience in capital markets and international financing. He fills an important role in the strategic management of PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. Wireless at this critical juncture in time as we rapidly expand our business into telecommunications markets worldwide."
As part of Murphy's overall compensation plan, he has granted a stock option in the amount of 200,000 shares of the company, exercisable on or before May 25, 2000 at a price of $3.82 per share. The grant of the option is subject to Vancouver Stock Exchange Vancouver Stock Exchange (VSE)
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With installations in over 12 countries, PCS Wireless Inc. is recognized worldwide as a leader in deploying wireless Distributed Antenna Array (DAA DAA - Distributed Application Architecture: under design by Hewlett-Packard and Sun. A distributed object management environment that will allow applications to be developed independent of operating system, network or windowing system. ) telecommunications systems. -0- On Behalf of the Board
Ralph G. Scobie President & CEO -0- The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this release.
CONTACT: PCS Wireless Inc., Vancouver
Ralph G. Scobie, president & CEO, 604/689-7722
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